Travel Costs Reduced by Over $100,000 per annum
Expense Category
Travel
Industry Segment
Business Services
Client Overview
Sydney based business services organisation, expanding rapidly through a combination of acquisition and organic growth.
Client’s Goals
Rapid growth demanded a combination of process improvement and the need to ensure that indirect costs are controlled. Procedures and policies were also required to ensure accurate cost centre reporting.
Project Summary
Whilst cost management was the medium term goal, limited reliable base data and the lack of a centralised booking process were seen as immediate issues. An innovative solution, including new interactive booking technology was identified and initially installed on a trial basis, now forming an integral part of the client’s operations.
Outcome
A successful trial of the new systems delivered not only accurate usable data, managed through policy controls, but also identified measurable immediate financial savings. It has enabled the client to ensure that the most cost effective options for each transaction are selected, and in addition an innovative solution has ensured fare savings.
The Client said:
“We and Resources for Profit have had a long successful working relationship. From the very first project they worked on together more than 5 years ago where Resources for Profit were able to substantially reduce our travel costs”
