A Corporate Travel Policy is a set of guidelines that organizations create to manage employee travel for business purposes. This policy outlines the procedures for booking travel, including transportation, accommodation, and meal allowances. It aims to ensure that travel is conducted efficiently and cost-effectively while maintaining employee safety and comfort. The policy typically includes rules regarding travel approvals, preferred vendors, and reimbursement processes. By establishing clear expectations, a corporate travel policy helps to control expenses and streamline travel arrangements, making it easier for employees to comply with company standards while traveling for work.