While a large majority of travel managers (64%) suffer from a lack of data for calculating the total cost of a business trip - according to a GBTA-CWT survey - Carlson Wagonlit Travel reacts. The business travel agency announced on 31 July the launch of a new solution, called CWT Travel Consolidator. This online platform targets hidden costs business travel and off-channel expenditure. CWT Travel Consolidator draws on transactions identified by the company's credit card data, expense claim management system and HR data. The data is then processed by the tool's algorithms, enabling travel managers to save time in identifying savings levers. According to Christophe RenardVice-President of CWT Solutions Group, " CWT Travel Consolidator provides this visibility and allows you tosave up to 7 % on travel expenses ".
