News/Global Business Travel Association

Virtual Assistants Are Helping Corporate Travel Management Companies Reclaim Efficiency

Virtual Assistant News Desk·

Corporate travel spending in the United States surpassed $334 billion in 2024, according to the Global Business Travel Association (GBTA), and is forecast to reach $420 billion by 2027. For travel management companies (TMCs) that process the bookings, manage policy compliance, and support travelers in the field, that volume creates enormous operational pressure. Clients expect real-time responsiveness and cost transparency; airlines and hotels demand accurate data; and corporate travel managers need detailed reporting on spend, trends, and exceptions—all simultaneously.

Virtual assistants are helping TMCs meet these expectations without proportionally expanding their workforce.

High-Volume Booking Support and Queue Management

The backbone of any TMC operation is booking throughput. During peak periods—Q1 budget cycles, major industry conferences, earnings season—booking volumes can surge by 40–60% above baseline within days. Staffing permanently for peak demand is financially impractical, yet being understaffed during a surge means delayed responses, booking errors, and erosion of the client relationship.

Virtual assistants absorb this variable load. They handle booking confirmations, itinerary changes, hotel sourcing for non-contracted properties, ground transportation coordination, and traveler notifications. A 2024 Phocuswire survey found that TMCs using flexible staffing models—including VAs—reported 22% faster average booking turnaround times compared to firms relying solely on in-house teams. VAs working across time zones also extend effective operating hours, critical for companies with globally distributed travelers.

Travel Policy Compliance Checks

Policy compliance is both a priority and a pain point for corporate travel. GBTA research indicates that non-compliant bookings inflate managed travel programs by an average of 17% annually. VAs can be trained to run pre-booking policy screens—flagging out-of-policy fares, unapproved hotels, or missing approvals before tickets are issued—reducing exception volume and simplifying the reconciliation process for finance teams.

Beyond initial booking checks, VAs support the ongoing compliance workflow: documenting exceptions, preparing variance reports for monthly client reviews, and tracking travelers who are chronic exception-generators for escalation to account managers.

Expense Support and Reconciliation Assistance

One of the most labor-intensive post-trip workflows in corporate travel is expense reconciliation. Travelers submit receipts late, categorize expenses incorrectly, and miss reimbursement deadlines—all of which create downstream work for TMC client services teams. VAs help by reminding travelers of submission deadlines, assisting with expense report preparation, cross-referencing receipts against booked itineraries, and flagging discrepancies before they reach the approval queue.

According to the Association of Corporate Travel Executives (ACTE), companies that use dedicated support resources for expense workflows reduce reconciliation cycle times by an average of 31%. For TMCs managing dozens of corporate accounts, aggregating those savings represents a significant competitive advantage.

Client Reporting and Account Management Support

Monthly and quarterly business reviews are central to client retention in the TMC world. Preparing spend dashboards, savings capture reports, and traveler satisfaction summaries is time-consuming work that often falls to senior account managers—keeping them occupied with data assembly rather than strategic advisory conversations.

VAs take over the data gathering, formatting, and report templating, allowing account managers to walk into client meetings with fully prepared materials and spend their time on analysis and recommendations rather than spreadsheet work. TMCs looking for experienced VA talent with a background in business operations can find vetted candidates at Stealth Agents, which provides pre-screened professionals who can be onboarded to TMC workflows quickly.

As corporate travel volume continues to climb, the TMCs that build scalable support infrastructure now will be better positioned to win and retain enterprise accounts in an increasingly competitive market.

Sources

  • Global Business Travel Association (GBTA), 2024 Business Travel Forecast, 2024
  • Phocuswire, TMC Operations Benchmark Survey, 2024
  • Association of Corporate Travel Executives (ACTE), Expense Management Efficiency Report, 2023