A Catering Firm Needed to Manage Costs and See More Value

Travel management companies need to know how to negotiate great rates and improve compliance can help you realize significant savings
‘We need to find ways to reduce our travel spend and improve booking compliance.’
The challenge
The executive team at a large catering firm with a multimillion dollar travel budget determined that they were spending too much on travel. Travellers were not booking within the company’s stated travel policy, which resulted in increased expenses and prevented them from fully capitalizing on savings opportunities.
The strategy
The executive team at a large catering firm with a multimillion dollar travel budget determined that they were spending too much on travel. Travellers were not booking within the company’s stated travel policy, which resulted in increased expenses and prevented them from fully capitalizing on savings opportunities.
The result
Global Solutions delivered a robust corporate travel program that included an online portal, assistance with compliance, delivery of strategic management information and associated analysis, and a revised travel vendor program. This resulted in a 10% savings over the first year and a 80% adoption rate for online bookings.