About This Constellation ShortList™
Travel management platforms enable enterprises to not only orchestrate trips but also reduce the time required to book a trip while managing the expenses for employees.
Trip orchestration includes the booking of flights, train trips, rental vehicles, ride sharing, car service, lodging and other travel-related services. Improvement in travel management platforms enables employees to rapidly plan trips that adhere to travel policy guidelines and automatically integrate with expense management tools and finance systems.
Constellation forecasts a market of $2.1 billion for travel management platforms by 2022.
Constellation considers the following key criteria for these solutions:
- Travel policy creation and enforcement
- Travel purchasing platform
- Pre-trip approvals
- Itinerary customization and management
- Travel mishap management
- Expense management tools or integration with third-party expense management solution
- Finance system integration
- Travel spending optimization and reporting
- Travel support services
The Constellation ShortList™
Constellation evaluates more than 25 solutions categorized in this market. This Constellation ShortList is determined by client inquiries, partner conversations, customer references, vendor selection projects, market share, and internal research.
- SAP Concur
Frequency of Evaluation
Each Constellation ShortList will be updated at least once per year. There could be an update after six months, should the analyst deem it necessary.
Constellation clients may work with the analyst and research team to conduct a more thorough discussion of this ShortList. Constellation can also provide guidance in vendor selection and contract negotiation.