2004 Corporate Travel Card Benchmark Survey - Executive Summary

2004 Corporate Travel Card Benchmark Visa Commercial Solutions Survey Executive Summary2004 Corporate Travel Card Benchmark SurveyHow companies are using travel cards to achieve organizational and cost efficiencies.Study Conducted by: RPMG Research CorporationHow does a typical organization What can organizations do to What kinds of processing effi-use travel cards today? What improve their travel card pro- ciencies and other benefits can are the most important travel gram performance? an effective travel card program card features? make possible? 2004 Corporate Travel Card Benchmark SurveyTo gain insight into how different sizes and types of expense reporting and creative ways to exploit the travel companies are using travel cards to achieve orga- card’s usefulness. nizational efficiencies, Visa Commercial Solutions In addition to enhanced data and increased convenience, participated in an in depth study of travel card usage. the study identifies further benefits that companies Over 700 companies that were customers of one of 14 derive from their travel card programs, from negotiating major commercial bankers or members of the National lower prices with suppliers to reducing travel card bud-Business Travel Association took part. gets, helping eliminate petty cash accounts, and more. The study identifies travel market trends as well as This executive summary highlights key findings and the factors that influence travel card program success. ...