Using data to map your road to recovery
Benchmark, forecast, and plan your return to travel
with our new suite of analytical models
Amid the uncertainty of COVID-19, you need timely, accurate and reliable data to benchmark, forecast, and plan your business’ return to travel. This is where our unparalleled wealth of data and analytics comes in; we can provide you with a real level of insight into changing market conditions and help tackle the uncertainties surrounding COVID-19.
Plan when and how you return to travel with our new suite of analytics models in FCM Connect. Using data from existing global trends, our analytical models provide bespoke data analysis, predictive recovery trends and the essential information you need to re-start your travel programme safely and strategically, including:
- When destinations are expected to reach zero new COVID-19 cases
- Recovery trends
- Guidance if it’s safe to travel
At FCM, we are continuing to find ways to support customers with tangible expectations around returning to a more typical volume of travel. Through our new COVID-19 Recovery Analytics Dashboard, we can help you see into the future by providing meaningful indicators you can utilize to plan for your return to travel.
COVID-19 Recovery Analytics Dashboard
Through advanced data modelling, FCM has created a COVID-19 reporting dashboard that will enable customers to plot their travel programme recovery. The dashboard projects future ticket numbers per month by factoring in the estimated recovery window and the percentage recovery based on historical ticket data. The dashboard also overlays information published by the World Health Organization on coronavirus cases per country and whether they are on an upward or downward curve, providing a consolidated global view to help give insight on region- and country-specific recovery.
The Importance of Recovery Analytics
In planning for the future, our COVID-19 Recovery Analytics dashboard will assist travel managers in showing what an estimated percentage of spend return will look like in ticket volumes per month based on increments of 25%, 50%, or 75%. This analysis can be reported to executive teams to aid in planning future volumes and understanding how best to utilize unused tickets and other resources in the coming months.
This data also supplies you with predictive power for supplier management and negotiations. Since 2020 travel data doesn’t accurately reflect travel volume, you can use the predictive nature of our Recovery Analytics dashboard to supplement your historical travel trends in order to demonstrate your true travel volume and make the most effective case for better negotiated rates and contracts.
In order to access these analytics tools, our account management team will work with you to review the recovery analytics applicable to you, based on your company’s locations and historic ticket volumes in each region and/or country. To learn more about new analytics suite and how it can help guide your return to travel please reach out to your Account Manager or complete the form below.
