American Express Global Business Travel (Amex GBT) has expanded its benchmarking tool.
Called Peer Travel Insights (PTI), the functionality uses data and analytics to measure travel programme performance and competitiveness. It is designed to help businesses better evaluate and optimise their travel programmes and measure wellbeing metrics.
The new integration of five key dashboards from PTI into Insights, Amex GBT’s desktop application for easy-to-use and highly configurable reports, enhances data for Insights users at no additional charge for Amex GBT Select and Neo clients.
Benchmarking will now be more accessible to smaller clients. The added dashboards include air (online adoption and advance purchase), hotel and car optimisation.
Other enhancements are travel wellbeing metrics and automated peer group generation.
John Sturino, Senior Vice President of Travel Products and Engineering at Amex GBT, said: “The value of benchmarking is incredibly important – especially for companies moving from unmanaged to managed travel. Other tools will only give you numbers, but no insight as to whether those numbers are good.
“The PTI enhancements shows our continued commitment not only to offering solutions to the whole industry but ensuring that we are giving our customers the insights to most effectively manage the impact of travel – to their budgets, to the environment and to their employees.”
