Travel Management In The Era Of Big Data

　　 Travel data In general, it includes the number of airline tickets ordered, the average ticket discount, the number of flight segments of each airline, the number of hotel nights ordered, etc; From a small point of view, it involves employees' travel trajectory, travel choice behavior preferences, and so on. In the face of massive travel data, enterprises often do not know what to do. Not only do they not know where to start when analyzing, but they are already unable to collect and track data.

In order to obtain travel data through centralized booking, most enterprises will choose traditional machine wine agents such as Ctrip. However, the settlement method of such companies is mainly monthly settlement, and the payment period is generally 30-60 days, while the airline tickets are settled twice a week or even need to be prepaid, which brings a huge challenge to the cash flow of travel management companies. hotel cost The payment of is often still to be settled through the enterprise's reserve fund or the employee's own advance payment.

After travel Reimbursement phase Most companies seem to have financial systems in place. By manually entering data to be reimbursed and attaching paper invoices, employees can easily access hundreds of invoice documents and reimbursement transactions. The authenticity of the documents cannot be verified by the financial department, and the compliance is public. In recent years, strict control policies have been issued one by one, all of which urge enterprises to optimize the existing travel management model as soon as possible.

In 2006, China Merchants Bank issued the first international standard business credit card, pushing a new management concept for domestic travel management. Business card payment releases enterprise reserve funds; The exchange rate on the trading day and the entry day realized the entry of US dollar consumption in RMB; Unify the bill day, so that enterprises can control travel reimbursement in a unified way; Data service realizes real-time transmission of travel consumption data. The above many product functions have made China Merchants Bank business card absolutely popular in the domestic business card market and widely recognized by many enterprises. However, if we solve the payment problem, can we achieve the real business travel management?

In 2012, China Merchants Bank broke through the limitations of traditional travel management concepts and launched the "easy to travel" full process travel management platform. Under the guidance of the Internet thinking mode, it broke the shackles of the original concept of payment tools, and from the perspective of user experience, combined with the original travel policies of enterprises, customized the personalized travel management platform for enterprises, Realize the integrated whole process travel management mode of "travel application - machine wine booking - expense payment - reimbursement review - data analysis".

Uniformly solve the stripping of existing enterprise travel management reserve payment, employee advance payment, travel supplier reservation, self owned financial reimbursement system and other links. By sorting out the enterprise structure and implementing the existing travel policies; Prompt the low price of machine liquor and strictly control the travel standards of employees; Direct payment by business card, keeping the traditional monthly settlement payment habit, and ensuring the accuracy and compliance of transactions; Reimbursement data transmission and direct connection between paper documents and electronic data; Integration of travel data and analysis of big data can improve travel management.

The whole process travel platform of Ease of Travel is linked in five aspects, from travel approval, machine and wine booking, expense payment, reimbursement review to big data analysis, providing enterprises with a full set of travel management solutions. In addition, the platform also provides travel employees with considerate value-added services such as travel insurance, flight delay compensation, and point plan to improve their travel experience.

The 2013 China Travel Management Service Market Research Report shows that among all the interviewed enterprises, 27% are "familiar" with travel management, 39% are "heard but not understood", and 34% are "unheard of". It can be seen that the domestic travel management is still in its infancy, and the innovation of travel management is already in progress. China Merchants Bank's easy to travel management platform has brought revolutionary whole process management concepts to travel management, and once again stood at the forefront of the industry, becoming the industry leader.