Conjure up corporate travel insights with supernatural analytics
BOO! Are you frightened by poor travel data management? The scariest thing about corporate travel isn't just ghostly delays or spooky budget overruns; it's the lurking fear of untrustworthy data that could lead to costly decisions.
By harnessing the power of sweet travel and expense (T&E) data, you can optimize your travel program, pinpoint inefficiencies, and fine-tune your strategies for success. But beware—data poltergeists can prank your insights, skewing accuracy and leading to costly mistakes. With FCM’s AI-powered reporting & analytics in your hands, however, you hold the flashlight that reveals the complete picture of your program’s past, present, and future, ensuring your corporate travel management is always one step ahead.
Scrying the unpredictable
While predictive analytics are powerful, even the most advanced algorithms can’t foresee every trick or treat. From sudden storms that leave travelers grounded to unexpected pickpocketing incidents, unforeseen circumstances can strike at any time. This is where timely analytics become a lifesaver. With FCM, you won’t need to dig through reports to find out who’s affected. Simply ask and see—then drill down into details to understand which travelers are involved, their flight numbers, or even who is currently in a specific country.
Reading the signs of flight delays
With FCM’s risk analytics, you can peer into the future of your travel plans up to ten days before takeoff. The Platform’s risk index uses real-time data to monitor wicked weather patterns and frightful flight delay information, showing you what to expect. A color-coded system lets you gauge the likelihood of dreadful delays—green signals all clear, while red indicates trouble ahead. Drill down into each flight to see who’s traveling and when, then notify travelers to keep them in the loop.
![Crystal ball with SAM :]](/sites/default/files/styles/small/public/fcm-hw-xrystalball-sam-chat.png?itok=OeCnZttK)
Consult your crystal ball
Have a burning travel data question? Turn to your personal fortune teller, FCM AI Reporting. It works like a mystical crystal ball, using natural language search to answer queries. You can ask anything from “What is my hotel spend variance year-over-year?” to “What’s the average carbon footprint of my air travel?” and get instant, straightforward answers. The Platform’s ability to generate custom reports guarantees that you’ll always have the insights you need, whether you’re in the middle of a high-stakes executive meeting or quickly responding to a critical incident.
Speaking of witch…
Policy simulator: Tarot cards not required
When procurement comes knocking asking to cut costs, FCM’s policy simulator is here to work its magic. It provides “what if” analyses that let you visualize the effects of adjustments, such as changing the minimum miles for flight upgrades or applying different hotel budget caps. You can even hide hotels that exceed your budget or highlight the ones that meet your criteria. With spell-binding data-driven visualizations, there’s no need to rely on tarot cards to predict the outcome—FCM has you covered.
Foretelling the future
The otherworldly power of predictive analytics doesn’t stop at identifying past trends—it can unveil the future. You can anticipate fluctuations and develop an optimal pricing strategy by tracking, indexing, and analyzing prices. Predictive analytics also helps you understand traveler behavior, revealing patterns in decision-making that allow you to reduce friction and deliver a more personalized travel experience. An example would be if an organization has a frequent traveler who spends half of the year on the road - it is essential to understand the stress they are under due to that travel. You don’t want to create a horrifying high-turnover situation with your well-traveled employees.
It's not a bunch of hocus pocus
Double, double, toil, and travel… when it comes to managing data, a little AI magic goes a long way! Ready to see the future of your travel program? Book a demo today and start brewing up the insights that will transform your travel management strategy.