PAY FOR EVERYONE - airplus.com · Using virtual cards the traveler can book freely but the payment...
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AirPlus Market Insights EFFICIENCY – NO ADMIN MAKES THE TRAVEL MANAGER HAPPY! Reasons: Central payment & zero reconciliation Pay for everyone (light travelers, contractors etc.) Visibility (track travelers wherever they book) Efficiency (ultra-easy admin) Painless payment (think traveler-centric) Painless expenses (cut claim and reimbursement) Employer needs Traveler needs Corporate Card Company cash advance Traveler pays privately Virtual Card Reasons to use VIRTUAL CARDS for hotel payments PAINLESS PAYMENT – Be traveler-centric! Why? It doesnʼt affect personal cashflow • It doesnʼt affect their credit scores • It doesnʼt increase how much interest they owe • It keeps administration on lowest level • (virtual cards, corporate cards) About this study: AirPlus interviewed 1,285 business travelers in 18 countries and 676 corporate travel managers in 13 countries. Interviews were carried out by phone and online. 83 % of travel managers are happy with corporate payments (virtual cards and corporate cards) Travelersʼ 1 st choice: Corporate payments Traveler pays privately 2 nd Company cash advance 3 rd VIRTUAL CARDS pass all tests BEST IN CLASS FOR HOTEL PAYMENT VISIBILITY – No matter how they book Using virtual cards the traveler can book freely but the payment process keeps you in control. 52 % 7 % booked via corporate booking tools Hotel is booked by their company booked through online travel agencies or direct from the hotel. All these travelers are INVISIBLE to the company. PAY FOR EVERYONE Virtual cards cover your light travelers 51 % Light travelers, contractors, trainees, clients and suppliers don’t usually get a corporate card. are light travelers (1-3 trips per year) Virtual cards fill this gap and keep them compliant. They can pay for hotel stays by anyone. 47 % 41 % 25% 95% 67 % 9% NO EXPENSES = GOOD EXPENSES Which payment method causes the least effort in your expense reports? Corporate cards speed up expense claim, but virtual cards eliminate the expense process completely. Corporate payments (virtual cards, corporate cards) Traveler pays privately Company cash advance 63% 22% 15% 73 % 18% 9%
Transcript of PAY FOR EVERYONE - airplus.com · Using virtual cards the traveler can book freely but the payment...
AirPlus Market Insights
EFFICIENCY – NO ADMIN MAKES THE TRAVEL MANAGER HAPPY!Reasons: Central payment & zero reconciliation
Pay for everyone (light travelers, contractors etc.)
Visibility (track travelers wherever they book)
Efficiency (ultra-easy admin)
Painless payment (think traveler-centric)
Painless expenses (cut claim and reimbursement)
Employer needs
Traveler needs
Corporate Card
Company cash advance
Traveler pays privately
Virtual Card
Reasons to use VIRTUAL CARDS for hotel payments
PAINLESS PAYMENT – Be traveler-centric!
Why?It doesnʼt affect personal cashflow •It doesnʼt affect their credit scores •
It doesnʼt increase how much interest they owe •It keeps administration on lowest level •
(virtual cards, corporate cards)
About this study: AirPlus interviewed 1,285 business travelers in 18 countries and676 corporate travel managers in 13 countries. Interviews were carried out by phone and online.
83%
of travel managers are happy with corporate payments (virtual cards and corporate cards)
Travelers ̓ 1st choice: Corporate payments
Traveler pays privately 2nd
Company cash advance 3rd
VIRTUAL CARDS pass all tests
BEST IN CLASS FOR HOTEL PAYMENT
VISIBILITY – No matter how they book
Using virtual cards the traveler can book freely but the payment process keeps you in control.
52%
7%booked via corporate
booking tools
Hotel is booked by their company
booked through online travel agencies or direct from the hotel. All these travelers are INVISIBLE to the company.
PAY FOR EVERYONEVirtual cards cover your light travelers
51% Light travelers, contractors, trainees, clients and suppliers don’t usually get a corporate card.
are light travelers (1-3 trips per year)
Virtual cards fill this gap and keep them compliant. They can pay for hotel stays by anyone.
47%
41% 25%
95%
67%
9%
NO EXPENSES = GOOD EXPENSESWhich payment method causes the least effort in your expense reports?
Corporate cards speed up expense claim, but virtual cards eliminate the expense process completely.
Corporate payments (virtual cards, corporate cards)
Traveler pays privately
Company cash advance
63%22%15%
73%
18%
9%
