Solution said to ‘transform’ how companies manage policies
Executive Travel, a TMC, announced the launch of ETPolicy IQ, an AI-driven tool that the company said “is set to transform how companies manage and enforce corporate travel policies.” Jennifer Belt, president, said, “With ETPolicy IQ, we’re bringing intelligence and simplicity to an area that has long frustrated both employees and travel managers.” By making travel policies more accessible and actionable, she said, “we help companies improve compliance, control costs and enhance the overall travel experience.”
ETPolicy IQ is designed to simplify, streamline and strengthen corporate travel programs through intelligent automation and real-time guidance, according to the announcement. The platform, said the announcement, features two powerful innovations:
1. Instant travel policy guidance for employees: With ETPolicy IQ, companies can embed their travel policies directly into the private AI engine. Employees can ask natural-language questions such as “Can I book premium economy for international flights?” or “Do I need pre-approval for a rental car?” and receive instant, clear answers. This eliminates confusion, reduces unnecessary emails to travel managers and minimizes policy violations — saving organizations time and money.
2. AI-Driven Policy Assessment and Scoring: ETPolicy IQ also evaluates and grades a company’s travel policy for clarity, completeness and compliance readiness. Using AI, the system analyzes critical components, including booking procedures, preferred suppliers, approval workflows, expense management rules and duty of care provisions. It then provides a simple letter-grade score along with a detailed diagnostic report outlining strengths, weaknesses and specific recommendations for improvement.
ETPolicy IQ, said the announcement, empowers travel managers to:
- Identify gaps and outdated policy elements instantly
- Benchmark policies against industry best practices
- Gain actionable insights to boost compliance and cost savings
- Present clear, data-backed improvements to executives and stakeholders