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BA Supplement - Travel pricing - More travel for your money.
(From Financial Director)
Travel: cost-saving tips
1. Negotiate deals
This is increasingly important as spot-price bargains shrivel up. The key is in good preparation. That means, according to WPP European head of travel procurement Celia Allbut: "You need access to data that allows suppliers to understand your business requirements. You also need a strong travel policy so you can secure compliance from travellers to ensure you meet commitments with suppliers."
2. Buy tickets in advance
Tickets tend to be cheaper if you book in advance, but persuading travellers to do so is difficult. Communicating the financial benefits is the answer, preferably in a letter signed by the financial director. Scare travellers even more by making them return the letter with their own signature attached. This can be linked to Sarbanes-Oxley by incorporating travel policy as part of financial policy, so that travellers feel obliged to buy travel prudently as part of their fiduciary responsibility.
3. Travel long-haul in the fourth class
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