CWT Solutions Group launches new products to cut corporate travel costs

Carlson Wagonlit Travel's (CWT) Solutions Group has introduced four new products to help corporate travel managers cut costs.

These include the travel and expense (T&E) data platform, the traveller behaviour segmentation platform, the car rental contract review and the guide to most appropriate form of transportation.

The new products help reduce non-compliant spending, analyse traveller data to reduce cost from traveller behaviour, reclaim surcharges on corporate car rentals, and provide comprehensive ground transportation options.

Christophe Renard, vice president of CWT Solutions Group Worldwide, said: "We are at the forefront of the travel management industry and to stay there, we need to constantly innovate. We are always looking for new ways to capitalise on data insights, and to find more efficiencies by being smart about relationships with both travellers and suppliers."

According to CWT research, travel managers don’t have visibility over nearly a third of a company’s travel and expense (T&E) spend because it isn’t consolidated in a single data set. The resulting unmanaged spend takes control away from corporate travel managers, potentially increasing costs and reducing corporate buying power.

"Our T&E platform automatically consolidates all data sources, including from the travel management company, from credit card spend, and third party suppliers," said Renard. "We use that information to provide an immediate view of all non-compliant spending. We can also reconstruct the total cost of each trip. Travel managers can then have an accurate view of all spending, compliant and non-compliant, enabling them to adjust their policy as necessary, or simply make sure it is better communicated internally."

More:

CWT Meetings & Events takes on nine new hires

CWT Meetings & Events reports 12% global growth

• For more breaking news and in-depth features, sign up to C&IT Magazine's daily Newstracker here 

Have you registered with us yet?

Register now to enjoy more articles
and free email bulletins.

Register now
Already registered?
Sign in
World Petroleum Congress set for Calgary in 2023

World Petroleum Congress set for Calgary in 2023

The World Petroleum Council of Canada and Meetings Conventions Calgary (MCC) announces Calgary as host city for its 24th Congress.

'Giving young talent a chance to be hands-on with an event is so important'

'Giving young talent a chance to be hands-on with an event is so important'

A-List 2019: Sammi Wratten, event manager at TAG.

Red Bull Racing launches MK-7 event space

Red Bull Racing launches MK-7 event space

New venue in Milton Keynes has a central auditorium, boardroom and mezzanine area, with capacity for 450 people.

Case study: Think Tank at TEDxSydney 2019

Case study: Think Tank at TEDxSydney 2019

INVNT designed and produced the main event as well as designing its own Think Tank space.

2 days left for entries to C&IT Awards

2 days left for entries to C&IT Awards

The deadline to enter the C&IT Awards is 11.59pm on Thursday 27 June, so get your submissions in!

'You can only plan 95% of an event, there's 5% you can never predict'

'You can only plan 95% of an event, there's 5% you can never predict'

A-List 2019: Abigail White, event manager, OrangeDoor.

Conference and meeting spend in UK increases by £1.9 billion

Conference and meeting spend in UK increases by £1.9 billion

Research commissioned by Visit Britain finds MICE sector in good health, with the number of meetings at venues also rising.

4 pitching tips agencies need to know

4 pitching tips agencies need to know

The pitch can be your one chance to prove your credentials so certain elements are essential, says creative director of Timebased.

'If agencies paid more attention to training they would have a higher retention rate'

'If agencies paid more attention to training they would have a higher retention rate'

A-List 2019: Sam Ward, lead projects & event manager, Brandfuel.

In pictures: The first ever C&IT Summit

In pictures: The first ever C&IT Summit

London's Congress Centre hosted an industry gathering featuring panel debates, networking and virtual reality.

LATEST JOBS