PLYMOUTH, Minn., March 23, 2017 /PRNewswire/ -- Today, Travel Leaders Corporate officially announced its "Traveler Scorecard." Based on 15 proprietary attributes, the Traveler Scorecard provides the ability to assign an easy numerical grade to each individual business traveler based on their travel habits and potential savings opportunities, over a period of time. The Traveler Scorecard can then summarize those individual traveler scores by business unit, division, department, and any other attributes important for top-down visibility. By grading and ranking travel behaviors, companies have greater insights into travel policy compliance and can clearly identify opportunities for increased efficiencies that can drive potential cost-savings.
"Through Travel Leader Corporate's Consulting & Analytics offering, we quickly realized that many corporate clients strongly desire expertise in interpreting data on their business travelers' habits. They have also expressed the need to more easily assist their employees in adhering to the organization's corporate travel policy," said Gabe Rizzi, President of Travel Leaders Corporate. "Our Traveler Scorecard gives both the procurement and compliance departments the means to identify gaps in employees' travel choices compared to a company's policy and potential opportunities to save money on their travel spend."
Travel Leaders Corporate's Traveler Scorecard uses a proprietary formula to rank each business traveler on a scale from 0 to 100 total points. Based on the savings potential surrounding the 15 behavioral attributes, Travel Leaders Corporate's consultants use the assigned "grade" to make recommendations for how the company can effect behavioral change and consider options to incentivize employees to more closely adhere to the corporate travel policy when booking their travel.
According to Rizzi, one example would be advanced purchase for air travel, which has the potential for making a major difference in costs, as there is frequently a considerable price gap between buying a plane ticket a week ahead of a trip versus a month ahead. The Traveler Scorecard may assign a lower grade to individuals who regularly purchase airline tickets close to their travel dates. The information is then provided to corporate clients along with solutions offered to increase the travelers' compliance.
"Our clients don't just want data, they want a partner who can actively assist them in moving the needle on changing employee behavior. In addition to our Duty of Care responsibilities, our client partnerships are equally focused on investment and savings strategies," added Rizzi. "To be able to combine business travel data with sophisticated behavioral analytics is something that's highly valued and not widely available. From many streams of data, Travel Leaders Corporate creates an easy-to-understand, proprietary Traveler Scorecard."
Travel Leaders Corporate's Consulting & Analytics team follows a custom process based on each client's individual needs:
- Data Integration: Integrating clients' travel expenses, credit cards, agencies, and other systems into Travel Leaders Corporate's secure data mart. During this phase, contracts are analyzed to categorize existing travel agreements into a user-friendly data room.
- Advanced Analytics: A client-dedicated financial analyst utilizes the data to build a comprehensive analytics dashboard that easily identifies vendor targets and travel policy modifications. Clients are provided access to a site that combines advanced storyboarding capabilities with fully interactive dashboards.
- Insights and Execution: Capitalizing on the full scope of a client's travel data, Travel Leaders Corporate provides a comprehensive savings guidance plan including: ideal strategies, identifying key behavioral attributes of clients' travelers and improving adoption rates of new travel policies, increase visibility, and target savings to drive hard dollar ROI.
For more information on the Traveler Scorecard or Travel Leaders Corporate's Consulting & Analytics as part of its personalized service and cutting-edge corporate business travel solutions that provide a complete travel enrichment experience, email firstname.lastname@example.org or call 877-404-4173.
Travel Leaders Corporate is part of Travel Leaders Group, which is the highest ranking American travel management company in Business Travel News' Business Travel Survey 2016, and has annual sales of nearly $21 billion. Travel Leaders Corporate's three service offerings – Travel Fulfillment, Travel Consulting and Meetings Management – which can be used independently or combined for maximum results. At Travel Leaders Corporate, each client is served by a dedicated team of U.S.-based agents assigned to each account. With a reputation built on reliability and a commitment to excellence, Travel Leaders Corporate offers its clients industry-leading products and services, and continuously seeks higher levels of performance. Headquartered in Plymouth, MN, and with employees in more than 120 cities across the United States, Travel Leaders Corporate is a forward-thinking, innovative company with a focus on continually improving the customer experience. www.tlcorporate.com
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SOURCE Travel Leaders Corporate