SINGAPORE, 23 November 2020: Global travel management company FCM Travel Solutions announced at the weekend the launch of its new online travel policy benchmarking tool.
Designed to provide valuable insights to customers who wish to see how their programmes compare to others around the world, the new tool enables businesses to monitor expenditures, elevate the traveller experience and mitigate risk, all from their computer.
Powered by FCM’s consulting arm 4D Business Travel Consulting, the tool provides an analysis of the policy’s strengths, highlights areas that need improving and outlines necessary steps to be taken accordingly. Users who complete the two-minute questionnaire get instant feedback, with clear and expert guidance on what percentile their travel policy sits in globally.
“Travel policies are essential for keeping an organisation on track, but with Covid-19 and the evolving market environment, many businesses had to implement interim policies and continuously adjust it,” said FCM Travel Solutions in Asia managing director Bertrand Saillet. “This powerful online tool will help organisations and travel managers to refine their travel policies through a more accurate assessment of market dynamics.”
The launch of this tool follows the brand’s recent Global State of the Market Study, the results of which indicated that the majority of the 2,000 participating customers were reviewing travel policies with an eye toward stretching budgets and bolstering duty of care. It is the latest piece of technology added to an already impressive suite of services, including FCM’s new AI Reporting Tool, launched last month.
The new policy benchmarking tool is available through FCM’s website as part of the brand’s November pledge campaign.