Last Updated on: October 30, 2024 at 5:00 am
6.3 million people visited Singapore in 2022, a remarkable increase after two years of reduced activity due to the COVID-19 pandemic. A key contributor to this growth is corporate travel. Indeed, Singapore is an increasingly popular destination for business visitors due to its vibrant economy, strategic location in Southeast Asia, and world-class infrastructure. The country is home to both tech giants and promising start-ups.
As business travel returns to pre-pandemic levels, it’s helpful to highlight some interesting trends. The last few years saw an uptick in assisted bookings, with 20% of corporate travel managers now preferring this method. When asked what would restore their confidence in online booking tools, managers indicated the need for integrated features, such as safety data, contextual policy applications, and automatic ticket credits.
Several corporate travel management companies in Singapore now offer products that integrate these and other features into one solution. These platforms provide numerous benefits, such as easy travel policy implementation, quick reporting, and savings in both time and money. Let’s dig into the top 10 travel management companies in Singapore.
In this article, we'll take a look at:
TruTrip is one of the most popular leading corporate travel management companies in Singapore. Founded in 2019 in Singapore, it offers an integrated and extremely user-friendly travel management system that allows business travellers to choose from a wide range of flight, hotel, car rental, and workplace booking options while giving travel managers great flexibility in customizing policies for individuals or teams, track their trips, monitor safety issues in each destination and obtain detail insights and reports on the company’s overall travel management activity to detect areas of potential improvement.
TruTrip’s benchmarking across competitors in their home markets, Indonesia, Singapore, Australia and Malaysia has marked them to have the cheapest rates in the region. With 6% cheaper for flights and 9% cheaper for hotels in Singapore to home markets and vice versa. Having the lowest rates in APAC marks them as one of the leading travel management companies today.
TruTrip also offers a very handy concierge feature, meaning the platform’s users can delegate the booking process to TruTrip’s staff when self-service tools don’t provide satisfactory results.
Starting price: free basic plan available
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Headquartered in the US but also available in Singapore, Egencia has been offering travellers, businesses, and suppliers a seamless experience for over 20 years. It provides a variety of services to ensure business travellers have an effortless experience when planning the trip and while on the road. Its services include booking flights, hotels, cars, and other travel-related products, as well as managing expenses and analyzing data to identify cost savings opportunities.
The Egencia platform also features user-friendly tools such as an intuitive trip planner and custom reports, making it easier for business travellers to plan and track their trips.
Starting price: request pricing
This travel management company in Singapore offers a wide range of services, from corporate travel planning and booking to expense management to risk mitigation. BCD Travel is available in over 160 countries, including Singapore. Its services are designed to help companies save money while ensuring their travellers stay safe and productive.
The company provides access to exclusive deals on flights, hotels, and car rentals, as well as 24/7 customer service for any issues that may arise during a trip. BCD can help you arrange entry formalities (e.g., VISAs) and adjust its booking process to your preferred suppliers and loyalty programs. Additionally, BCD Travel’s TripSource app allows travellers to book flights and manage their itineraries on the go easily.
FCM Travel is one of the world’s leading corporate travel management companies in Singapore, with offices in the country too. Among the key features of FCM Travel, we find its travel booking system, which makes every step of the traveller’s journey simple, its travel and expense management tools, its tailored business accommodation solutions, and its specialized meetings and events services. Through FCM Travel, you will enjoy a streamlined booking process, easy approval mechanisms, advanced risk tracking, optimized cost management, and insightful reporting.
Global Travel is another TMC available in Singapore. It offers very competitive prices for its services, which include easy-to-use tools to book flights, hotels, car rentals, and even cruises. Global Travel also provides exclusive deals on airfare and hotel packages, as well as 24/7 customer service support for any questions or concerns customers may have while travelling.
Starting price: $59 / month
Next on our list of travel management companies in Singapore is Travel Perk. This global company is also available in Singapore. Its clients also include major companies such as WWF, Grammarly and Revolut. Its services range from online booking tools to tools for managing travel budgets and creating customized business travel policies.
Additionally, it offers a virtual assistant app that allows users to book trips on the go with just their voice. TravelPerk provides high flexibility when changing previously booked trips and allows users to get at least 80% of their money back when cancelling them. It also offers real-life safety updates before and during each trip.
Available in Singapore and many other countries around the world, Travel Stop is a global travel management company that assists businesses and individual travellers in planning, booking and managing their trips. It features a world-class inventory of airlines and hotels, integrated workflows that allow users to obtain significant savings, safety advice for each destination, and easy-to-use tools for receipt scanning and expense policy setting.
Plover is another Singapore-based travel management company that offers an intuitive business travel platform packed with all the functions and features needed in a comprehensive corporate travel program. It seamlessly integrates online booking solutions, updated travel advice, expense management tools, policy compliance control instruments and advanced data analytics and reporting functions. It also includes advanced features for fraud detection and a very easy-to-use app that business travellers can use on the go.
Starting price: free plan available
Established in 1988, Corporate Travel Services Pte Ltd (CoTS) is one of Singapore’s leading corporate travel and meetings management companies. With a clientele base of over 4,500 corporations in various industries, CoTS provides comprehensive services related to corporate and leisure travel. In addition to a comprehensive online booking solution, an advanced reports system and duty of care functions, CoTS also offer TripPAL, a mobile personal assistant that provides support for most of the platform’s services.
Corporate Travel Management (CTM) offers an efficient platform that allows businesses to simplify the process of planning and managing their staff’s travel expenses. The platform’s provider is a global company headquartered in the US and with operations in Singapore too. CTM consolidates decision-making and streamlines records, eliminating the need for workers to contact individual agents or file paper receipts.
Instead, users can use CTM software to book trips, automatically report expenditures and get reimbursed by managers or accountants. CTM also offers a number of features like a policy approval and management system, a self-booking tool, a worldwide supplier inventory and reporting of travel expenses. It also comes with tools for profiling business travellers, which helps users gain valuable insights into the trip’s data.
In this extremely competitive environment, the need for cost-cutting, efficiency-boosting tools that support your business decision-making is more crucial than ever. Travel management companies in Singapore offer integrated platforms that allow businesses and organizations to centralize all aspects of corporate travel management in one place and can flexibly assist different business travel partners in their operations and strategic tasks. Book a demo or sign up for a free trial with TrupTrip to experience how these tools can elevate your travel management experience to the next level.
TruTrip streamlines booking, management, and reporting for hassle-free business trips.