Corporate booking is the practice of using online booking software, known as a corporate booking tool (CBT), to book travel and accommodation for business trips. A CBT simplifies the entire corporate travel and accommodation booking process, and it is used by firms to manage their employees’ bookings, ensure policy compliance, and help with duty of care. The travel manager configures the tool based on the companys expense policies and loads the preferred vendors and rates. Once this is done, employees can use the booking tool to browse through various options for their travel and accommodation and pick the options they want. After paying for the trip, the employee receives a booking confirmation from the CBT, and the travel manager or administrator can track them for duty-of-care purposes.

Corporate booking tools offer several benefits to enterprises, including increased policy compliance, cost savings, and a better travel booking experience for employees. By using a CBT, companies can implement their corporate travel policy, automate and configure the system with the travel policies of the firm that employees need to follow while booking, and save money by booking directly with vendors. A centralized tool also allows the travel team to meet its duty of care, and the finance team is guaranteed better control over spend.

It is worth noting that the term "corporate booking" can also refer to a booking made by a company for its corporate events, where a service provider is hired to transport the clients corporate guests.