Corporate Travel Management (CTM) refers to the strategic planning, execution, and oversight of a company’s travel-related activities. It is an essential function in modern businesses that frequently send employees on domestic or international trips for meetings, conferences, training, or other business purposes. The main objective of CTM is to manage travel in a cost-effective, efficient, and policy-compliant manner while ensuring the safety and satisfaction of business travelers. A well-structured corporate travel management system covers all aspects of business travel. This includes booking flights, hotels, and transportation, managing travel expenses, and ensuring that employees adhere to the company’s travel policies. Travel policies often outline permissible expenses, preferred vendors, booking procedures, and safety protocols. By enforcing these guidelines, companies can control travel costs, ensure consistency, and minimize unnecessary spending. One of the key benefits of CTM is cost savings. Through negotiated contracts with airlines, hotels, and travel agencies, companies can secure better rates and deals. Additionally, using centralized booking platforms or travel management companies (TMCs) helps reduce administrative burdens and streamline the booking and approval process. These platforms often come with tools for tracking and analyzing travel data, which helps businesses make informed decisions and optimize their travel budgets.