Business Travel Glossary

Cabin Class Compliance is a policy that states which the highest permitted air travel class employees may book when traveling on company business.

An airline RFP, or Request for Proposal, is a formal request for tender by a company to a selection of airlines on one or more routes seeking negotiated, reduced, and exclusive fares.

An ERP is an Enterprise Resource Planning tool that enables stakeholders to record, manage and forecast resources for an organization effectively. A Business Travel ERP is a similar platform but incorporates corporate travel data.

Airfare price tracking scans ticket prices for net reductions in price for flights that have already been booked. It looks for price drops so that the ticket can be canceled and rebooked at a lower price.

A corporate travel policy is a set of rules and procedures that govern how employees search, book and gain approval while traveling on behalf of the company.

Travel disruption is a term that covers one or a chain of events that impact your travel plans.