A well-defined travel policy sets clear guidelines for business travel, ensuring cost control, compliance, and employee safety. It outlines booking procedures, reimbursement policies, preferred vendors, and expense limits while addressing accommodation, transportation, and meal allowances. A good policy balances cost efficiency with employee comfort, ensuring smooth travel experiences. It should also include protocols for travel approvals, expense reporting, and emergency situations. By implementing a structured travel policy, organizations can streamline travel management, reduce unnecessary expenses, and maintain transparency in corporate travel expenditures. A comprehensive travel policy helps businesses enhance productivity while ensuring employees travel safely and efficiently.