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Effectively managing corporate travel is important for several reasons: 1. Cost control. Business travel is a major expense category for many companies. Having a structured corporate travel ...
CWT (formerly Carlson Wagonlit Travel) is a travel management company that manages business travel, meetings, incentives, conferencing, exhibitions, and handles event management. Headquartered in Minneapolis, Minnesota , the company reported US$23 billion in total transaction volume in 2018. [ 1 ]
The Minneapolis–St. Paul metropolitan area is the country's 13th largest economy based on GDP and has surpassed the Detroit metropolitan area as the Midwest's second largest economy. [1] As of 2020, there are 24 Fortune 1000 companies headquartered in the Minneapolis–St. Paul metropolitan area.
Corporate travel management is the function of managing a company’s strategic approach to travel (travel policy), the negotiations with all vendors, day-to-day operation of the corporate travel program, traveler safety and security, credit-card management and travel and expenses ('T&E') data management.
It seems as if the mindset is slowly gaining traction, as a 2023 study from Global Business Travel Association projected spending on business travel will surpass pre-pandemic levels of $1.4 ...
Multiple players have emerged with various solutions -- from software to corporate cards -- to help businesses of all types and sizes better manage their expenses and save money and time while ...
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