Serko, a New Zealand-headquartered online travel booking and expense management for businesses, has rolled out its latest Trip Budget feature in Zeno, its travel booking and expense management tool.
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)
- Traveller 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.
With the implementation of Trip Budget in Zeno, organizations can proactively manage spend before a trip is booked, empowering travel managers to deliver more savings and greater spend control to stakeholders.
Trip Budget is available to Zeno TMC reseller partners immediately.