Customise your commute program to address your employees travel needs
If time is money, then wasted time is wasted money. The kind of time-wasting activities we’re talking about here are explicit work-related activities that you don’t even realise are costing your business money. We’re talking about mundane admin tasks which add no value — the bane of every company.
A report by the Global Business Travel Association found that a manual process has multiple inefficiencies. For example, completing an expense report takes an average of 20 minutes. Think of all the employees in your company that need to file a report and start multiplying. It becomes a significant number of man hours.
The average cost to process each report? INR 4200!
And what’s more, almost 20% of all reports filed will have some kind of error. Correcting a report takes an average of 18 more minutes and costs an average of INR 3800. They say you have to spend money to make money, but these costs are completely avoidable.
Rapido Corporate portal is a powerful tool. The receipts are all digital now. No more manual processes. The online portal allows companies to digitize corporate transport. Admins can manage employees and payments, set policies, and get reports on all trip details.
LET RAPIDO CORPORATE HELP YOU AUTOMATE ADMIN TASKS
Rapido Corporate was designed to help business owners like you automate as much of these mundane admin tasks as possible, so your employees can focus on producing real value for your customers.
Here are few ways Rapido Corporate can help your business:
COST SAVINGS WITH RAPIDO CORPORATE
Assuming a company in India spends about INR 2,000,000 on 10,000 trips a month. And say there are 500 employees, about half of whom claim travel expenses.
If this company switches from internally processing their claims to the Rapido Corporate portal, it will save approximately 60,000 hours a year — just in processing time. At an average hourly labour cost across the region, that is INR 10,800,000 savings.
Not only this, feedback from our existing clients report a 25%+ boost in productivity, which essentially saves an average company INR 21,600,000 and the rates of a Rapido ride is almost 30% less than that of cabs, this saves the company an additional INR 6,00,000.
So just by switching to Rapido Corporate, an average company in India can save a total of INR 33,000,000. Not bad.
Say goodbye to long processing times, hidden costs and all-around inefficiencies. The Rapido Corporate portal can be your one-stop solution to streamlining operations, freeing up time that can be put towards much more productive means. It really doesn’t have to cost that much money to make money after all.
When your employees travel for work, do they find your company’s travel program more of a help or a hindrance? If it’s the latter, it’s time you considered some adjustments that can make a significant impact. In this post, we’ll look at four hallmarks of business travel programs that can work for both your control, while also respecting the long hours, rushed pace, and often challenging life of your business travelers. 1: Remove friction Your travel program may look effective from your side of
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We built Rapido Corporate [https://rapido.bike/CorporatePartners?utm_source=ownwebsite&utm_medium=blog&utm_campaign=article] to help organisations perfect the way they move the people that matter to them. And while our initial focus was on driving business travel efficiency through features like monthly billing and reporting, it didn’t take long before we realised that organisations needed Rapido for a lot more. Whether it’s helping employees stay safe when leaving the office at night, offering