For travel management companies, understanding traveller preferences, behaviours, and spending patterns is crucial.
Our tailored solutions provide a comprehensive view of these dynamics, allowing for personalised travel experiences that cater to individual needs while ensuring budgetary compliance. But it doesn't stop there. By analysing supplier data, we empower companies to negotiate better deals, optimise partnerships, and ensure that travellers always get the best value for their money.
The business travel sector witnessed an impressive 25% year-over-year growth between 2022 and 2023.
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Travel management companies often grapple with the intricacies of supplier negotiations. Without clear insights into traveller preferences, spending patterns, and supplier performance, these negotiations can lack direction, leading to missed opportunities for cost savings and value-added services.
How assimil8 Helps:
With our advanced data analytics, we provide a granular view of supplier interactions, identifying areas of overspending and underutilisation. By analysing historical data and current market trends, we empower travel management companies to enter negotiations with a strategic edge, ensuring optimal contract terms, improved service levels, and significant cost reductions.
Forecasting travel budgets accurately is paramount for any travel management company. However, unpredictable market fluctuations, changing traveller behaviours, and unforeseen global events can throw even the most meticulously planned budgets off track.
How assimil8 Helps:
Our predictive analytics tools delve deep into past travel data, identifying patterns and trends that inform future budgeting. By integrating external market indicators and leveraging machine learning, we provide travel management companies with dynamic forecasting models. These models adapt to changing conditions, ensuring that budgets remain realistic, actionable, and aligned with business objectives.
With so much competition in the business travel landscape, offering generic travel solutions is going to get you nowhere. Travellers demand personalised experiences, tailored to their preferences, needs, and schedules. Meeting these demands while maintaining operational efficiency can be a daunting task.
How assimil8 Helps:
We harness the power of traveller data to craft bespoke travel experiences. By analysing individual preferences, past travel histories, and feedback, we enable travel management companies to offer tailor-made travel solutions. From preferred airlines and hotel chains to dietary requirements and layover preferences, we help to make every journey feel personal, enhancing traveller satisfaction and loyalty.
Following their merger with Portman Travel in 2017, Clarity were looking to take advantage of both companies market-leading technology, including BI and analytics Software.
It was at that time that we introduced Clarity to ThoughtSpot, a pioneering AI and search-driven analytics tool that would underpin a brand new MI and reporting solution that would be used both in-house at Clarity and by their customers.
Go2Insight gave Clarity the edge when it came to giving customers data with actionable insights. Using ThoughtSpot's powerful data search capabilities, they could instantly access the information they needed using natural language search.
Darren Williams, Clarity's Head of MI and Data said:
"We needed a tool that would be accessible by everyone, but with the power of a fully staffed data team. assimil8 created a tool that allowed us to be bold and visionary, but without leaving any users behind."
Every journey taken, every ticket booked, and every feedback provided is a treasure trove of information. By meticulously managing and analysing this traveller data, we uncover patterns and preferences that allow travel management companies to tailor their offerings, ensuring that travellers not only reach their destinations but also enjoy every step of the journey.
The future of business travel is as much about anticipation as it is about action. Through advanced data management techniques, we transform historical data into predictive insights. This allows companies to anticipate market shifts, adapt to changing traveller behaviours, and seize emerging opportunities, ensuring sustained growth in an ever-evolving landscape.
Effective data management extends beyond the traveller. By diving deep into supplier data, we provide insights into performance metrics, cost structures, and service levels. This empowers travel management companies to negotiate better deals, streamline partnerships, and ensure that travellers receive optimal value, driving both savings and satisfaction.
Data management isn't just about external growth; it's also about internal evolution. By analysing operational data, we identify bottlenecks, inefficiencies, and areas of innovation. This leads to streamlined processes, reduced overheads, and the introduction of innovative solutions that set travel management companies apart from the competition.
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“By developing Go2Insight with Theia and integrating ThoughtSpot we could offer our customers really pioneering AI and search-driven analytics and still provide traditional reporting facilities to those who need them. We could be
bold and visionary, but without leaving any users behind.”
Darren Williams
Head of MI and Data
“The automated Excel Bundle solution from assimil8 has cut our manual reporting process by 50% allowing our analyst to focus on other strategic areas of our business. ”
Max Seed
Strategic Planning and M&A Manager
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