The Spanish startup specialising in the comprehensive management and consultancy of business trips.
Consultia Business Travel launches a new tool that allows to control the corporate travel budget and save 15%
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The Travel Management Dashboard aligns the travel budget with the company’s objectives, as well as monitors and analyses all the data so it can be readjusted at any time.
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With the exclusive technology of Consultia Business Travel, the purchasing policies of the company are complied with, and it makes possible to know where and when deviations in spending occur to act accordingly and rectify errors.
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The tool was presented today at a meeting with AERCE entrepreneurs in Barcelona.
Barcelona, 24 March 2022 – Consultia Business Travel, a Spanish company specialising in the integrated management of business travel, has just launched the Travel Management Dashboard, a new functionality that, through its Destinux technology platform, allows all the information relating to a company’s business travel to be analysed in an easy and highly visual way. According to Aberdeen Group forecasts, using these tools can save a company up to 15% on its corporate travel budget.
This new tool was presented today at a working session organised by the Association of Purchasing, Contracting and Procurement Professionals in Spain, AERCE, in which purchasing managers from different companies participated.
Destinux’s new Dashboard enables a company’s investment in corporate travel to be aligned with the predefined objectives for its fiscal year and control that they do not deviate from the budget. The procedure is simple: once the necessary parameters have been entered into the system, the company can monitor the status of all its trips in real time. The structure of the information is displayed in a clear and organised way, with dynamic indicators and graphs.
In this way, an organisation can establish objectives; gauge the fulfilment of travel purchasing policies; know which departments, profiles or units deviate the most from the budget; and the percentage of compliance with the same to react accordingly and rectify errors. According to a recent study by Aberdeen Group, the implementation of a corporate travel management and monitoring tool increases compliance with purchasing policies in an organisation by 40% and reduces the time spent on their management by 70%.
Business travel is essential for a company to continue to grow, strengthening relationships with its customers, suppliers and with its own employees outside its headquarters. In addition to opening new markets and expanding into new horizons.
A study by Growth Lab reveals a direct link between business travel and the industry’s growth worldwide, where in the absence of which GDP would suffer a double-digit loss. In the words of Carlos Martínez, CEO of Consultia Business Travel, “some of the corporate travel that took place before the pandemic has been replaced by non-face-to-face meetings with the new videoconferencing tools, but companies need to travel to grow, and the economy needs to travel to grow. In fact, according to a recent study by Oxford Economics, for every dollar a company invests in travel, it gets a return of between 10 and 15 dollars”.
“Business travel is not an expense, it is an investment, that is why, from Consultia Business Travel, we have created this new functionality in Destinux so that those responsible for corporate travel in a company can align the travel budget with the company’s strategic objectives, and control its execution in real time, along with complying the company’s policies”, assures Martínez.
About Consultia Travel
Consultia Business Travel® is a Spanish company specialised in the integrated management of business travel (Travel Management Company). It offers a differentiated solution based on cloud-based software (Destinux®) and a personalised advisory service (Personal Travel Assistant), providing a comprehensive solution for the management of business travel. It also manages the needs of meetings, incentives, congresses and events (MICE) that the company needs.
The company, financed by Spanish capital and founded in 2010, has offices in Madrid, Valencia, Zaragoza and Oporto. The startup has integrated in a powerful management system close to 3 million hotels, more than 600 airlines, 27 car rental companies around the world and private transfers in more than 160 countries, RENFE and taxis and VTC in more than 90 states, achieving online connectivity and efficiency that stand out in the corporate travel market.