Cost sits comfortably near the top of almost every procurement department’s priority list when it comes to bringing on board a new supplier and so weighing up potential suppliers based on their fees should give you a useful guide as to who’ll get your contract…
…But is it really that simple when it comes to procuring a new TMC?
Understanding transaction fees and how they relate to your overall spend is a crucial element in selecting a TMC, but the topic itself can feel like somewhat of a minefield. Here’s a short guide to accurately assessing the fees put forth by TMCs and deciding which are best for your organisation:
You can catch up on our business travel video series here.