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Insights

The latest news, events, and industry trends from Traxo.

Discussing Program Savings

3 Aspects of an Effective Price Assurance Strategy

What Is Price Assurance?

Price assurance is a corporate travel savings strategy made of three components — supplier negotiations, rate auditing and re-shopping. Technologies that continually audit rates and re-shop for discounts are crucial to ensuring your suppliers adhere to your contracted discounts and non-negotiated bookings are optimized.

Insights

How to Merge TMC & Non-TMC Travel Data for Better Travel Management

It is common for medium to large businesses to have an established travel program in place, which encompasses a travel policy (mandated or guidelines), a designated travel management company (TMC), a preferred supplier program (air, hotel, car), and often a duty of care provider for larger or more complex businesses.

Insights

3 Savings Opportunities You Are Missing with Your Corporate Travel Data

With COVID-19 impacting many companies' bottom line, travel managers are searching for innovative ways to reduce spend without sacrificing corporate travel program necessities.

Insights

Empowering Supplier Negotiations Through Travel Data Visibility

Would you agree that supplier negotiations are like a revolving door? Travel managers will end one RFP process, only to find themselves knee-deep in data and reports a few short months later as the upcoming years’ RFP process begins all over again.

Insights

Pre-Trip Travel Data: How You Can Reduce Costs in a Business

Pre-trip travel data creates endless opportunities for travel managers to connect with travelers prior to departure, ensuring bookings are compliant and identifying missed savings opportunities before lift-off.

Why is Real-Time Travel Data Aggregation Important?

Imagine waking up to news headlines that war has erupted, a political crisis has ensued, or there has been a newly identified variant of covid-19 that is rapidly spreading. As your organization's appointed travel manager, would you be scratching your head, wondering if you have employees in the affected region, or would you be confident in knowing

3 Aspects of an Effective Price Assurance Strategy

What Is Price Assurance?

Price assurance is a corporate travel savings strategy made of three components — supplier negotiations, rate auditing and re-shopping. Technologies that continually audit rates and re-shop for discounts are crucial to ensuring your suppliers adhere to your contracted discounts and non-negotiated bookings are optimized.

Insights

How to Merge TMC & Non-TMC Travel Data for Better Travel Management

It is common for medium to large businesses to have an established travel program in place, which encompasses a travel policy (mandated or guidelines), a designated travel management company (TMC), a preferred supplier program (air, hotel, car), and often a duty of care provider for larger or more complex businesses.

Insights

3 Savings Opportunities You Are Missing with Your Corporate Travel Data

With COVID-19 impacting many companies' bottom line, travel managers are searching for innovative ways to reduce spend without sacrificing corporate travel program necessities.

Insights

Empowering Supplier Negotiations Through Travel Data Visibility

Would you agree that supplier negotiations are like a revolving door? Travel managers will end one RFP process, only to find themselves knee-deep in data and reports a few short months later as the upcoming years’ RFP process begins all over again.

Insights

Pre-Trip Travel Data: How You Can Reduce Costs in a Business

Pre-trip travel data creates endless opportunities for travel managers to connect with travelers prior to departure, ensuring bookings are compliant and identifying missed savings opportunities before lift-off.

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