From simple reporting to complex prescriptive analytics, business intelligence gives travel managers the information and context needed to answer program performance questions. You can see what happened in the past, analyze why it happened, monitor current developments and even forecast what’s ahead.
A new business intelligence paper from BCD Travel details the latest trends and offers practical ways travel managers can use business intelligence to gain insights, savings and perhaps even prestige.
The right business intelligence strategy lets you analyze all travel-related spend as easily as reviewing a single booking. And the continuous development in data accessibility and quality means travel managers are able to integrate an increasing number of data sources in one database. Ultimately, using business intelligence to drive decisions is a game-changer.
You and your management can analyze travel patterns and spend; gauge the impact of program changes on employees; and gain deeper understanding of the risks and rewards of transforming your program. The bottom line: Business intelligence gives you the tools to contribute more to the success of the business, and it might just raise your status within the company.
Want to discover how business intelligence can strengthen your travel program? Ask your BCD Travel account manager for details.