

Ensuring your policy drives savings
Background: Strong company acquisitions meant that there was an inconsistent approach to travel management through the company, with differing travel policies being used. This inconsistent approach led to limited adherence, confusion and consequently a lack of cost savings through consolidation of spend.
Action: TravelEdge initiated a single company travel policy aimed at achieving new company cost saving objectives and driving consistency. TravelEdge presented the recommended policy and savings benefits to Executive Management Team to engender their support in making significant change throughout the company. To explain the rationale for change, TravelEdge developed and launched a comprehensive communications plan.
Results: 99% adherence to new policy within one month; a consistent approach to travel company-wide was achieved effortlessly; improved leverage as a result of compliance delivered enhanced airline deals and a 10% reduction in hotel expenditure; and the cost saving objectives of 15% exceeded.