American Express Global Business Travel has launched a data visualisation tool, Premier Insights, for streamlining travel management.
The new tool integrates American Express® Corporate Cards and travel booking data into a single platform.
Historically, aggregating booking and spend data has posed challenges for travel managers and GBT says multiple reporting platforms can make it difficult to break down programme performance data and recommend areas to prioritise.
“Intelligent travel programme management is only possible when companies and their travel managers understand how their employees consume travel and the financial impact of their usage,” says GBT chief global sales officer, Christine Ourmières-Widener, who explains that Premier Insights centralises everything that can impact the efficiency of a travel programme. “As a result, travel managers can engage in smarter decision-making, drive programme efficiencies and achieve cost savings.”
Christophe Tcheng, vice-president, core products and platform architecture at GBT, adds that the solution was built from the ground up using big data and predictive analytics. He says the new tool allows travel managers to assess programme leakage (areas where travellers book outside their company’s policy) and determine potential savings by increasing or decreasing certain behaviours.
He adds that by using the tool’s capabilities and sliding scales, travel managers can experiment with different scenarios before policy changes and decisions are made, to discover new ways to save and assess their performance compared to other companies with similar travel volumes.
Premier Insights is currently available in 20 countries across North America, Europe, the Middle East, Africa and Asia-Pacific and GBT expects the tool to integrate other corporate card types and booking data into the platform later this year.