What (and how) should I budget for 2021? 2020 has had a huge impact on so many areas, and finance has not been immune to it. Businesses of all sizes have had immense pressure to continually reforecast budgets with each major announcement made as a result of COVID-19.
According to our recent State of the Market 2020 Report, up to 25%* of our Kiwi customers have experienced significant financial impact as a result of COVID-19 with Travel and Expense as the number one cost item to be dialled back. Our Report suggests that NZ businesses are looking at reducing their travel spend on average by 15%* in 2021.
As a TMC, we’re always looking for ways to add value to our customer’s travel programmes, so we’ve put together a few tips to help you maximise your travel in this current COVID world, when NZ borders are closed but domestic travel is open.
