Implementing ERP and HRMS for Business Travel

If left unchecked, business travel expenses of a company can cause a massive dent in its overall budget. That’s why, to streamline these expenses, an increasing number of companies of late have been handing over their corporate travel duties to dedicated travel management platforms.

And while this works well, there is another way to empower businesses further to enhance their productivity and efficiency. This can be done by integrating their ERP (Enterprise Resource Planning) and HRMS (Human Resource Management System) solutions with their business travel management platforms. Let’s look at the various ways in which this integration stands to benefit any organisation.

Benefits of ERP Integration with Travel Management Services

There are multiple benefits that can be reaped by integrating your business’ ERP with its travel management system. Let’s take a look at some of them.

Travel Expenditure

Combining your business plans and corporate travel policies with the data from your ERP solution allows you to increase your purchasing power by a significant margin. How is that?

Well, such an integration essentially paves the path for you to exercise more control over matters relating to how money is spent. This includes money spent on business trips, possible avenues of savings, changes among your vendors, and the like.

So you see, if you don’t have this integration in place, the facilities mentioned above would remain inaccessible for you. Also, having this integration will significantly help you improve and maintain a seamless relationship with your corporate travel partners.

Informed Decisions

Integrating your ERP solution with your travel management platform allows you to exercise uncompromising visibility over your travel expenses. Often, businesses go way beyond their allocated travel budget simply because they don’t have the requisite clarity regarding the expenditure.

By integrating these two platforms, you can tap into the data of both these channels and obtain extremely valuable and relevant insights in the process. When you have data from both the travel and finance department at your disposal, you are placed much better to optimise your travel expenses through informed decision-making.

Monitoring Cash Flow

If you want to account for every expense incurred during your company’s corporate travel trips, your best bet is to integrate your ERP solution with your travel expense management platform.Besides enabling you to have a better view of your cash flow, it also keeps you in the know regarding the status of your accounts at all times.

Benefits of HRMS Integration with Travel Management Services

Listed below are the benefits of integrating your HRMS solution with your travel management platform.

Splitting Expenses

When you integrate your HRMS with your travel management system, splitting expenses among the different employees across your organisation becomes incredibly convenient.This proves to be extremely handy when multiple employees are travelling together, and everyone has contributed to the expenses. It becomes easier for every member of the travelling party to issue and claim their trip-related reimbursements in subsequent times.

Easy Accessibility

Most travel management platforms and agencies out there have their own dedicated mobile application. Thus, combining your HRMS into this construct makes your entire expense management process that much more mobile and accessible.Integrating these platforms would let your employees access both the modules with the help of a single application.

Issuing Requests

Integrated travel management and HRMS arrangement would allow your employees to raise their travel and expense requests anytime and from anywhere. Subsequently, it also becomes easier for them to get approval for the same. Since all of this takes place on a single platform or application, the organisation doesn’t face any problems while keeping a track of them.

ERP and HRMS Integration Made Easy with Quest2Travel

In the current scheme of things, the need of the hour for most businesses is an agile travel management platform that can accommodate all of their dynamic corporate travel requirements. In a similar vein, Quest2Travel’s streamlined business travel management platform allows businesses to integrate both their HRMS and ERP solutions into it. Subsequently, it allows them to optimise their travel expenses and enables them to reach new milestones of success and growth in the process.

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