About Travel and Entertainment Cards Market
Travel and entertainment cards refer to the charge cards availed by organizations from banking institutions or merchant services for their employees. These cards can be used to pay hotel bills, airline tickets, car rentals, fuel, and other business-related expenses or to withdraw cash from ATMs or banks while the employees are on official visits. The spend momentum of this market will be attributed to the recent increase in the frequency of business travel which is again attributed to the rapid globalization of businesses, interconnectivity between the facilities operating in different regions, and the emergence of SMEs globally.
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global Travel and Entertainment Cards Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
Global Travel and Entertainment Cards Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
Category driver
Category management strategy
Procurement best practices
Key questions answered in this report
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Travel and entertainment cards refer to the charge cards availed by organizations from banking institutions or merchant services for their employees. These cards can be used to pay hotel bills, airline tickets, car rentals, fuel, and other business-related expenses or to withdraw cash from ATMs or banks while the employees are on official visits. The spend momentum of this market will be attributed to the recent increase in the frequency of business travel which is again attributed to the rapid globalization of businesses, interconnectivity between the facilities operating in different regions, and the emergence of SMEs globally.
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global Travel and Entertainment Cards Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
Global Travel and Entertainment Cards Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
Category driver
- Increase in the meeting and events expenses
Category management strategy
- Evaluate service providers for adherence to SLA terms
Procurement best practices
- Compare service providers for value-added services offered
Key questions answered in this report
- What are the market dynamics?
- What are the key market trends?
- What are the category growth drivers?
- What are the constraints on category growth?
- Who are the suppliers in this market?
- What are the demand-supply shifts?
- What are the major category requirements?
- What are the procurement best practices in this market?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Table of Contents
PART 01: EXECUTIVE SUMMARY
PART 02: MARKET INSIGHTS
PART 03: CATEGORY PRICING INSIGHTS
PART 04: COST-SAVING OPPORTUNITIES
PART 05: BEST PRACTICES
PART 06: CATEGORY ECOSYSTEM
PART 07: CATEGORY MANAGEMENT STRATEGY
PART 08: CATEGORY MANAGEMENT ENABLERS
PART 09: SUPPLIERS SELECTION
PART 10: SUPPLIERS UNDER COVERAGE
PART 11: US MARKET INSIGHTS
PART 12: CATEGORY DEFINITION
PART 13: APPENDIX
Companies Mentioned
- Wells Fargo & Co
- American Express Banking Corp
- BNP Paribas SA
- JPMorgan Chase & Co
- HSBC Holdings Plc
- Bank of America Corp
Methodology
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