Serko Limited, a leader in online travel booking and expense management for business, announced the rollout of its new Trip Budget feature in Zeno, its next-generation travel booking and expense management tool.
As many businesses face heightened budget pressures due to the impact of COVID-19, it is more important than ever for travel managers to demonstrate the value of their travel programs and ensure spend controls are central to their processes.
With the implementation of Trip Budget in Zeno, organizations can proactively manage to spend before a trip is booked, empowering travel managers to deliver more savings and greater spend control to stakeholders.
How Trip Budget works:
With Trip Budget, maximum spend amounts can be configured for business trips and require approval when the total cost of a booking exceeds that limit.
Trip budget amounts can be configured by:
- Policy type (e.g. spend limits can be configured for each part of a trip booking, including air, hotel, rental car, etc.)
- Policy category (e.g. domestic, regional or international travel)
- Traveler profile (e.g. employee type)
When the total cost of air, hotel or ground transport booking exceeds the total trip budget, it will be highlighted to the booker, who will need to provide an 'out of policy' reason before the booking can be confirmed.
Trip Budget is available to Zeno TMC reseller partners immediately. The feature joins Zeno’s suite of spend control features that enable organizations to optimize spend and drive seamless compliance across their travel programs.