Booking and expense management provider says solution will enable managers to better control spending >>
Serko Limited, the online travel booking and expense management provider, has introduced a Trip Budget feature in Zeno, its travel booking and expense management tool. With the implementation of Trip Budget in Zeno, according to an announcement, organizations can proactively manage spend before a trip is booked, empowering travel managers to deliver more savings and greater spend control to stakeholders. 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, according to the announcement, enable organizations to optimize spend and drive seamless compliance across their travel programs.