Business Travel ExpensesHelping companies reduce their business travel expenditures is one of BottomLine Group’s key areas of expertise. With years of experience in travel management we provide our clients with independent valued insights from which to implement best-in-class strategies that drive long term sustainable savings results.
We focus on the following critical components, holistically and/or independently, to deliver tangible value to our clients.
Policy Management
• Travel Policy
Policy is the cornerstone of an effectively managed travel program. BottomLine Group is instrumental in the consultation and creation of a best-in-class travel policy, outlining savings and control opportunities, while mitigating the risks and establishing standards and benchmarks for corporate accountability.• Compliance Strategies
A policy is only effective if it is followed. We assist clients in assessing and designing strategies which consider how the forces of control; employee satisfaction, cost savings and productivity, need to be balanced to optimize compliance levels.• Demand Management
By analyzing our clients’ travel volume and patterns and understanding their needs, BottomLine Group recommends the most suited options for better managing travel demand. This may include modifying the quality of travel being done ie: class of service flown and type of lodging, reducing travel frequency, offering travel substitutes, or in the most severe cases, implementing travel freezes. BottomLine Group assists in the optimization of demand management recommendations through the effective implementation of process, procedures, and controls associated with the client’s desired results.Performance Management
• Behaviour Management
BottomLine Group supports clients in optimizing traveller behaviour via a multitude of avenues including point of purchase optimization, reviewing supplier effectiveness, understanding the traveller’s motivation while objectively leveraging the organizational culture.• Metrics and Benchmarks
Measuring the impact and effectiveness of the program changes and advancements is critical. We deliver this through the implementation of dynamic scorecards and best-in-class tracking tools.• Meeting Management
This involves conducting an analysis on meeting management opportunities including process improvement, consolidation of spend, and transient and meeting supplier alignment. Based on the opportunities, BottomLine Group will design and implement integrated solutions, driving cost savings and increasing efficiencies.• Online Booking Tool Selection and Usage
BottomLine Group will help to secure the best suited Online Booking Tool and act as the catalyst to driving adoption of the online booking tool while optimizing the efficiency of the booking and Travel and Expense management processes.Strategic Sourcing
• Supplier Selection
We offer consideration of travel supplier options including consolidation of spend, specifications, and evaluation criteria. This is done with consideration for the right balance of corporate goals and traveller needs such as convenience and safety.• Supplier Negotiations
BottomLine Group’s intimate knowledge of the marketplace and travel partner insights provides a solid framework to effectively negotiate. We analyze the opportunities and plot our client’s strategy, then leverage all facets of the internal and external forces with the various supply chain members.• Supplier Optimization
Supplier contracts should support a partnership based relationship and optimize benefits for the client. To achieve this, BottomLine Group helps clients with the design and implementation of change management strategies and tactics including communication plans and result tracking tools.
