Cost Recovery Solutions - Turning Knowledge Into Profit

Travel Management Solution

Travel Management Travel and entertainment make up the third largest area of controlled expense for most companies. In today’s competitive and dynamic environment, it is essential that companies review their travel-management programs annually to ensure their costs are reasonable and competitive.

CRS offers a complete, confidential, and impartial analysis of current travel programs and policies.

Working in concert with staff members from both executive management and travel management, all opportunities to increase savings and improve existing service levels are identified and evaluated.
 
 
Some of the services available include:
             
  Program Overview and Evaluation   Travel Technology Audits  
             
  Sourcing Travel Services   Online Travel Booking Systems  
             
  Travel Management Programs   Online / Internet Travel Agencies  
             
  Travel Management Workshops   Negotiations and Contracting  
             
  Travel Policy Development   Implementation Management  
             
  Travel Agency Audits   Global Travel Management  
             
  Airfare and Hotel Reservation Audit   Limousine and Sedan Services  
             
  Car Rental Programs   Surveys  
             
  Hotel Discount Programs   Financial Analysis  
             
  Preferred Airline Programs   Sarbanes-Oxley Audit  
             
  Corporate Charge Card and
Payment Systems
  Expert Witness Services  
             
  Meetings Management   Outsourced Travel Management  
             
  Corporate Travel Department
(CTD) Options
  Travel Management Recruiting  
             
  Implementing a Corporate Travel
Department (CTD)
  Corporate Aircraft Analysis  
             
  Benchmarking   Travel Industry Research and
White Papers
 
             
  Travel Websites and Portals   Airfare and Hotel Reservation Audits  
             
 

Program Overview and Evaluation

  CRS consultants compile extensive information about your company's management and control of travel expenses. Travel policies and service contracts (air, hotel, charge card, car rental, travel agency, etc.) are expertly scrutinized and benchmarked directly to current industry standards as well as companies with similar travel volume. Fee-based program overviews are frequently are the best starting point for more targeted activities detailed below.  
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Sourcing Travel Services

  CRS has extensive experience with the procurement of travel agencies, charge cards, and other travel management services. CRS starts by developing a shared understanding with clients of what they truly need, and then issues customized request for proposals. We manage the procurement process to keep vendors focused on meeting your company's specific needs at the most competitive pricing. CRS can manage the entire travel-sourcing process or provide targeted support to existing procurements.  
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Travel Management Programs

  Companies with well-managed travel often pay less for better travel services. More importantly, they understand how and where their travel budgets are spent. CRS will advise your company regarding options for obtaining the best value for your company and making the most of travel agencies, the Internet, and other travel technology.  
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Travel Management Workshops

  A one-day learning symposium, driven by a company-set agenda, addresses travel-management issues you deem most urgent to your program's success. Current insights are offered and opportunities to streamline workflow are examined. Also presented are new methods to enhance service levels for company travelers as well as a variety of cost-effective strategies.  
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Travel Policy Development

  CRS will provide expert direction in writing or revising a succinct and enforceable travel policy to increase cost savings and enhance services for company travelers. A comprehensive travel policy checklist developed by our team of experts alerts you to a variety of tax and legal issues while assisting you in developing a policy that effectively reflects your company culture and the needs of all your travelers. Travel policies generally must be reviewed in the context of a program overview.  
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Travel Agency Audits

  CRS consultants will review your travel agency operations and the service configuration supporting your company. We will ensure that you are getting the best possible services at the lowest cost. When opportunities for improvement are identified, we will quantify the potential savings, provide advice on the next steps, and support travel procurement in the negotiations process.  
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Airfare and Hotel Reservation Audit

  The most important step that a company must take to manage travel is to have all company travel booked through a designated agency. A successful travel agency arrangement increases services while increasing corporate controls and decreasing costs. CRS can determine how well your incumbent agency is performing and either improve your arrangement with them or find an agency that meets your company’s needs more effectively.  
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Car Rental Programs

  Controlling car rental costs is a key to reducing overall travel expenditures. Car rental agreements offer lower fixed rates and usually cover insurance, drop-off charges, and other surcharges. CRS consultants will assess which vendors are the best fit for your company and quickly put an agreement in place.  
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Hotel Discount Programs

  Controlling hotel costs is another key to reducing travel costs. Even smaller companies should be able to negotiate discounts at the hotels where they frequently stay. CRS can help identify the hotels most likely to agree to discounts, upgrades, and/or amenities, and negotiate with them to get the best value available for your company.  
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Preferred Airline Programs

  Many companies miss opportunities to negotiate or implement savings with airlines. While direct deals are available primarily for larger companies, midsized companies can take advantage of other options to save on airfare to meetings or to specific destinations, and/or direct travelers to lower cost suppliers. CRS consultants will determine what options will be most effective for your company and put those deals in place.  
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Corporate Charge Card and Payment Systems

  Consolidating payment for travel expenses through a single payment vehicle is a powerful management tool that increases leverage and controls overall T&E spending. CRS will find the best payment tool available for your company based on usage, current systems, and cost.  
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Meetings Management

  Few companies even know how much they spend on off-site meetings. As a result, they spend too much and create unknown liabilities. CRS will help your company balance the needs for control and flexibility by creating the most appropriate system for managing your off-site company meetings.  
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Corporate Travel Department (CTD) Options

  Companies are now allowed to create in-house travel agencies in order to avoid the costs of a third-party travel agency. CRS will evaluate whether a CTD is a cost-effective option and, if so, guide your company through the process of applying for and implementing a certified corporate travel department.  
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Implementing a Corporate Travel Department (CTD)

  If your company decides that a corporate travel department is the most cost-effective approach to purchasing and managing travel, CRS will assist with completion of the application, as well as with key decisions regarding service configuration, automation, and personnel, which will ensure that your CTD investment delivers the service you need at the lowest cost. If requested, CRS can provide continuous management oversight as well.  
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Benchmarking

  Is your company managing travel effectively? Are you getting the best possible value for your travel dollar? CRS can tell you how your travel program stacks up against the rest of the industry and advise on how to improve that return. Benchmarking possibilities include your company's costs for the following: travel, travel agency, airlines, hotels, and travel automations. CRS will not only tell you whether you are paying too much, but also how to get better service for less money. CRS can create and moderate benchmarking groups, and/or evaluate how specific travel agencies, services, and travel automation compare.  
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Travel Websites and Portals

  CRS can create—or optimize—your travel website. Even best-in-class travel management services will not add value if they are not communicated clearly and updated regularly. A well-designed and well-supported intranet travel site will achieve this objective.  
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Travel Technology Audits

  Travel technology, such as online booking, management reporting, and expense-reporting systems, can lower the costs of purchasing and managing travel without reducing service levels. CRS will consider online booking systems and Internet travel agencies, as well as portals, reporting, and expense reimbursement systems to assess how well your company leverages travel technology to lower costs and improve controls.  
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Online Travel Booking Systems

  Online booking systems for companies are different from the many well-known travel websites because they can store and enforce policy rules, as well as guide travelers toward lower-cost options that they may not have considered. CRS will ensure that your company is using the best system possible at the lowest cost.  
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Online/Internet Travel Agencies

  Several large online consumer websites for booking travel have deployed business services claiming to offer the same services as conventional agencies at lower costs. CRS will advise whether one of these new entrants in the corporate travel marketplace will work for your company and, if so, which one will work best.  
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Negotiations and Contracting

  The economics of travel management are complex and non-intuitive. Worse, the complexity of travel distribution channels can work against the best interests of corporate customers. CRS consultants are travel procurement specialists who know all the ins and outs of travel contracts. They will ensure that your company gets the best possible financial terms on the services your company really needs from travel agencies, airlines, hotels, and other service providers.  
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Implementation Management

  In order for the various components of a travel management program to work together, they have to be well assembled. CRS partners with your corporate team to make sure that travel-related services are deployed correctly, and that travelers have the training and information needed to make the best travel choices.  
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Global Travel Management

  As your company grows internationally, you face new challenges and opportunities that can cost—or save—significant amounts of your travel budget. CRS can advise regarding the best options for travel services worldwide.  
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Limousine and Sedan Services

  Executive transportation services can be cost-effective time-savers, or they can waste money while making it harder for senior managers to travel. CRS can help companies using these options ensure that they are getting the value they pay for.  
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Surveys

  To create and maintain a travel management program that meets all your corporate needs, it is important to know what your travelers think. CRS can deploy and analyze surveys online that will give the truest picture of traveler impressions and experience. As an alternative or supplement to written surveys, directed interviews with key travelers and decision makers can be conducted. However gathered, user data will help your company get the services it needs and avoid payment for services that add no value.  
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Financial Analysis

  The economics of travel distribution are complex because so many costs are buried in standard fees. CRS knows the financial realities of the industry and what services should be bundled or unbundled. CRS will provide true total costs of travel services.  
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Sarbanes-Oxley Audit

  Sarbanes-Oxley (SOX) legislation creates landmines for travel managers and senior executives since its provisions clearly apply to corporate travel. CRS attorneys and consultants advise on SOX compliance programs and can assist with SOX-related litigation. (See Expert Witness.)  
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Expert Witness Services

  Several CRS consultants are licensed attorneys and are able to support travel-related litigation as expert witnesses. CRS also has a unique ability to audit travel bookings made since 1985. CRS can audit agency expenditures and payments, and analyze procedures related to Sarbanes-Oxley compliance.  
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Outsourced Travel Management

  Our experienced corporate travel managers are able to support this function for clients on a temporary, part-time, or interim basis. CRS acts as the client advocate to maintain travel management programs and ensure that travel suppliers deliver on contracts and promises.  
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Travel Management Recruiting

  CRS can help companies find full-time travel-management experts to manage corporate travel programs in house. CRS has the experience to ensure that candidates are personally and culturally compatible with your company, in addition to having travel-management expertise.  
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Corporate Aircraft Analysis

  CRS can evaluate the total cost of operating executive jets and other forms of corporate aircraft. CRS also analyzes the proposed use of owned or leased planes and provides perspective as to how these planes are used by other companies.  
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Travel Industry Research and White Papers

  CRS consultants perform independent research in various areas, including traveler surveys, travel managers, travel agencies, and suppliers. CRS also benchmarks competing travel agencies and travel-automation vendors. Surveys and benchmarking can be supplemented with our knowledge of best practices in travel management as well as the history of the travel industry.  
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Airfare and Hotel Reservation Audits

  CRS works directly with your company's travel agencies and all of the airlines' computerized reservation systems to provide you with an INDEPENDENT, THIRD-PARTY travel-audit service. Each reservation is reviewed to ensure the airfare booked is the LOWEST FARE AVAILABLE at the time of booking and ticketing. We will identify all air travel reservations that may be altered in accordance with your travel policy to further reduce your company travel costs prior to spending company funds. We also identify any hotel reservation that was not booked using the company options or agency preferred programs. We then can rebook to these alternate options, with the approval of the traveler, to further reduce costs proactively. Click here to learn more about Airfare and Hotel Reservation Auditing Services.  
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CRS offers proven solutions that reflect a balance of quality, service, and savings while maintaining your company's culture and ensuring client confidentiality. Through such partnerships, our clients have reduced their travel expenditures by as much as 35%! Our unique programs and processes are non-intrusive and have been streamlined so that the majority of the work can be completed at our offices. The cost of our offerings can be quoted on a per-project and/or hourly basis as needed.
 
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