|
Cost Reduction Strategies for Low Cost Business Travel
Teplis has one of the most aggressive cost-cutting programs in the industry. Upon selection as your travel management partner, and at your request, we would:
- Review all existing supplier contracts and benchmark against the contracts of other similar-sized clients to determine if you are receiving the best rates.
- Perform a market-share analysis to determine if there are areas where your travel volume warrants additional discounts.
- Begin assembling the necessary reports to begin negotiations with your major airline, hotel and car rental suppliers.
- Review your Corporate Travel Policy to ensure the highest degree of savings is mandated while still maintaining proper service levels.
- Begin reporting metrics to pinpoint for division and departmental executives areas where they could be saving money.
- Track unused non-refundable electronic tickets saving your company literally thousands each year, on top of the considerable savings from our liberal ticket voiding policy.
- Enroll your firm in multiple airline corporate discount programs which feature benefits such as free tickets, upgrades or elite status based on miles flown.
- Offer seminars for key travelers and travel arrangers to bring them up-to-date on cost-saving techniques they could implement.
|
