Your company's travel department is feeling the squeeze these days, isn't it? Between new travel policies, rising travel costs and reduced budgets, you are really being asked to do much more with much less. In fact, during economic times like this, it's even more critical that your department work to improve your company's financial position.
FareSight allows you to see how your fares measure up to the market, and in turn analyze your air travel budget and optimize your air travel program. Offering the most comprehensive airline ticketing data available on the market, from ARC's Compass data warehouse, it provides analysis of your company's travel patterns and compares those patterns with the overall market. In addition, the tool allows you to profile your travelers' preferences based on actual ticketed travel and not just preference surveys or policy compliance.
Travel department…meet your travelers. See details about their habits including advance purchase, length of stay, preferred carrier, and premium v. non-premium.
Compare your company's fares on specific city pairs to the market averages. Are there fares you should consider negotiating?
Proactively monitor both spending and passenger share among your airlines.
Travel plans change. This can't be avoided. But knowing how much is spent on cancellation and exchange fees will help you make cost saving changes.
How is your air travel program really performing? FareSight shows you potential savings based on actual market average fares.
Are there markets with high concentrations of premium travel? Management of these markets could yield significant savings.
The tool's dashboards are unique and relevant. Along with the filters, they help corporate travel departments to accurately analyze air travel activity, and practically in real-time.Christina Adams, Georgia-Pacific