Egencia hopes to spur online growth in China

The opening of a Shanghai office by Egencia follows a trend of international expansion among US–based Internet travel management providers.

But what is unusual about Egencia’s move is its entrance into a market with such a low adoption rate for corporate travel management technology.

Chinese companies still have a strong preference for paper-based travel management, according to a recent PhoCusWright report, “Corporate Travel management and Travel Practices in China,” which cites the limited use of IT systems management as the top current corporate travel trend in China. More than three in four companies interviewed for the study still use paper forms and a manual process for travel expense reporting.