Top 5 CTM Travel options to contemplate in 2023

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CTM Travel isn’t your solely possibility in the case of company journey administration software program and options. There are ample corporations to select from, and we’ve listed the highest 5 options so that you can take into account.

Let’s dive straight in.

1. TravelPerk

TravelPerk is an end-to-end journey administration firm with an all-in-one digital platform for companies and company vacationers. 

The trendy platform is constructed with traveler self-management at its core and allows customers to handle the enterprise journey reserving course of from starting to finish from its centralized platform. From journey administration reporting and journey approvals to coverage compliance and traveler security options, TravelPerk gives a best-in-class expertise for enterprise vacationers and finance managers. 

As nicely as entry to probably the most in depth journey stock for flights and accommodation, TravelPerk presents probably the most complete and distinctive set of company journey options. These embody a VAT restoration resolution, a carbon offsetting program, and FlexiPerk, an add-on that enables customers to cancel their journey plans as much as two hours earlier than departure with a assured refund of 80%.

TravelPerk noteworthy options 

How clients price TravelPerk

  • G2 ranking: 4.6/5  (as of June 2023)
  • Capterra ranking: 4.8/5 (as of June 2023)

TravelPerk pricing

Since TravelPerk is appropriate for companies of all sizes, there are 4 pricing plans to select from, beginning with a free tier. All plans have entry to an enormous journey stock and the 7* buyer care assist workforce, and clients can add an infinite quantity of vacationers or directors to the platform. 

Across all of TravelPerk’s paid plans, companies solely pay the month-to-month charge in the event that they journey that month. Here’s an outline of TravelPerk’s pricing tiers: 

  • Starter: This plan is free to make use of, that means there isn’t any month-to-month subscription charge. Plus, the primary 5 bookings every month are utterly free too, with a 5% reserving charge thereafter. Users have entry to consolidated invoicing, limitless price facilities, one coverage and approval workflow, and journey restrictions info and alerts.
  • Premium: Priced at $99/month with a 3% reserving charge, this plan presents concierge companies for particular requests, financial savings of as much as 25% with VAT-ready invoices, and safe traveler sign-in and automatic consumer setup.
  • Pro: This plan prices $299/month with a 3% reserving charge and gives limitless coverage and approval workflows, limitless budgets by price middle, customized reviews and insights, and entry to company charges.
  • Enterprise: This tier is designed for enterprise companies that wish to customise their necessities. To discover out extra about this plan, get in contact with an skilled

Languages supported by TravelPerk

TravelPerk helps the next languages: English, Spanish, German, Italian, and French.

Start saving cash on enterprise journey to your firm right now!

2. BCD Travel

BCD Travel, based in 2006 and headquartered within the Netherlands, is a company journey administration firm that helps companies worldwide. They supply a variety of companies, together with journey reserving, itinerary administration, expense administration, coverage compliance, threat administration, and consulting.

BCD Travel noteworthy options 

  • Real-time alerts in BCD’s cell app to ensure all vacationers are secure 
  • Data reporting inside 90 minutes of creating a reserving
  • TripSource®, a software permitting admin employees and vacationers to handle journeys in a single place
  • 24/7 customer support
  • BCD Pay gives T&E spend administration options to vacationers and finance managers
  • Access to Connect by BCD platform to community with business friends and develop journey administration expertise
  • BCD Developer Hub gives APIs and developer instruments to energy the subsequent technology of company journey

How clients price BCD Travel

  • G2 ranking: BCD Travel has no G2 scores (as of July 2023)
  • Capterra ranking: BCD Travel has no Capterra scores (as of July 2023)

BCD Travel pricing

Pricing is accessible upon request.

Languages supported by BCD Travel

English, Dutch, French, German, Italian, Spanish, Portuguese.

CTM Travel vs BCD Travel

Looking to opinions to check these two options doesn’t present a lot perception—neither resolution has sufficient opinions to supply a user-focused comparability. In phrases of performance, each companies supply comparable company journey administration options and instruments, together with reserving instruments, security and threat administration, expense administration and reporting, and post-travel insights.

3. CWT

CWT, beforehand often called Carlson Wagonlit Travel, is a world journey administration firm serving to companies create, preserve, and function company journey applications. Their purpose is to assist organizations optimize their journey applications, management prices, enhance traveler experiences, and guarantee compliance with company journey insurance policies.

CWT noteworthy options 

  • myCWT™ app gives vacationers with itineraries, particulars, and assist across the clock and on the go.
  • Risk administration options—together with incident notifications, traveler monitoring, and worldwide SOS—make sure you meet your authorized and moral obligations to assist staff.
  • Use RoomIt to select from over 800,000 lodging choices with a world distribution system.
  • Analytics and visualization capabilities from AnalytIQs to trace your journey bills with actionable insights.
  • Access to a world cybersecurity workforce for helping staff with navigating knowledge threats and safety points.
  • Industry-specific journey applications to assist all kinds of companies.

How clients price CWT

  • G2 ranking: 3.7/5 (as of July 2023)
  • Capterra ranking: CWT has no Capterra scores (as of July 2023)

CWT pricing

Pricing isn’t obtainable on the web site so that you’ll must get in contact for a customized quote.

Languages supported by CWT

The myCWT app is accessible in English, French, German, Italian, Simplified Chinese, Spanish

CTM Travel vs CWT

The solely overview website on which both of those instruments seems is G2. CTM rating 1.8/5 stars (primarily based on 3 opinions) and CWT rating 3.7/5 (primarily based on 6 opinions). This could possibly be interpreted as CWT edging forward of CTM, however the lack of opinions makes it tough to check the 2.

Both options present comparable choices—from cell apps for on-the-go journey administration to customized reserving instruments for lodging.

4. AMEX GBT

American Express Global Travel is a comparatively new company journey administration firm (est. 2014) that advantages from AMEX’s long-standing enterprise data and connections. AMEX GBT sometimes gives journey administration options to enterprise companies and purchased Egencia to assist SMEs.

AMEX GBT noteworthy options 

  • A unified system for managing bookings and journey bills.
  • Mobile app for on-the-go journey administration and updates.
  • Data and analytics with Amex GBT’s Premier Insights™ to check your program to business friends and establish alternatives to enhance your program.
  • Monitor price drops and simply rebook tickets to save cash with re-shop instruments.
  • Airline credit score reporting: a holistic view of complete refund quantities and any unused tickets obtainable is seen within the easy-to-use reporting software.
  • Risk alerts give you direct communication throughout disruptions.
  • Navigate enterprise journey challenges whereas touring with private assistants prepared to help.

How clients price AMEX GBT

  • G2 ranking: 4/5 (as of July 2023)
  • Capterra ranking: AMEX GBT has no Capterra scores (as of July 2023)

AMEX GBT pricing

Pricing info isn’t obtainable on the positioning; you’ll must get in contact for customized pricing.

Languages supported by AMEX GBT

AMEX GBT gives assist in English, Czech, Danish, Dutch, Finnish, French, French Canadian, German, Hungarian, Italian, Japanese, Norwegian, Polish, Portuguese, Spanish and Swedish.

CTM Travel vs AMEX GBT

Looking at G2, AMEX GBT outperforms CTM significantly (4/5 stars vs 1.8/5 stars respectively)—nevertheless, we once more encounter the difficulty of too few opinions to succeed in a particular conclusion. 

Despite CTM being based in 1994 and having nearly 20 years of expertise on AMEX GBT, each options present all of the instruments essential for company journey administration.

5. TravelFinancial institution

TravelFinancial institution, based in 2015, is a relative newcomer to company journey administration, nevertheless it’s already competing with the highest names within the business. The all-in-one journey administration platform gives all of the instruments and options you want for end-to-end company journey administration.

TravelFinancial institution noteworthy options 

  • Book flights, inns, and vehicles with customized budgets and approvals, all from the identical platform.
  • Manage company playing cards, create digital playing cards, observe transactions, and handle budgets with the company card functionalities.
  • Get better visibility into enterprise spend with expense seize, spend reviews, automated approval flows, and expense insights.
  • Monitor spend, leakage, and traits on a completely customizable dashboard.
  • Integrate along with your current ERP and HRIS for a seamless expertise. 

How clients price TravelFinancial institution

  • G2 ranking: 4.5/5 (as of July 2023)
  • Capterra ranking: 4.7/5 (as of July 2023)

TravelFinancial institution pricing

TravelFinancial institution pricing isn’t obtainable on-line—get in contact for a customized quote.

Languages supported by TravelFinancial institution

TravelFinancial institution is at present solely obtainable in English.

CTM Travel vs TravelFinancial institution

TravelFinancial institution gives a contemporary, tech-led strategy to company journey administration. CTM gives a extra conventional, buyer service-oriented strategy—however that’s to not say it doesn’t additionally present modern tech options. 

In phrases of opinions, TravelFinancial institution is the clear winner. They rating extremely on each Capterra and G2, and have sufficient opinions to contemplate it an correct illustration of their companies. The similar can’t be mentioned for CTM.

Wrapping up

Whether you’re sending staff to Tokyo or San Francisco, you’ll be able to streamline the whole company journey administration course of with the precise software. That could possibly be CTM Travel, or it could possibly be another of our options.

Make certain to do your personal analysis and take into account your personal journey wants earlier than deciding on an answer. We at TravelPerk are prepared to speak if you find yourself.

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