oboloo Glossary

Travel Management Systems

oboloo Glossary

Travel Management Systems

A Travel Management System (TMS) is an information and communication platform designed to help businesses simplify the process of organising and managing business trips for their staff. It allows you to streamline all aspects of travel management, from predicting expense budgets to booking flights and hotels in the most cost-effective manner possible. By using a TMS, businesses can reduce costs, save time and increase compliance with corporate rules and regulations. It also helps provide visibility into global spending patterns, making it easier to identify potential trends and opportunities to save money.