AI-based Engine for optimizing Effective Business Travel Policies
The area where most companies focus on to optimize their travel spend is to squeeze the suppliers - by getting better deals from suppliers, by channeling their demand to fewer suppliers thereby getting better discounts, etc. But as the saying goes, it is sometimes better to focus inwards rather than outwards - the company could get better results by analyzing how their own employees are making travel choices, how often they comply with policies and how effective the policies are.
This in-depth inward looking intelligence is provided by our Travel Policy Wizard value added module. By using this module, one can get a clear picture of how their policy should be tweaked, how employees need to be “encouraged” to comply with the policies.