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Travel Analytics 

The starting point to co-create travel solutions unique to your organization would be to understand your current travel expenditure – in detail. This forms the rational framework in your travel buying and management decision-making. We have seen how often data is used to draw the wrong inferences and overemphasize correlations that may have little or no bearing.

 

Add to this the challenge that not many buyers are empowered to understand their travel data in the way it’s generally presented and therefore unable to use it as an accurate benchmark for strategic decision making and the development of cost savings initiatives. The reality is that the data needed for insightful travel analytics is almost always available and together with our strategic analytics partner we are uniquely positioned to access and organize your data in a meaningful way

Data Analytics

Goals & Objectives

Saving Opportunities

First, it’s good to show key stakeholders what information exists and the power that it
holds in addition to a detailed data analysis that can help you identify gaps in your  information and where you need to start capturing additional data.

It’s always helpful to start with the end in mind and depending on what your goals and
objectives are, it should drive your travel analytics strategy.


Finding potential savings does two things. First, you’re able to benchmark your travel spend against competitors. And, second, the potential for savings is a great way to make a business case

to key executives.

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We know the procurement function is reliant on reporting to assess accurate spend, identify opportunities and, highlight trends. By diving deeper into your data, we can show you a reimagined world of reporting which will change how you source, contract and manage your travel expense category. We have experience in formulating robust and realistic savings strategies for large organisations that yielded up to 10% in travel savings – which can be measured and reported on.

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