Best Corporate Travel Management Companies

Corporate travel management companies (TMCs) are specialized service providers that help businesses streamline every aspect of their travel operations—from booking flights and hotels to managing itineraries, tracking expenses, and enforcing travel policies.

These platforms act as both a technology provider and a strategic travel consultant, helping businesses achieve greater visibility into their travel spending while simplifying the traveler experience.

Table of Contents

Benefits of Using a Corporate Travel Management Company

Optimized Booking Efficiency

TMCs use integrated technology platforms that allow employees and travel managers to quickly book flights, hotels, car rentals, and rail, all in one place. These platforms pull real-time data from travel providers and offer built-in approval workflows.

Policy and Compliance Enforcement

By embedding corporate travel policies into the booking tools, companies ensure that travelers adhere to approved vendors and budget limits. This reduces maverick spend and improves compliance.

Cost Control and Budget Insights

Corporate travel platforms offer advanced reporting features, enabling finance teams to analyze spending trends, optimize vendor negotiations, and identify savings opportunities across departments.

Top 5 Corporate Travel Management Companies in 2025

1. SAP Concur

SAP Concur is a market leader in corporate travel and expense management, widely adopted by mid-sized and large enterprises.

Product Overview
SAP Concur provides a seamless platform for managing travel bookings, expense reporting, invoicing, and compliance. The platform integrates with major airlines, hotel chains, and car rental providers while syncing with popular ERP systems for smooth financial reporting.
Benefits
Users gain full visibility into travel expenses, improve budget forecasting, and reduce manual processes with automated reporting and receipt capture.
Use Case
A multinational consulting firm using SAP Concur saw a 40% reduction in unauthorized bookings by integrating its travel policy and automating approvals.
Where to Buy
You can request a custom quote and demo directly from SAP Concur.

2. TravelPerk

TravelPerk is a fast-growing TMC catering to small and medium-sized businesses seeking flexibility and ease of use.

Product Overview
TravelPerk provides a modern, intuitive booking platform that includes real-time availability for flights, hotels, and ground transportation. Features like FlexiPerk allow businesses to cancel any booking and get a refund of up to 80%.
Benefits
The platform ensures cost-efficiency with built-in savings reports, and travelers benefit from fast booking options and 24/7 support.
Use Case
A startup scaling internationally reduced its average booking time from 45 minutes to under 10 by switching to TravelPerk.
Where to Buy
Learn more and sign up at TravelPerk.

3. TripActions (Navan)

Recently rebranded as Navan, TripActions offers an AI-powered travel and expense solution trusted by companies like Lyft and Zoom.

Product Overview
TripActions combines travel booking with expense automation in a single AI-driven interface. It offers dynamic policy controls, real-time risk management, and reward incentives for cost-efficient behavior.
Benefits
Navan leverages AI to offer tailored recommendations and streamline expense reimbursements, creating a more efficient workflow for employees and finance teams.
Use Case
A remote tech company used TripActions to cut down reimbursement time from 15 days to 48 hours, improving employee satisfaction significantly.
Where to Buy
Explore plans at TripActions (Navan).

4. CTM – Corporate Travel Management

CTM is a global leader offering tailored travel solutions to enterprises, government agencies, and non-profits.

Product Overview
CTM provides customized travel policies, risk management tools, and a 24/7 global support network. Its proprietary platform—Lightning—offers fast, user-friendly travel booking with real-time compliance checks.
Benefits
CTM is ideal for complex travel needs, offering scalability, customizable dashboards, and comprehensive reporting.
Use Case
A government agency operating across regions integrated CTM for better duty of care and was able to track and assist travelers during a global health crisis.
Where to Buy
Get in touch through CTM’s official site.

5. Egencia (An American Express Global Business Travel Company)

Egencia offers a robust corporate travel management platform built with the backing of Amex GBT.

Product Overview
Egencia is known for its global reach, intelligent policy enforcement, and integrated travel booking tools. The platform serves mid-sized companies and enterprise clients with tailored reporting and approval workflows.
Benefits
With features like real-time travel alerts, budget visibility, and integration with HR platforms, Egencia ensures a smooth end-to-end experience.
Use Case
A manufacturing company with operations in multiple countries switched to Egencia to unify its fragmented travel tools into one system, reducing operational costs by 25%.
Where to Buy
Book a consultation at Egencia.

How Corporate Travel Management Tools Solve Business Challenges

Problem: Disorganized Travel Booking
Solution: Tools like TravelPerk and CTM centralize bookings in one dashboard, reducing miscommunication and duplicated reservations.

Problem: Out-of-Policy Expenses
Solution: Egencia and SAP Concur ensure employees follow policies through automatic enforcement and guided booking flows.

Problem: Lack of Real-Time Support
Solution: With platforms like TripActions, employees have 24/7 in-app support, even across different time zones and during emergencies.

Problem: Manual Expense Reporting
Solution: Automated receipt capture and expense filing in platforms like Expensify and SAP Concur eliminate paper trails and human error.

How to Choose and Buy the Right Corporate Travel Management Tool

Assess Your Business Size and Travel Volume
Small businesses may prefer TravelPerk, while enterprises might lean toward SAP Concur or Egencia.
Check Integration Capabilities
Look for platforms that sync with your existing accounting, HR, or ERP systems.
Compare Pricing and Support Features
Some tools offer flexible cancellation policies, while others provide high-touch concierge support.

Where to Buy – Get Started with the Best Travel Management Platforms

FAQs

1. What is the best corporate travel management company for small businesses?
TravelPerk is an excellent option for small to medium-sized companies due to its intuitive interface, affordability, and flexible booking features.

2. Can I use these platforms to manage international travel?
Yes. Tools like CTM and Egencia have global support networks and integrations with international travel providers, ideal for cross-border operations.

3. Do travel management companies help with travel policy enforcement?
Absolutely. Platforms like SAP Concur and Navan offer automated policy integration to ensure bookings comply with your corporate rules.

5 Best Corporate Travel Management Companies for Streamlined Business Travel in 2025