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"The Point" is written by BMP Editor Kelly Barner as well as a diverse group of guest contributors.

Spend Under Management in Business Travel

“The whole is more than the sum of its parts.” – Aristotle

We believe we have good data… but is it complete?

I’ve had many conversations with Travel and Procurement managers about how much addressable travel spend the company has. This is a critical number as it validates a company’s volume, and dictates the sourcing strategy and execution. In most cases, I’m immediately presented with the Travel Management Company’s report of phone and online bookings. While this data is helpful and telling, there is an average of another 55% of travel spend that is not being accounted for in those data sources*.

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