The State of Corporate Travel and Expense 2022 20 SKIFT + TRIPACTIONS Agree or disagree: “I would prefer to pay for work travel expenses with a company credit card.” Agree or disagree: “We would prefer our employ - ees pay for work travel expenses with a company credit card.” Strongly agree Somewhat agree Neither agree or disagree Somewhat disagree Strongly disagree Strongly agree Somewhat agree Neither agree or disagree Somewhat disagree Strongly disagree Business Travelers Corporate Travel Decision Makers Barker, for one, is on board with this solution. “TripActions has also expedited the spend management process by offering on-demand virtual credit cards for business expenses,” he said. “Say an employee is traveling to a conference. We set the amount for the given airfare and other expenses, send them the card, and off they go. It’s instantly trackable at the employee level. I regularly use this solution to purchase equipment. It’s a major improvement over issuing and managing traditional corporate cards. The process is easy and straightforward, with little paperwork to provide. TripActions really thought this solution through.” Additional advantages include tie-ins to existing loyalty reward programs and purchasing incentives. “Our employees can link their airline, hotel, and other reward programs to the virtual card and earn credit,” said Barker. “Another reason we went with TripActions Liquid is getting one percent back on all of our spend, with no limit. Whether we spend five dollars or a million dollars, it’s one percent back. That’s a big driver for us.” Barker also commends TripActions for f iguring out how to incentivize travelers to make smarter purchasing decisions. “By offering Amazon gift cards as a reward, we can push our users to book certain flights or hotels and not overspend,” he said. “TripActions is not helping us def ine spend management policy, but shape spending behavior that we like.” 16% 22% 50% 34% 21% 35% 8% 6% 5% 3%