Align > Control > Predict - Take Action!
DRIVING DOWN YOUR COSTS
Travel and Expense is the 2nd largest area of spend within an organisation and can represent between 2-8% of a company’s revenue. KDS can reduce this cost by up to 25% through policy & process automation, informed cost avoidance and through driving down the cost of all necessary expenditure.
KPI DASHBOARD
THE EXECUTIVE VIEW
The wealth of operational information captured and stored in the KDS integrated Travel & Expense management solution can be summarised in high visibility dashboards containing executive summaries of performance against objective. By using the Executive Suite for Travel and Expense, Travel only or Expense only you receive accurate and timely information on your performance driven by detailed data.
- Align travel & expense with your business objectives – with clear targets
- Control the key performance indicators that give you early warning if you are not performing against expectations
- Predict by forecasting your current spending patterns to understand where you will be at period end
- Action the specific and quantified recommendations to ensure you keep on track.
FORECAST PERFORMANCE
Quickly see the detail about your forecasted outcome – showing where you will be at year end if current spending patterns continue. ForeSight also provides a consolidated list of proposed actions with their quantified impact. Collaborate with the Travel Management function to maximise savings while ensuring business continuity.
The Executive Suite module ForeSight can provide early warning where people, process or policy are impacting your cost cutting objectives. Action plans with quantified impacts can ensure you exceed business targets while maintaining operational efficiency.
GLOBAL VIEW OF SPEND
See how your spend is distributed across the world and with which suppliers. Drill into each country and see information such as the top city pairs and the top city pairs with non-negotiated rates.
SUPPLIER INDEX
COMPLIANCE
Measure and monitor global compliance to your travel and expense policy. Quickly see which groups or individuals are impacting your cost control initiative.
- Track budget performance to address overspend early
- Align business objectives with T&E expenditure to ensure you are getting the most value from your T&E spend
- High visibility on global compliance to ensure your policies are being followed
- Track your T&E process performance to ensure your process is being run as efficiently as possible
- Forecast your performance based on spending patterns to ensure you meet your targets
- Propose specific actions for approval and/or sponsorship with quantified impacts
- Provide the business with the complete picture of the value brought by Travel & Expense
- integrate expense information, based on your spending patterns, at the pre-trip stage to ensure you know the total likely cost before any trip is approved.
KDS Executive Suite – Decision Support for Travel & Expense.
