{"id":125841,"date":"2022-05-31T12:13:06","date_gmt":"2022-05-31T10:13:06","guid":{"rendered":"https:\/\/www.voyages-d-affaires.com\/?p=125841"},"modified":"2022-10-14T15:40:38","modified_gmt":"2022-10-14T13:40:38","slug":"cwt-transaction-subscription","status":"publish","type":"post","link":"https:\/\/www.voyages-d-affaires.com\/en\/cwt-transaction-subscription","title":{"rendered":"CWT switches to a subscription system"},"content":{"rendered":"<div class=\"vapo-snippet automatic\">\n<p>After several difficult months, <strong>CWT<\/strong> is raising its head and preparing for the future. A future based on a <strong>new remuneration model<\/strong>with TMC announcing <strong>31 May<\/strong> switch to a subscription system. CWT promises its customers <em>simple, transparent pricing and invoicing<\/em> \"thanks to <em>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<\/em> \".<\/p>\n<p>However, these subscription fees will vary from customer to customer...<\/p>\n<\/div>\n<div class=\"vapo-content\" style=\"display:none\"><p>After several difficult months, <strong>CWT<\/strong> is raising its head and preparing for the future. A future based on a <strong>new remuneration model<\/strong>with TMC announcing <strong>31 May<\/strong> switch to a subscription system. CWT promises its customers <em>simple, transparent pricing and invoicing<\/em> \"thanks to <em>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<\/em> \".<\/p>\n<p>However, these subscription fees will vary from one customer to another, depending in particular on the <strong>volume of transactions<\/strong> covered by the business travel agency, and of the more or less regular use of <strong>value-added services<\/strong>. What's more, CWT customers will be able to adapt their contract to suit their needs, to cover new services or, conversely, to 'downsize'.<\/p>\n<blockquote><p>streamline our customers' pricing and invoicing processes<\/p><\/blockquote>\n<p>The transaction fee is a thing of the past, saving time and money in the process, according to TMC: \" <em>This new pricing structure will not only <strong>streamline pricing and invoicing processes<\/strong> our customers, but also to offer them the best <strong>integrated discounts<\/strong> <strong>on volume<\/strong> that are not inherent to the transaction fee model<\/em> \"Brady Jensen, CWT's Vice President Finance and Head of Global Pricing. \" <em>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.<\/em> \"he continues.<\/p>\n    <style>\n        div.link-block {\n            margin: 1em;\n            margin-left: 2px;\n            font-weight: bold;\n            padding: 1em;\n            position: relative;\n            border-top: 1px solid #cecece;\n            border-bottom: 1px solid #cecece;\n            font-size: 1.15rem;\n        } \n        div.link-block::before {\n            display: block;\n            content: '';\n            position: absolute;\n            top: 0.5em;\n            bottom: 0.5em;\n            left: -2px;\n            background-color: #a91c2c;\n            border-radius: 2.5px;\n            width: 5px;\n        }\n        div.link-block > a {\n            text-decoration: none;\n            border-bottom: none;\n            color: black;\n            font-family: 'Roboto', Arial, sans-serif;\n        }\n        div.link-block > a:hover {\n            text-decoration: underline;\n            border-bottom: none;\n            color: black;\n        }\n        @media only screen and (max-width: 600px) {\n            div.link-block {\n                padding: 0.7em;\n            }\n        }\n    <\/style>\n    <div class=\"link-block\"><a href=\"https:\/\/www.voyages-d-affaires.com\/en\/train-reservations-for-mycwt-cars\">Read also: Train and car reservations now available on myCWT<\/a><\/div>\n<p>The switch to the subscription model takes place after <strong>several months of testing<\/strong> with a sample of customers, with, according to TMC, a <strong>back \" <em>extremely positive<\/em> \"<\/strong>. \" <em>We are delighted to have moved from a transaction fee model to the new subscription model.<\/em> \"Heather Allegrina, Global Travel Manager at ServiceNow, was quoted by CWT as saying. \" <em>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.<\/em> \"says Heather Allegrina.<\/p>\n<\/div>\n<div class=\"vapo-widget\"><\/div>","protected":false},"excerpt":{"rendered":"<p>CWT is changing its business model, abandoning the transaction fee in favour of a subscription system designed to simplify billing for TMC customers.<\/p>","protected":false},"author":17,"featured_media":125845,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[77],"tags":[1929,2067],"type-darticle":[52],"n_magazine":[],"class_list":["post-125841","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-agences","tag-travel-manager","tag-tmc","type-darticle-breve","vapo-premium"],"acf":[],"yoast_head":"<!-- This site is optimized with the 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