American Express Global Business Travel (Amex GBT) has launched Travel Toolbox, a digital platform that puts professional-grade travel consulting insights directly into the hands of small and mid-sized businesses (SMEs).
Travel Toolbox addresses critical challenges faced by smaller organizations in managing complex travel requirements with limited resources, by enabling them to extract strategic insights and value from their travel data. The platform digitizes the expertise of Amex GBT’s consulting team into self-service tools that travel managers can use at their own pace.
With a new, self-service approach to comprehensive data review, Travel Toolbox offers Amex GBT’s SME customers insights to help drive improvements in cost management, traveler experience, travel policy effectiveness, and sustainable travel practices.
Recent research by Amex GBT and Ipsos found that the fastest-growing SMEs are more likely to view international travel as vital to the success of their business, seek professional external advice on travel management, and travel more frequently than slower-growing firms.
Travel Toolbox helps companies turn travel into a competitive advantage, transforming travel data into actionable consulting insights and KPIs that are clearly explained, coupled with recommended steps on the areas best to focus attention. It works by helping companies:
- Define strategies, travel processes and policies that are tailored to company needs.
- Identify savings opportunities by analyzing comprehensive booking data.
- Assess travel programs and drive supplier management and strategies, including access to complimentary venue sourcing services.
- Use reporting and data insights to measure success and provide tailored learning in areas needing improvement.
- Go at their own pace and convenience in a self-service environment.
The platform overlays benchmarks, best practices, and context on top of client data, displaying it through interactive dashboards and guided modules. Travel managers gain visibility into travel behavior patterns, can identify efficiencies, and get guidance on enhancing duty of care for travel well-being.
Dan Beauchamp, vice president, consulting, Amex GBT, said: “Travel Toolbox is a strategic partner for SMEs by providing tailored consulting guidance as and when travel managers need it. We are empowering businesses to optimize their travel strategies, regardless of size or budget limitations. Our goal is to transform travel from a mere operational expense into a strategic lever for business growth and efficiency.”
Travel Toolbox is free at entry point and offers premium upgrades to progressively enhance travel management capabilities, through additional tools including Travel Policy Builder, Sustainability Diagnostics and Hotel Rate Benchmarking.
For more information, visit www.amexglobalbusinesstravel.com.
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