Key considerations for selecting the right travel management company… Transaction Fees By far the most popular commercial model, the transaction fees model is where the client pays a small fee for each transaction they make with a Travel Management Company (TMC). Such transactions include bookings, cancellations, or changes to existing bookings. Usually, TMCs offer discounted...Read More

Issuing an RFP isn’t always necessary when choosing a TMC… Some view RFPs as an outdated method. Companies who thrive on innovation are looking for a better process, one that focuses on building rewarding client-vendor relationships. When looking to hire a vendor who offers a service, a cookie-cutter approach may not yield the best results....Read More

Although TMC benchmarking can be an important factor in most procurement processes, the usual techniques used can often lead to inaccurate results when it comes to evaluating Travel Management Companies (TMCs). For ordinary items that are not sensitive to a variety of external factors, such as paper, you can easily solicit a quote from suppliers...Read More