Travel managers today primarily rely on monthly access to agency booking data for reporting. This limited data has gaps, duplications, and takes weeks to be ready. Over 35% of air, hotel, ground transportation and rail spend is arranged outside of agency systems. Building a complete total cost of program requires accurate data from multiple sources.
Expense managers struggle with analysing manual reports from employees that are fraught with human error and missing information. Added to this, they are, in many cases, not delivered on time and involve a manual approval process with more than one stakeholder. What if there was an easy way to automate this for more accurate expense management?
Meetings and events management is a large area of expenditure for businesses. However, the data required to manage this spend category is frequently siloed away in meetings systems – even though expenses for meetings often pop up in travel and expense reporting. If your company wants to achieve Strategic Meetings Management, meetings data needs to be shared and analyzed alongside parallel business processes.
Move your team from data manipulators and report creators to action-oriented decision makers enabled by accurate and timely analysis. Engage business leaders in the travel, expense and meetings conversation with easy-to-read and business-specific dashboards.
The Predict.X software platform combines travel, expense, card and meetings data and through predictive analytics provides travel and expense managers with opportunities to control cost and optimise employee travel programs.
Build connections between silos, remedy inaccuracies in data and automate both repetitive activities as well as distribution of key information
Combine data and provide real-time visibility of spend, approvals and risk
Apply decision automation to eliminate repetitive tasks
Leverage ML and predictive analytics to enhance travel insights
Instantly see the total program cost by multiple verticals
Global Travel Expense and Meetings Manager, Mondelez
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