Using data to map your road to recovery

Data analytics cutting business travel costs

Amid the uncertainty of COVID-19 and subsequent travel restrictions, we at FCM 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
COVID-19 Recovery Analytics Dashboard

Through advanced data modeling, FCM has created a COVID-19 reporting dashboard that will enable customers to plot their travel program 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.

The Importance of Recovery Analytics

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 this valuable data, 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 this tool and how it can help guide your return to travel please reach out to your Account Manager or complete the form below.

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Secure

When a crisis occurs, it’s important to know quickly that your travelers are safe. FCM's Secure is dedicated to providing you with the support you need to execute a thorough and effective risk management strategy. And most importantly, the peace of mind to ensure your global travel programme is a strong one.

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