Carlson Wagonlit Travel has launched CWT Travel Consolidator, an analytics tool that captures an organisation’s travel and expense spend.
The web-based platform combines air, hotel and ground transport transactions booked through CWT with a credit card, expense and HR data. CWT says the data collected helps businesses identify the ‘hidden costs’ of travel and off-channel spend, enabling travel managers to spot savings opportunities, improve compliance and increase the company’s negotiating power with suppliers.
CWT says the tool’s algorithms consolidate, standardise and clean up the data, saving travel managers the time of having to fix inaccuracies. Data is displayed on a single platform with configurable dashboards and reporting capabilities.
In addition, integrated data provides information on spend outside of official channels, such as flights and hotels booked on personal cards, as well as ancillary purchases such as airline seat selection charges, meals, laundry and other incidentals. CWT Travel Consolidator attaches these costs to the trips and travellers who incurred them.
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