Carlson Wagonlit Travel‚Äôs (CWT) Solutions Group has introduced four new proprietary products to help corporate travel managers cut costs and engage their travellers in new ways.
The new products help companies reduce non-compliant spending, reclaim surcharges on corporate car rentals, analyse traveller data and provide ground transportation options.
According to CWT research, travel managers don‚Äôt have visibility over nearly a third of a company‚Äôs travel and expense (T&E) spend because it isn‚Äôt consolidated in a single data set. With the new solution, CWT hopes to give them better control of expense management.
Christophe Renard, vice president of CWT Solutions Group Worldwide explained: ‚ÄúOur T&E platform automatically consolidates all data sources, including from the travel management company, from credit card spend, and third party suppliers. We use that information to provide an immediate view of all non-compliant spending.
‚ÄúWe can also reconstruct the total cost of each trip. Travel managers can then have an accurate view of all spending, compliant and non-compliant, enabling them to adjust their policy as necessary, or make sure it is better communicated internally.‚ÄĚ
He continued: ‚ÄúOur new traveller segmentation platform segments travellers‚Äô behaviour using key data including demographics, seniority and travel frequency information. It means travel managers can tailor their communication to each traveller, encouraging those travellers to comply with the policy. The end result is greater savings and a reduced overall travel spend.‚ÄĚ
And on helping corporates save on car rental surcharge, Renard said CWT Solutions Group ‚Äúshares the recovered costs‚ÄĚ with clients and gives them ‚Äúthe bulk of the savings‚ÄĚ.
CWT‚Äôs new solution also gives travel managers the means to guide their travellers to the most appropriate form of transport.