Navigating business travel variables with the right travel technology
By now, we’re all aware how unpredictable corporate travel can be. Despite meticulous planning and robust reporting, external factors often challenge travel managers. Demonstrating the value of your travel program involves adeptly managing these variables to minimise disruption and optimise outcomes. Let's delve into three key challenges faced by modern travel managers.
NDC
What is NDC and why does it matter?
NDC (New Distribution Capability) is a set of standards developed by IATA to enable airlines to distribute their content more effectively through indirect channels like travel agencies and third-party booking platforms. It matters because it offers opportunities for dynamic pricing, personalised offers, and enhanced shopping experiences for travellers.
Deciphering NDC
New Distribution Capability (NDC) has been a buzzword in the travel industry for years, promising dynamic pricing and personalisation. However, navigating the complexities of NDC readiness remains a challenge. With 85% of airlines yet to announce NDC programs, preparation is key. Conducting pilot programs and collaborating with stakeholders and suppliers are crucial steps toward harnessing the potential of NDC. FCM Platform facilitates this process seamlessly, empowering travel managers to adapt and thrive in a changing landscape.
Airfare pricing
With global airfares on the rise, travel managers face the challenge of managing costs effectively. While price fluctuations are beyond control, proactive measures can yield significant savings. Conducting a comprehensive air supplier review and analysing travel patterns enable informed decision-making. FCM Platform empowers travel managers with actionable insights, facilitating strategic adjustments to safeguard program value amidst escalating prices.
Shifting travel needs
Post-pandemic travel trends continue to evolve, with a shift towards hybrid meetings and international events. Anticipating and addressing these changing needs is essential for travel managers. Clearly defining the purpose of business travel and aligning it with organisational objectives are essential steps. FCM Platform provides the tools and support needed to navigate evolving travel requirements, ensuring every trip delivers value and impact.
Download the full tech guide to discover how our advanced technology and expert insights can help you navigate these business travel variables and drive success.
