After several difficult months, CWT is raising its head and preparing for the future. A future based on a new remuneration modelwith TMC announcing 31 May switch to a subscription system. CWT promises its customers simple, transparent pricing and invoicing "thanks to a single recurring monthly invoice covering the cost of all products and services that [corporate clients] source from CWT globally, saving time and simplifying travel budgeting ".
However, these subscription fees will vary from customer to customer...
After several difficult months, CWT is raising its head and preparing for the future. A future based on a new remuneration modelwith TMC announcing 31 May switch to a subscription system. CWT promises its customers simple, transparent pricing and invoicing "thanks to a single recurring monthly invoice covering the cost of all products and services that [corporate clients] source from CWT globally, saving time and simplifying travel budgeting ".
However, these subscription fees will vary from one customer to another, depending in particular on the volume of transactions covered by the business travel agency, and of the more or less regular use of value-added services. What's more, CWT customers will be able to adapt their contract to suit their needs, to cover new services or, conversely, to 'downsize'.
streamline our customers' pricing and invoicing processes
The transaction fee is a thing of the past, saving time and money in the process, according to TMC: " This new pricing structure will not only streamline pricing and invoicing processes our customers, but also to offer them the best integrated discounts on volume that are not inherent to the transaction fee model "Brady Jensen, CWT's Vice President Finance and Head of Global Pricing. " Unlike transaction fee models, this new invoicing model issues a single, simple and comprehensive monthly invoice, as opposed to a multitude of invoices, making it much easier for business travel managers to track and manage business travel expenditure and forecasts. "he continues.
The switch to the subscription model takes place after several months of testing with a sample of customers, with, according to TMC, a back " extremely positive ". " We are delighted to have moved from a transaction fee model to the new subscription model. "Heather Allegrina, Global Travel Manager at ServiceNow, was quoted by CWT as saying. " This significantly reduces administrative hassle. As a fast-growing global business, it gives us the flexibility and reliability to quickly and easily forecast and measure our investment in travel to support our expansion strategy. "says Heather Allegrina.