The 5 Best TravelBank Alternatives in 2023

Spending cash whereas touring on enterprise used to contain an entire mess of varieties, hassle, and forms. Fortunately, a brand new era of on-line journey administration options makes it simpler than ever to handle enterprise journeys, rising management and transparency. 

TravelBank is a well-liked selection of journey administration firm (TMC) for companies of all sizes. Nonetheless, it may be costly and difficult to implement.

If you happen to’re trying to examine journey suppliers, or contemplating TravelBank alternate options, this is our selection of 5 of the perfect alternate options to TravelBank in 2023. 

1. TravelPerk

TravelPerk allows you to e-book journey from the world’s greatest enterprise journey stock, together with flights, trains, lodges, and automobile leases. Even higher, you’ll be able to even e-book an Airbnb to entry distinctive experiences and unique properties.

Probably the greatest issues about TravelPerk is the way it incorporates flexibility, consolation, and accessible costs into the platform. The person interface is straightforward to make use of and extremely intuitive, making reserving enterprise journey fast, and gratifying.

Behind the scenes, the system permits customers to entry the perfect offers in the marketplace on flights, prepare journey, lodges, and automobile leases. It is simple to plan your full itinerary from the house to the resort and again – all contained in the wonderful app.

Finance managers will welcome the flexibility to include insurance policies and introduce controls to make sure all spending is cheap and required.

Whereas you are able to do every little thing on-line, you’ll be able to entry assist in seconds – 15, to be exact. That is proper, the common ready time for a TravelPerk agent is simply 15 seconds, giving it the sting over each different TravelBank different.

TravelPerk important options

• Easy to arrange with no fastened charges and nil implementation prices.
• For a small further price you’ll be able to add FlexiPerk and get 80% of your reserving value again if it’s essential cancel for any purpose.
• GreenPerk allows you to offset the carbon influence of your online business journey, serving to to guard the planet.
• Allows you to customise and automate journey insurance policies to maximise compliance.
• Create automated expense experiences from journey receipts. 
• 24/7 buyer assist out there in English and 9-5 in German and Spanish.

What reviewers say:

“I have been utilizing TravelPerk for a while now and it has been a fantastic expertise. The platform is easy to make use of and the dashboard may be navigated fairly simply. It’s a very handy technique to do company flight & resort bookings.” (Vinet)

“Glorious search and price features and quick correct communications when modifications are made – nice service!!”. (Dave Johnson)

How they stack up: TravelPerk v TravelBank

• Reviewers discovered TravelPerk was simpler to make use of, arrange, and administer. 
• Reviewers felt that TravelPerk meets the wants of their enterprise higher than TravelBank.
• Reviewers felt that TravelPerk supplied higher customer support when evaluating the 2. 

2. Egencia

It’s possible you’ll not have heard of Egencia, however we’re certain you will have heard of its (former) guardian firm Expedia. The enterprise boasts that it provides vacationers “unequalled worth, selection, and expertise.” The corporate is backed by American Specific International Enterprise Journey (AMEX), giving it international attain.

The platform is targeted on managers who need to maximize ROI for enterprise journey quite than provide vacationers with essentially the most intensive selection of suppliers and locations to remain. It helps six languages and can be utilized in over 60 international locations, together with the US, Europe, and Asia.

Egencia important options

• Entry to Expedia and the well-known manufacturers it companions with.
• Straightforward to carry out VAT restoration and reimbursement.
• Backed by AMEX to offer scale and safety.
• Straightforward API integration with present techniques, platforms, and processes.

How they stack up: Egencia v TravelBank

• Customers felt that Egencia was simpler to make use of than TravelBank.
• The platform provides customers extra coaching to make use of the platform.
• Reviewers counsel that TravelBank provides higher customer support.
• Extra individuals have been keen to suggest Egencia than TravelBank (though the pattern measurement was low).

What reviewers say:

“Total, Egencia is an efficient software for my staff to make use of once I (or my work accomplice) aren’t out there to make the reservations. They will simply entry their account, and the fees will go on the company bank card. This makes it throughout straightforward for the touring staff.”

Patricia Davies, Workplace Supervisor

“Customer support was terrible. It was a operating joke that once we needed to name customer support for one thing (frequent), it was a crap-shoot whether or not we have been going to get somebody that knew what they have been doing.”

Jessicca Fish, Government Assistant

3. SAP Concur

SAP Concur is an expense administration app with a journey part. It’s created and backed by one of many world’s main accountancy software program suppliers, so it is no shock that monetary management options closely within the provide right here. SAP Concur claims to have 46,000 international customers and sells itself as an answer for finance professionals. 

The platform makes use of a spread of authorized suppliers, along with your coverage guidelines in-built. Why is that this vital? Finance managers have higher management over the method, which implies insurance policies will likely be adopted to the letter (one thing each accountant loves).

As you’ll anticipate from an accountancy supplier, it is centered on the figures and integrates effectively with finance packages. 

SAP Concur important options

• Gives glorious visibility of journey and spending information for monetary managers.
• Ensures all bookings conform to insurance policies, defending budgets.
• SAP’s Concur Expense automates expense duties, making them sooner and extra correct. 
• SAP Concur may be built-in with ERP to offer a 360-degree view of enterprise funds.
• The inbuilt SAP’s Expense permits customers to create guidelines to categorize and approve worker bills rapidly. Customers can use the cell app.

What reviewers say:

 “I’d suggest this software program to anybody attempting to save lots of money and time on Journey and expense administration.”

Kunal, D. Reviewer

 “While you do need to enter info, it’s PAINFUL. The interface seems to be previous and messy, and including photographs and receipts is a unnecessarily troublesome course of attributable to unhealthy thumbnails and picture viewing.”

Mark. T, Reviewer

How they stack up: SAP Concur v TravelBank

• SAP Concur gives glorious monetary management, enabling finance managers to comply with journey bills.
• The interface and expertise are much less participating than TravelBank.
• The platform boasts a web based information base and useful movies, one thing TravelBank does not provide.

4. CWT

CWT is among the oldest journey administration corporations round. You should utilize the software program to rearrange journey in over 140 international locations, that is greater than double these lined with Egencia, for instance.

The software program integrates with RoomIT, providing customers a selection of virtually one million properties. Like all suppliers, it goals that will help you get the perfect worth, negotiating what it describes as “budget-friendly journeys with out compromising on comfort and luxury.”

Monetary controllers and managers will just like the platform’s analytics and reporting software.

CWT important options

• Devoted resort administration and reserving integration allow you to streamline room reservations.
• Customers can name on help from knowledgeable consultants for recommendation and steerage when reserving journey. 
• AnalytIQs gives reporting and visualization capabilities to observe and handle bills
• The platform permits organizations to evaluate the environmental influence of journey decisions utilizing ECO – its Worker Wellbeing, Local weather Impression, and Organizational Efficiency framework. 

What reviewers say:

“CWT booked all of our journey (each home and worldwide) once I labored as a Senior Administration Officer in a South Australian authorities division and I used to be liable for reserving all journey for a bunch of 170 employees.”

Tracey Lee-C, Advertising and marketing Advisor

“The system is clunky, not person pleasant, and infrequently has flight costs listed at a value larger than the airline’s web site.”

Lauren J, Supply Advisor

How they stack up: CWT v TravelBank

• CWT is a little bit of an enormous within the subject, with the attain to again it up. TravelBank is a newcomer, however that does not imply it is out instantly.
• TravelBank provides an attention-grabbing incentive system, encouraging staff to make cheaper decisions and rewarding them. 
• TravelBank permits 24/7 buyer contact by means of channels resembling Slack, whereas CWT makes use of conventional – and sluggish – channels. This can matter in an emergency.

5. BCD Journey

BCD Journey goals to extend enterprise journey ROI by means of modern new applied sciences and integrations. The corporate is larger than TravelBank, however does that scale translate into higher service?

The enterprise focuses on serving medium-sized companies and bigger gamers. Builders will love the simple API integration, and provides a spread of modern assist instruments to maintain finances holders knowledgeable and in management.

BCD Journey important options

• BCD Alert delivers real-time menace notifications to maintain employees secure wherever they’re on the planet.
• Web site options actually useful guides and data focused at customers and sectors.
• BCD’s companions embrace Lumo and AirHelp. They will use real-time info to assist vacationers predict disruptions and delays, touring sooner and smarter.
• COVID-19 info hub: Assists organizations in making higher journey selections with up-to-date COVID-19-related info.
• Utilizing BCD’s DecisionSource software, customers can analyze class spending and monitor key metrics, to remain on high of budgets.
• You should utilize BCD Journey’s BCD Pay to trace whole journey expenditure, offering a significant snapshot of spending.

What reviewers say:

There are not any third-party opinions of BCD journey on-line. 

How they stack up: BCD v TravelBank

• Like TravelBank’s incentive schemes, BCD Journey’s TripSource helps organizations reduce journey prices and incentivize good traveler habits.
• Clever integrations with Lumo and AirHelp will help vacationers optimize their time and streamline journeys.
• Organizations reserving journey with BCD can offset carbon utilizing GreenSeat, one thing you’ll be able to’t do with TravelBank.

So, which TravelBank different is the perfect?

COVID-19 stopped enterprise journey in its tracks, however immediately increasingly more of us are having to journey for enterprise. Regardless of the measurement of your online business or sector, the quickest, least expensive, and best technique to prepare enterprise journey is through the use of a journey administration firm. 

Clients and firms are spoilt for selection, however as we have seen in our evaluate of the 5 greatest TravelBank alternate options, not all journey administration suppliers are equal. If you happen to’re contemplating an alternative choice to TravelBank, then select TravelPerk. You will get entry to the world’s greatest vary of enterprise journey stock, 24/7 assist, and whole transparency over bills.

Would you wish to expertise the way forward for enterprise journey? Contact us immediately for a free demo.