The focus: Budget remains stable despite savings!

The focus: Budget remains stable despite savings!

DACH-Raum, Deutschland - Awareness of costs for business trips has changed noticeably in recent years. According to a new survey by SAP Concur and Wakefield Research, generous 88% of business travelers from Germany, Austria and Switzerland expect constant or even increasing budgets for their trips. An optimistic signal for the future of the travel market! 84% of the Travel Managers and 79% of CFOs in Germany also have this positive outlook. Abouttravel.ch reports that ...

But reality often looks different. Around 86% of the respondents have had to learn restrictions on certain services, such as the booking of business or premium class flights, in the past twelve months. While 81% of travelers in the roof room try to optimize their budget through targeted savings, 33% rely on cheaper meals to avoid exceeding their meals. It is exciting that 24% of pre -cooked food takes you to save costs. Even small tricks, such as taking free products from hotels, are used by 22% of travelers.

travel expenses guidelines: necessity and benefits

The importance of a solid travel expenses guideline becomes clear in a current investigation: 73% of the respondents measure business trips a high priority and recognize the added value in relationship care with business partners. A well-thought-out travel expenses guideline is therefore essential to find an optimal compromise between costs and employee satisfaction. Travelperk.com emphasizes that …

Such guidelines should include clear budget limits for hotel accommodation, travel costs and additional costs. Interior points that should be included in a travel expenses guideline are, for example, not reimbursable expenses and a regulation on the additional meal expenses. This clear structuring helps to avoid misunderstandings and reduce administrative costs.

compilation of travel expenses

Travel expenses include all expenses that arise during a business trip. This includes travel costs, accommodation costs and additional catering expenses. In order to ensure smooth reimbursement, employees should always collect evidence. A transparent travel expense statement is not only important for the employees, it also optimizes the processing of the costs and ensures better compliance with compliance requirements. Personio.de explains that ...

in a world in which 83% of business travelers are particularly willing to choose more expensive options if the company pays the costs, it is essential to keep the balance between cost savings and travel comfort. 31% of travelers want more comfortable hotels or premium rooms, while 30% prefer flying connections. These preferences require a rethink at the travel expenses guidelines in order to meet the requirements of travelers.

Overall, the trend shows that a higher cost awareness and at the same time the right to more comfort can go hand in hand. Companies are required to draw the right conclusions from the current developments in order not to be economically successful and not to lose sight of the satisfaction of their employees.