---
title: The Latest from Traxo | Program Savings
description: Program Savings | Traxo Blog News. The latest in business travel trends, modern corporate travel management, and travel technology.
---

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# [Insights](https://blog.traxo.com)

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

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[All Resources](https://blog.traxo.com)

## LATEST INSIGHTS

[Risk Management / Duty of Care](https://blog.traxo.com/tag/risk-management-duty-of-care) [Corporate Travel Management](https://blog.traxo.com/tag/corporate-travel-management) [Duty Of Care](https://blog.traxo.com/tag/duty-of-care)

[![](https://blog.traxo.com/hubfs/risk-management-featured-image.png) ](https://blog.traxo.com/what-corporate-risk-leaders-owe-their-people-right-now)

## [****When the World Shifts: What Corporate Travel and Risk Leaders Owe Their People Right Now ](https://blog.traxo.com/what-corporate-risk-leaders-owe-their-people-right-now)

<https://blog.traxo.com/author/matt-griffin>

[Matt Griffin, Traxo](https://blog.traxo.com/author/matt-griffin)

[Read](https://blog.traxo.com/what-corporate-risk-leaders-owe-their-people-right-now)

[![](https://blog.traxo.com/hubfs/risk-management-featured-image.png) ](https://blog.traxo.com/what-corporate-risk-leaders-owe-their-people-right-now)

## Discussing Program Savings

[Off-Channel / Leakage](https://blog.traxo.com/tag/off-channel-leakage) [Data](https://blog.traxo.com/tag/data) [Program Savings](https://blog.traxo.com/tag/program-savings)

[![Traxo Dashboars showing TMC vs Non-TMC bookings](https://blog.traxo.com/hubfs/Traxo-savings-blog.jpg) ](https://blog.traxo.com/maximizing-savings-with-invisible-spend-insights)

## [**** Maximizing Savings with Invisible Spend Insights](https://blog.traxo.com/maximizing-savings-with-invisible-spend-insights)

<https://blog.traxo.com/author/justin-morris>

[Justin Morris](https://blog.traxo.com/author/justin-morris)

Is your travel program as cost-effective as you think? Most organizations believe they have a firm grip on their corporate travel spend, yet [gaps in visibility often reveal a different reality](https://resources.traxo.com/off-channel-bookings-webinar-international-sos). Even when companies leverage a Travel Management Company (TMC), rely on negotiated supplier contracts, or enforce strict booking policies, a significant

[Read](https://blog.traxo.com/maximizing-savings-with-invisible-spend-insights)

[![Traxo Dashboars showing TMC vs Non-TMC bookings](https://blog.traxo.com/hubfs/Traxo-savings-blog.jpg) ](https://blog.traxo.com/maximizing-savings-with-invisible-spend-insights)

[Insights](https://blog.traxo.com/tag/insights)

[Off-Channel / Leakage](https://blog.traxo.com/tag/off-channel-leakage) [Insights](https://blog.traxo.com/tag/insights) [Program Savings](https://blog.traxo.com/tag/program-savings)

[![Banded stacks of hundred dollar bills on a blue surface with "Traxo" written in the top left corner.](https://blog.traxo.com/hubfs/leverage-traxo-data-to-identify-and-correct-savings-opportunities.jpg) ](https://blog.traxo.com/how-to-save-money-on-business-travel)

## [**** Making the Most of Your Corporate Travel Data: 3 Business Travel Savings Opportunities You May Be Missing](https://blog.traxo.com/how-to-save-money-on-business-travel)

<https://blog.traxo.com/author/amber-hall>

[Amber Hall](https://blog.traxo.com/author/amber-hall)

[COVID-19 impacted](https://blog.traxo.com/travel-managers-office-hours-addressing-the-impact-of-covid-19-on-our-travel-programs) many companies' bottom lines, which caused travel managers to search for innovative ways to reduce spend without sacrificing corporate travel program necessities While the need is less urgent now, it's never a bad idea to find ways to make better use of your travel budget.

[Read](https://blog.traxo.com/how-to-save-money-on-business-travel)

[![Banded stacks of hundred dollar bills on a blue surface with "Traxo" written in the top left corner.](https://blog.traxo.com/hubfs/leverage-traxo-data-to-identify-and-correct-savings-opportunities.jpg) ](https://blog.traxo.com/how-to-save-money-on-business-travel)

[Insights](https://blog.traxo.com/tag/insights)

[Off-Channel / Leakage](https://blog.traxo.com/tag/off-channel-leakage) [Insights](https://blog.traxo.com/tag/insights) [Program Savings](https://blog.traxo.com/tag/program-savings)

[![Travelers walk through a busy airport.](https://blog.traxo.com/hubfs/pexels-skitterphoto-2069.jpg) ](https://blog.traxo.com/improve-travel-management-travel-data)

## [**** TMC Travel Management: Merging TMC and Non-TMC Travel Data to Improve Business Travel Management](https://blog.traxo.com/improve-travel-management-travel-data)

<https://blog.traxo.com/author/matt-griffin>

[Matt Griffin, Traxo](https://blog.traxo.com/author/matt-griffin)

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, and car), and often a duty of care provider for larger or more complex businesses.

[Read](https://blog.traxo.com/improve-travel-management-travel-data)

[![Travelers walk through a busy airport.](https://blog.traxo.com/hubfs/pexels-skitterphoto-2069.jpg) ](https://blog.traxo.com/improve-travel-management-travel-data)

[Insights](https://blog.traxo.com/tag/insights)

[Off-Channel / Leakage](https://blog.traxo.com/tag/off-channel-leakage) [Corporate Travel Programs & Policy](https://blog.traxo.com/tag/corporate-travel-programs-policy) [Insights](https://blog.traxo.com/tag/insights) [Program Savings](https://blog.traxo.com/tag/program-savings)

[![Business lodging experience showcasing travel cost optimization](https://blog.traxo.com/hubfs/hotel-rate-reshopping-traxoAsset%204@1200x-80.jpg) ](https://blog.traxo.com/how-to-reduce-business-travel-costs)

## [**** Travel Cost Optimization: Learn How to Reduce Business Expenses](https://blog.traxo.com/how-to-reduce-business-travel-costs)

<https://blog.traxo.com/author/amber-hall>

[Amber Hall](https://blog.traxo.com/author/amber-hall)

Pre-trip travel data creates [endless opportunities for travel managers](https://blog.traxo.com/importance-of-travel-analytics) to connect with travelers prior to departure, ensuring bookings are compliant and identifying missed cost savings opportunities before lift-off.

[Read](https://blog.traxo.com/how-to-reduce-business-travel-costs)

[![Business lodging experience showcasing travel cost optimization](https://blog.traxo.com/hubfs/hotel-rate-reshopping-traxoAsset%204@1200x-80.jpg) ](https://blog.traxo.com/how-to-reduce-business-travel-costs)

[Corporate Travel Management](https://blog.traxo.com/tag/corporate-travel-management) [Data](https://blog.traxo.com/tag/data) [Duty Of Care](https://blog.traxo.com/tag/duty-of-care) [Program Savings](https://blog.traxo.com/tag/program-savings)

[![A crowd of travelers moves through a commercial building in London. ](https://blog.traxo.com/hubfs/traxo-why-Real-Time-Travel-Data-Aggregation-is-ImportantAsset%2010.jpg) ](https://blog.traxo.com/benefits-of-travel-aggregator)

## [**** Why You Should Use a Travel Aggregator for Business Travel Data](https://blog.traxo.com/benefits-of-travel-aggregator)

<https://blog.traxo.com/author/amber-hall>

[Amber Hall](https://blog.traxo.com/author/amber-hall)

Imagine waking up to news headlines that [war has erupted](https://blog.traxo.com/4-ways-to-support-employees-during-an-international-conflict), a political crisis has ensued, or a newly identified virus has begun to rapidly spread. As your organization's appointed travel manager, would you be scratching your head, wondering if you have employees in the affected region, or would a quick check of your travel aggregator let you know

[Read](https://blog.traxo.com/benefits-of-travel-aggregator)

[![A crowd of travelers moves through a commercial building in London. ](https://blog.traxo.com/hubfs/traxo-why-Real-Time-Travel-Data-Aggregation-is-ImportantAsset%2010.jpg) ](https://blog.traxo.com/benefits-of-travel-aggregator)

[Insights](https://blog.traxo.com/tag/insights)

[Off-Channel / Leakage](https://blog.traxo.com/tag/off-channel-leakage) [Insights](https://blog.traxo.com/tag/insights) [Program Savings](https://blog.traxo.com/tag/program-savings)

[![A person analyzes business travel management data while holding a pencil.](https://blog.traxo.com/hubfs/Travel-Data-Visibility-Supplier-Negotations.jpg) ](https://blog.traxo.com/business-travel-management-data)

## [**** Empowering Supplier Negotiations Through Travel Data Visibility](https://blog.traxo.com/business-travel-management-data)

<https://blog.traxo.com/author/amber-hall>

[Amber Hall](https://blog.traxo.com/author/amber-hall)

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 business travel management data and reports a few short months later as the upcoming years’ RFP process begins all over again.

[Read](https://blog.traxo.com/business-travel-management-data)

[![A person analyzes business travel management data while holding a pencil.](https://blog.traxo.com/hubfs/Travel-Data-Visibility-Supplier-Negotations.jpg) ](https://blog.traxo.com/business-travel-management-data)

[Corporate Travel Management](https://blog.traxo.com/tag/corporate-travel-management) [Corporate Travel Programs & Policy](https://blog.traxo.com/tag/corporate-travel-programs-policy) [Program Savings](https://blog.traxo.com/tag/program-savings)

[![Woman with calculator and receipts](https://blog.traxo.com/hubfs/traxo-price-assurance-blog.jpg) ](https://blog.traxo.com/3-aspects-of-price-assurance-strategy)

## [**** 3 Aspects of an Effective Price Assurance Strategy](https://blog.traxo.com/3-aspects-of-price-assurance-strategy)

<https://blog.traxo.com/author/franz-loriega>

[Franz Loriega](https://blog.traxo.com/author/franz-loriega)

## 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](https://blog.traxo.com/audit-your-travel-program-with-pre-trip-booking-data) and re-shop for discounts are crucial to ensuring your [suppliers adhere](https://blog.traxo.com/business-travel-management-data) to your contracted discounts and non-negotiated bookings are optimized.

[Read](https://blog.traxo.com/3-aspects-of-price-assurance-strategy)

[![Woman with calculator and receipts](https://blog.traxo.com/hubfs/traxo-price-assurance-blog.jpg) ](https://blog.traxo.com/3-aspects-of-price-assurance-strategy)

[Data](https://blog.traxo.com/tag/data) [Program Savings](https://blog.traxo.com/tag/program-savings)

[![Traxo Insurance Blog Featured Image](https://blog.traxo.com/hubfs/Traxo-TRM-Blog-Featured-Image.png) ](https://blog.traxo.com/how-complete-travel-data-can-lower-your-insurance-premiums)

## [**** Proving Duty of Care Pays Off: How Complete Travel Data Can Lower Your Insurance Premiums](https://blog.traxo.com/how-complete-travel-data-can-lower-your-insurance-premiums)

<https://blog.traxo.com/author/franz-loriega>

[Franz Loriega](https://blog.traxo.com/author/franz-loriega)

Corporate travel risk management (TRM) has long been seen as a moral and legal imperative, but today, it’s becoming a [financial strategy](https://blog.traxo.com/maximizing-savings-with-invisible-spend-insights) too. Insurers are beginning to explore premium discounts for companies that proactively demonstrate strong duty of care, especially those aligned with ISO 31030 standards. And the key to proving it? Complete,

[Read](https://blog.traxo.com/how-complete-travel-data-can-lower-your-insurance-premiums)

[![Traxo Insurance Blog Featured Image](https://blog.traxo.com/hubfs/Traxo-TRM-Blog-Featured-Image.png) ](https://blog.traxo.com/how-complete-travel-data-can-lower-your-insurance-premiums)

[Off-Channel / Leakage](https://blog.traxo.com/tag/off-channel-leakage) [Data](https://blog.traxo.com/tag/data) [Program Savings](https://blog.traxo.com/tag/program-savings)

[![Traxo Dashboars showing TMC vs Non-TMC bookings](https://blog.traxo.com/hubfs/Traxo-savings-blog.jpg) ](https://blog.traxo.com/maximizing-savings-with-invisible-spend-insights)

## [**** Maximizing Savings with Invisible Spend Insights](https://blog.traxo.com/maximizing-savings-with-invisible-spend-insights)

<https://blog.traxo.com/author/justin-morris>

[Justin Morris](https://blog.traxo.com/author/justin-morris)

Is your travel program as cost-effective as you think? Most organizations believe they have a firm grip on their corporate travel spend, yet [gaps in visibility often reveal a different reality](https://resources.traxo.com/off-channel-bookings-webinar-international-sos). Even when companies leverage a Travel Management Company (TMC), rely on negotiated supplier contracts, or enforce strict booking policies, a significant

[Read](https://blog.traxo.com/maximizing-savings-with-invisible-spend-insights)

[![Traxo Dashboars showing TMC vs Non-TMC bookings](https://blog.traxo.com/hubfs/Traxo-savings-blog.jpg) ](https://blog.traxo.com/maximizing-savings-with-invisible-spend-insights)

[Insights](https://blog.traxo.com/tag/insights)

[Off-Channel / Leakage](https://blog.traxo.com/tag/off-channel-leakage) [Insights](https://blog.traxo.com/tag/insights) [Program Savings](https://blog.traxo.com/tag/program-savings)

[![Banded stacks of hundred dollar bills on a blue surface with "Traxo" written in the top left corner.](https://blog.traxo.com/hubfs/leverage-traxo-data-to-identify-and-correct-savings-opportunities.jpg) ](https://blog.traxo.com/how-to-save-money-on-business-travel)

## [**** Making the Most of Your Corporate Travel Data: 3 Business Travel Savings Opportunities You May Be Missing](https://blog.traxo.com/how-to-save-money-on-business-travel)

<https://blog.traxo.com/author/amber-hall>

[Amber Hall](https://blog.traxo.com/author/amber-hall)

[COVID-19 impacted](https://blog.traxo.com/travel-managers-office-hours-addressing-the-impact-of-covid-19-on-our-travel-programs) many companies' bottom lines, which caused travel managers to search for innovative ways to reduce spend without sacrificing corporate travel program necessities While the need is less urgent now, it's never a bad idea to find ways to make better use of your travel budget.

[Read](https://blog.traxo.com/how-to-save-money-on-business-travel)

[![Banded stacks of hundred dollar bills on a blue surface with "Traxo" written in the top left corner.](https://blog.traxo.com/hubfs/leverage-traxo-data-to-identify-and-correct-savings-opportunities.jpg) ](https://blog.traxo.com/how-to-save-money-on-business-travel)

[Insights](https://blog.traxo.com/tag/insights)

[Off-Channel / Leakage](https://blog.traxo.com/tag/off-channel-leakage) [Insights](https://blog.traxo.com/tag/insights) [Program Savings](https://blog.traxo.com/tag/program-savings)

[![Travelers walk through a busy airport.](https://blog.traxo.com/hubfs/pexels-skitterphoto-2069.jpg) ](https://blog.traxo.com/improve-travel-management-travel-data)

## [**** TMC Travel Management: Merging TMC and Non-TMC Travel Data to Improve Business Travel Management](https://blog.traxo.com/improve-travel-management-travel-data)

<https://blog.traxo.com/author/matt-griffin>

[Matt Griffin, Traxo](https://blog.traxo.com/author/matt-griffin)

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, and car), and often a duty of care provider for larger or more complex businesses.

[Read](https://blog.traxo.com/improve-travel-management-travel-data)

[![Travelers walk through a busy airport.](https://blog.traxo.com/hubfs/pexels-skitterphoto-2069.jpg) ](https://blog.traxo.com/improve-travel-management-travel-data)

[Insights](https://blog.traxo.com/tag/insights)

[Off-Channel / Leakage](https://blog.traxo.com/tag/off-channel-leakage) [Corporate Travel Programs & Policy](https://blog.traxo.com/tag/corporate-travel-programs-policy) [Insights](https://blog.traxo.com/tag/insights) [Program Savings](https://blog.traxo.com/tag/program-savings)

[![Business lodging experience showcasing travel cost optimization](https://blog.traxo.com/hubfs/hotel-rate-reshopping-traxoAsset%204@1200x-80.jpg) ](https://blog.traxo.com/how-to-reduce-business-travel-costs)

## [**** Travel Cost Optimization: Learn How to Reduce Business Expenses](https://blog.traxo.com/how-to-reduce-business-travel-costs)

<https://blog.traxo.com/author/amber-hall>

[Amber Hall](https://blog.traxo.com/author/amber-hall)

Pre-trip travel data creates [endless opportunities for travel managers](https://blog.traxo.com/importance-of-travel-analytics) to connect with travelers prior to departure, ensuring bookings are compliant and identifying missed cost savings opportunities before lift-off.

[Read](https://blog.traxo.com/how-to-reduce-business-travel-costs)

[![Business lodging experience showcasing travel cost optimization](https://blog.traxo.com/hubfs/hotel-rate-reshopping-traxoAsset%204@1200x-80.jpg) ](https://blog.traxo.com/how-to-reduce-business-travel-costs)

[Corporate Travel Management](https://blog.traxo.com/tag/corporate-travel-management) [Data](https://blog.traxo.com/tag/data) [Duty Of Care](https://blog.traxo.com/tag/duty-of-care) [Program Savings](https://blog.traxo.com/tag/program-savings)

[![A crowd of travelers moves through a commercial building in London. ](https://blog.traxo.com/hubfs/traxo-why-Real-Time-Travel-Data-Aggregation-is-ImportantAsset%2010.jpg) ](https://blog.traxo.com/benefits-of-travel-aggregator)

## [**** Why You Should Use a Travel Aggregator for Business Travel Data](https://blog.traxo.com/benefits-of-travel-aggregator)

<https://blog.traxo.com/author/amber-hall>

[Amber Hall](https://blog.traxo.com/author/amber-hall)

Imagine waking up to news headlines that [war has erupted](https://blog.traxo.com/4-ways-to-support-employees-during-an-international-conflict), a political crisis has ensued, or a newly identified virus has begun to rapidly spread. As your organization's appointed travel manager, would you be scratching your head, wondering if you have employees in the affected region, or would a quick check of your travel aggregator let you know

[Read](https://blog.traxo.com/benefits-of-travel-aggregator)

[![A crowd of travelers moves through a commercial building in London. ](https://blog.traxo.com/hubfs/traxo-why-Real-Time-Travel-Data-Aggregation-is-ImportantAsset%2010.jpg) ](https://blog.traxo.com/benefits-of-travel-aggregator)

[Insights](https://blog.traxo.com/tag/insights)

[Off-Channel / Leakage](https://blog.traxo.com/tag/off-channel-leakage) [Insights](https://blog.traxo.com/tag/insights) [Program Savings](https://blog.traxo.com/tag/program-savings)

[![A person analyzes business travel management data while holding a pencil.](https://blog.traxo.com/hubfs/Travel-Data-Visibility-Supplier-Negotations.jpg) ](https://blog.traxo.com/business-travel-management-data)

## [**** Empowering Supplier Negotiations Through Travel Data Visibility](https://blog.traxo.com/business-travel-management-data)

<https://blog.traxo.com/author/amber-hall>

[Amber Hall](https://blog.traxo.com/author/amber-hall)

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 business travel management data and reports a few short months later as the upcoming years’ RFP process begins all over again.

[Read](https://blog.traxo.com/business-travel-management-data)

[![A person analyzes business travel management data while holding a pencil.](https://blog.traxo.com/hubfs/Travel-Data-Visibility-Supplier-Negotations.jpg) ](https://blog.traxo.com/business-travel-management-data)

[Corporate Travel Management](https://blog.traxo.com/tag/corporate-travel-management) [Corporate Travel Programs & Policy](https://blog.traxo.com/tag/corporate-travel-programs-policy) [Program Savings](https://blog.traxo.com/tag/program-savings)

[![Woman with calculator and receipts](https://blog.traxo.com/hubfs/traxo-price-assurance-blog.jpg) ](https://blog.traxo.com/3-aspects-of-price-assurance-strategy)

## [**** 3 Aspects of an Effective Price Assurance Strategy](https://blog.traxo.com/3-aspects-of-price-assurance-strategy)

<https://blog.traxo.com/author/franz-loriega>

[Franz Loriega](https://blog.traxo.com/author/franz-loriega)

## 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](https://blog.traxo.com/audit-your-travel-program-with-pre-trip-booking-data) and re-shop for discounts are crucial to ensuring your [suppliers adhere](https://blog.traxo.com/business-travel-management-data) to your contracted discounts and non-negotiated bookings are optimized.

[Read](https://blog.traxo.com/3-aspects-of-price-assurance-strategy)

[![Woman with calculator and receipts](https://blog.traxo.com/hubfs/traxo-price-assurance-blog.jpg) ](https://blog.traxo.com/3-aspects-of-price-assurance-strategy)

More Insights

[All Insights](https://blog.traxo.com)

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