Data is at the heart of all travel risk management (TRM) initiatives, and effective management and acquisition of that data are key to a TRM program’s success.
That said, identifying, collecting, storing, accessing and maintaining the data required to monitor and manage a TRM program is a significant undertaking for businesses of all sizes.
This white paper explores the many compelling reasons why travel decision-makers need to develop, or enhance, their corporate travel risk management initiatives.
Simply put, travel risk management (TRM) encompasses the policies and course of action companies implement that flow from their duty of care — that is, the legal and moral obligations they have to take responsibility for the safety of their travelers.