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Tourism 23/10/2009
CWT Enhances Proprietary Products to Optimize Policy, Compliance and Communications
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Carlson Wagonlit Travel (CWT), a global leader specializing in business travel management, has enhanced two proprietary products companies use to create or optimize travel policies, drive compliance and more effectively communicate with travelers. CWT Policy Builder now features predictive modeling that uncovers potential savings and other benefits that may result from changing an existing travel policy and/or increasing compliance. The award-winning CWT Policy Messenger was enhanced with a multilingual user interface for greater ease of use worldwide and to respond to client requests. CWT will demonstrate both of these global products at the ACTE Global Education Conference in Prague, Oct. 25-27.
CWT Policy Builder A well-designed travel policy helps increase traveler compliance, savings and security. CWT Policy Builder enables organizations of any size to create a travel policy from scratch or benchmark, assess and strategically optimize their existing policy. Fully automated and available in seven languages (1) , CWT Policy Builder has 10 sections that cover all aspects of a travel policy such as reservation processes; air, hotel, rail and ground transportation bookings; expense management and monitoring; security; and policy enforcement. More than 130 of the most frequently used rules are presented. In addition, more than 500 criteria associated with the rules enable companies to design the policy that best reflects their objectives and corporate culture. Customized parameters can be added for even greater effectiveness and personalization. CWT Policy Builder takes a three-tiered approach to policy analysis: Policy Culture: a high-level assessment of the overall policy and approach includes benchmarking against similarly sized industry peers. Policy in Focus: a detailed analysis of each section of the policy takes into account six key metrics that determine the scope and level of detail covered; how current the policy is; and whether or not the right balance of control/mandates, permissiveness, and flexibility has been achieved. Policy Opportunity: predictive modeling provides “what if” scenarios to assess the potential impact of rule changes and/or increased compliance. Company-specific information regarding policy parameters, transaction spend, traveler compliance, and preferred suppliers is coupled with an assessment of the business travel market to demonstrate possible savings and benefits. This exercise helps travel managers and buyers effectively promote and manage policy changes within their organization.
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