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Transform Your Air Travel Procurement with end to end AI

Discover savings and streamline your air program management with AI-driven analytics.

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A battle for influence over your travelers' choices is underway. Airlines are eager to dominate all facets of your traveler’s activities, both business and leisure. As NDC and direct booking become more prevalent, airlines are increasingly seeking deeper, more holistic relationships with their customers.

Imagine having full, comprehensive knowledge of your travelers' activities, including when they do not use the program, the ancillaries they buy, and forecasting their preferences. You would have the tools to confidently strike the right deal with your carriers. Now, with Air Sourcing Navigator, you can.

PredictX’s Air Sourcing Navigator goes beyond basic BI dashboards to deliver actionable insights. Leveraging cutting-edge AI technology, Navigator integrates booking data with contract details for immediate performance analysis. This enhances negotiations and ensures you capitalize on every cost-saving opportunity in your air travel procurement process.

Navigator also uses AI-based learning from both your program and others to provide customized savings suggestions based on your data and the wider market.

Key Features:

One stop shop

Every supplier in one place, with the ability to compare and filter for specific data points, and save these customized configurations with a single click.
AI-powered savings suggestions  

AI technology will present tailor-made suggestions on where you will save the most money each month based on regular data analysis.
Benchmarking

Compare your spend against similar-sized companies by route, carrier, class, etc.
Travel trend insights

Get real-time insights into major travel trends through continuous data analysis.

Key Benefits:

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Comprehensive Program Management: Manage every aspect of your air program from automated proposal evaluation to contract lifecycle management and market management.

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AI-Powered Insights: Receive monthly tailor-made savings suggestions based on continuous data analysis.

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Benchmarking Excellence: Compare your spend against similar-sized companies by route, carrier, class, etc., to stay ahead of the competition. Across all major TMCs not just your current TMC.

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Real-Time Travel Trends: Get real-time insights into major travel trends through continuous data analysis.

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Automated Contract Management: Ensure transactions are consistent with contract terms and identify opportunities for savings by shifting market share and bringing new routes under contract.

How it works:

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AI-powered trend analysis:

We use artificial intelligence to constantly analyze your travel data and understand trends to suggest potential savings. Based on feedback these suggestions are tailored so that you always receive the most relevant insights.
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Natural language explanation through LLM:

We utilize the power of LLMs to contextualize data heavy information into easily digestible natural language
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What-if savings slider:

We use data science to distill complex information into single savings figures. The driving factors behind these opportunities can be adjusted with the savings figure automatically updating based on equivalent metric
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Powerful data comparison:

We provide deep dive insights across your entire program to provide real impact insight, performance vs goals and budgets, model equivalencies and offsets applicable to your business, and generate forecasted emissions based on current activity for effective planning.

FAQs

Frequently Asked Questions About AI-Powered Air Contract Management

What is AI-powered air contract management, and how can it help my corporate travel program?

AI-powered air contract management is a solution that leverages artificial intelligence to streamline air program management. It integrates booking data with contract details, providing actionable insights to optimize performance, reduce costs, and enhance negotiation strategies with airline suppliers.

What are the key features of an AI-powered air contract management solution?

Key features enabled by the ingestion and analysis of airline contracts and JV agreements include:

Centralized access to all airline suppliers and contracts
Real-time performance analysis of contracts
Customized savings suggestions based on data insights
Benchmarking capabilities against market standards
Travel trend insights for informed decision-making

How does AI enhance negotiations for air travel procurement?

AI-driven analytics provide detailed insights into booking patterns, traveler behavior, and contract performance. These insights empower companies to negotiate better deals with airlines by identifying cost-saving opportunities and ensuring contracts align with actual travel needs.

What benchmarking capabilities do AI-powered air contract management solutions offer?

These solutions allow you to compare your air travel spend against industry benchmarks. You can analyze data by route, carrier, class of service, fare basis codes and more to identify areas for improvement and ensure competitive pricing.

How do AI-powered solutions provide travel trend insights?

AI continuously analyzes real-time data to identify major travel trends. This includes changes in demand, pricing fluctuations, and shifts in traveler behavior (such as those caused by NDC inventory), advance booking analysis, on and off-channel purchases helping businesses adapt their strategies accordingly.

How does AI deliver customized savings suggestions for airline contract negitiation?

AI uses machine learning to analyze historical data, current booking trends, and market conditions. Based on this analysis, it provides tailored recommendations on where and how companies can save money on their air travel programs.

What types of data can be compared and filtered in an AI-powered air contract management solution?

These solutions allow users to compare and filter data points such as routes, carriers, classes of service, ticket prices, and traveler preferences. Custom configurations can be saved for quick access to relevant insights.

How do these solutions address airline influence over traveler choices?

AI-powered tools provide full visibility into traveler behavior, including bookings made outside of preferred programs and ancillary purchases. This information helps organizations negotiate better deals with airlines and ensure compliance with corporate travel policies.

How can I get started with an AI-powered air contract management solution?

To get started, reach out to a provider specializing in AI-driven travel management solutions. Schedule a demo or consultation to explore how the technology can meet your specific needs and improve your air program.

What are the benefits of centralizing all airline suppliers in one platform?

Centralizing all airline suppliers in one platform creates a single source of truth for your air travel program. This simplifies the process of comparing contracts, analyzing performance, and identifying opportunities for cost savings across all carriers.

Ready to unlock the potential of your travel data ?