FCM Travel Solutions has launched a new online travel policy benchmarking tool.
Designed to maximize efficiencies and provide valuable insight to customers who wish to see how their programs compare to others around the world, the new tool enables businesses to monitor expenditures, elevate the traveler experience and mitigate risk, all from their own computer.
Powered by 4D Business Travel Consulting, the innovative tool provides an expert analysis of the policy’s strengths, highlights areas that need improving and outlines necessary steps to be taken accordingly.
Users who complete the two-minute questionnaire get instant feedback, with clear and expert guidance on what percentile their travel policy sits in globally.
“While some businesses have implemented an interim travel policy to cope with COVID-19, most will need to review this policy as travel resumes and adjust it for our new normal,” said Billy McDonough, President, FCM Americas. “We’ve created this powerful online tool to help businesses instantly see where their focus should be, as they work to build a strong and effective travel policy for the new year and beyond.”
The launch of this tool follows the brand’s recent, Global State of the Market Study, the results of which indicated that the majority of the 2,000 participating customers were reviewing travel policies with an eye toward stretching budgets and bolstering duty of care. It is the latest piece of technology added to an already impressive suite of services, including FCM’s new AI Reporting Tool, launched last month.
The new policy benchmarking tool is available through FCM’s website.
Don't miss a single travel story: subscribe to PAX today!