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November 16, 2020

Business Travel + Payments News for the Week: November 16

Samantha Shankman
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News
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Automation is the name of the game in 2021. From expense management to corporate travel management, leaders are looking for ways to save on costs while increasing control and visibility. Leveraging tools that use AI-technology to streamline once-cumbersome processes, teams can spend more time making strategic decisions for the future of their business. This week’s news looks at the progress the travel industry is making in its recovery while highlighting the tools that organizations are using to be prepared to travel again.

As you chart a path to return to business travel, we encourage you to continue to reference our free-to-the-public TripActions Business Travel Recovery™ Tool and our COVID-19 Report in the TripActions Travel Manager Dashboard. These will help you assess the safety of travel, understand any associated government regulations, and use other pertinent real-time data to guide your policy decisions. You can also explore the most pressing industry topics on the TripActions Community, which offers valuable insight from travel managers, finance leaders, HR professionals, and others.

Now, let’s dive into what’s happening across the industry today. You can check out past weekly news roundups here.

Should I get a Corporate Credit Card? [Forbes]

Corporate cards offer a number of advantages for businesses looking to give their employees purchasing power and manage their expense reporting. This article breaks down the benefits for everyone involved.

American Airlines Restarts China Flights [Reuters]

American Airlines is restarting passenger flights to China on Wednesday, lifting the total number of U.S. weekly flights to 10 as the U.S. government continues to push for more air service between the world’s two largest economies.

United Airlines Seizes Chance to Return to JFK Amid Pandemic [The Wall Street Journal]

United Airlines Holdings Inc. said the pandemic has provided an opportunity for the airline to fulfill its long-held ambition to return to John F. Kennedy International Airport in New York after a five-year absence. United will start twice-daily flights from JFK to San Francisco and Los Angeles on Feb. 1.

Should Companies Offer ‘Hazard Pay’ to Tempt Workers to Travel Again? [Skift]

Apple has reportedly offered employees a $500 daily cash bonus to fly to China. Despite a few ethical and liability questions, it’s not as controversial as it sounds.

Expense Management Has to Handle Travel and No Travel [PaymentsSource]

Now more than ever, finance chiefs and their teams are looking to technology to redefine finance management, freeing up time from manual tasks to focus greater attention on analytical matters. For many organizations, travel and expense management is a prime candidate for automation, with existing processes still manual, time-consuming, and error-prone.

For more news and actionable insights from the business travel community, subscribe to Open for Business: A Corporate T&E Podcast Powered by TripActions on your favorite podcast platform and join the TripActions Community.

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