Travelperk: Digitization in the business trip market creates new opportunities!

Travelperk: Digitization in the business trip market creates new opportunities!

In the digital age, business trips are subject to profound change. Companies like TravelPerk rely on smart technologies to optimize the process of travel organization. According to Travel before 9 Travelperk sees digitization as a central key to its growth. The Germany boss Eugen Triebelhorn emphasizes that open interfaces, dynamic travel guidelines and AI-supported process optimization are decisive to simplify the complexity of business trips.

TravelPerk pursues the goal of offering a consistent platform that covers all aspects of the business trip. This ranges from booking to billing to guideline management. The value of transparency and compliance has increased particularly during Corona pandemic. Companies have shown a growing interest in the integration of travel dates into the existing HR and process management systems. Travelperk has therefore opened its systems to enable seamless integration - without additional costs.

technological developments in focus

The effects of technology and digitization on business trips should not be underestimated. According to The BusinessTravel magazine revolutionize virtual meetings, artificial intelligence (AI) and online booking platforms the area of ​​business trips. In this way, travel plans, booking confirmations and tickets are increasingly managed. The use of these digital tools offers the advantage that you save time and costs by reducing the need for physical trips.

artificial intelligence also plays a role in proactively defusing problems such as flight delays or failures. Users can now easily call up relevant information, such as on travel conditions. Companies that adapt these trends are able to benefit from considerable cost and time savings.

growth and new trends

TravelPerk addressed mainly unmanaged companies before the pandemic, but has now also gained a foot in the enterprise segment. In order to avoid a leakage, i.e. bookings outside the system, the company relies on decentralized booking approaches that enable employees to book within defined guidelines. These dynamic policies can be adapted according to the role, intended use or availability.

Another step in innovation is the recent acquisition of the Swiss provider Yokoy, which aims to expand the end-to-end process. With regard to the German market, Travelperk also plans deeper localization, including the complete integration of rail connections. The expenses of German companies in the USA have also increased, influenced by inflation reduction act and US investments of European companies. Interestingly, around 40 percent of TravelPerk customers expect rising travel budgets for 2024.

With a focus on individual advice and strategic account manager, Travelperk promises optimization suggestions that are intended to help companies master the challenges of the modern travel world.