Potential Savings Analysis
Adjust your existing travel policy
Topaz International Potential Savings Analysis Provides:
- Delivery of financial opportunties
- Real-time analysis of policy changes
- Justification for any policy changes
- Can be bundled with other serivces
How much savings can you realize if you change your corporate travel policy? A Potential Savings Analysis provides an opportunity to identify potential savings if adjustments are made to the existing travel policy. This can be accomplished without disrupting the agency or travelers.
Our auditors can conduct the analysis in real time, often in conjunction with an airfare audit.
Examples of policy changes include:
- Expanding a departure window
- Mandating use of connecting flights
- Utilization of penalty fares
- Considering alternate airports in multi-airport cities
- Prohibiting first/business class
- Removal of excluded carriers.
The analysis provides you with documented financial information that allows you to determine savings to your travel policy before any changes are made.
Give us a call today at 503-622-8966 to obtain additional information.
Case Study:
Topaz Audit Finds Savings Opportunities for Clients
When examining corporate travel policies, certain questions are bound to come up: How much could the company save by shifting travelers from business class to coach? What if the policy recommended alternate airports? Do nonrefundable fares actually save the company money?
As senior management increasingly scrutinizes every dollar spent on travel in this current economic climate, even mature travel programs are seeking to squeeze further savings from their program.
"We got engaged with Topaz to help us analyze what would be a few key drivers if we changed our policy—what would be the impact around savings."