Corporate TravelFCM launches fee-free, travel management programme for smaller businesses, first in Singapore then to Malaysia and Hong Kong.

SMEs, here's how you can travel more, spend less

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FCM is offering SMEs cost-effective rates and full travel management services inclusive of technology support at no fees.
FCM is offering SMEs cost-effective rates and full travel management services inclusive of technology support at no fees. Photo Credit: Gettyimages/dima_sidelnikov

FCM has launched a fee-free, travel management programme for Singapore-based start-ups to mid-sized companies, allowing businesses to travel more yet spend less.

This means SMEs can tap on the travel management company's services, which include flight and hotel bookings; 24/7 expert agent support; monthly reporting; duty of care via Safety and Risk functions through FCM’s mobile technology to account for the well-being and location of every traveller; and online booking capabilities.

Businesses can also receive FCM's support for systems and technology implementation at no cost, completed within two weeks.

“Often, these companies have similar business travel needs as MNCs and large national companies but are held back by greater budgetary considerations. They also have less negotiating power for group deals with suppliers as compared to large organisations," said Henry Jones, Director of Marketing who is also leading the SME Travel division in Asia.

Research done by the TMC revealed that after Singapore reopened its borders and launched Vaccinated Travel Lanes since early October, more than 60% of local SME clients booked trips — compared to 34% during the pandemic in 2020.

Added Jones, "This is our way of supporting them – providing cost-effective rates and full travel management services inclusive of technology support at no fees".

Eligibility criteria include businesses which do not have international offices, spend between US$100,000 and US$800,000 on travel in a given year, and those which do not have sufficient travel spend on routes and destinations to negotiate with suppliers for competitive rates.

FCM is launching the initiative first in Singapore, then to Malaysia and Hong Kong when they re-open for international travel on a greater scale in 2022.

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