Mastercard has added a new consulting service for travel managers and decision-makers, focusing in particular on helping companies grapple with new hybrid work environments and a bigger focus on sustainability.
Mastercard T&E Consulting Services consists of five offerings, including reviewing and advising on a company’s policies and procedures, strategies to optimize a T&E program, helping a company meet sustainability goals with their program, assessing supplier performance and assisting with T&E program implementation, according to Mastercard. The service will come internally from Mastercard, from the payment company’s advisory consultants, according to a Mastercard spokesperson.
Mastercard added the service follow a study earlier this year of more than 500 travel decision-makers, in which 86 percent said they were facing challenges related to new hybrid work environments, and 89 percent said they need more dynamic T&E policies to prepare for the future of business travel, according to the company.
