What is a dynamic travel policy?
Traditional travel policies are usually a static set of guidelines that mandate acceptable and unacceptable bookings. Whereas a dynamic business travel policy will adapt to the booking options available.
Take, for example, rail tickets. A traditional policy dictates that a rail ticket be standard class. Instead a dynamic travel policy would say that the ticket must be within X% of the cheapest option.
Travellers who frequently find themselves away from home greatly appreciate this flexibility. It is a vital component of a harmonious, ‘give and take’ culture.