Traxo, the corporate travel data capture and pre-trip auditing provider, announced an expanded commercial relationship with ZS, a professional services company with more than 25 offices in 14 countries. ZS, whose corporate travel department has been a Traxo customer since 2017, is now launching "ZS Connections," a new travel and expense analytics solution for the corporate travel industry. The solution brings together all the data associated with meetings and travel programs to allow travel and meetings managers to more efficiently organize and leverage company travel data rather than spending time managing multiple spreadsheets. As a result of the Traxo and ZS Connections alliance, corporate travel managers can now:
• aggregate total spend by travel supplier for better rate negotiations and rebates;
• identify travel program leakage pre-trip, in order to develop processes that drive increased adherence to their corporate travel policy;
• analyze costs by department or cost center;
• and communicate overall performance to corporate leadership while providing the flexibility to dive deep for data insights.
Andre Fabris, CEO of Traxo, said any sophisticated business intelligence tool is significantly impaired unless it can evaluate and track essentially all travel purchasing. As a result of the new partnership with ZS, he said, “this unique travel and meetings solution can accomplish this goal and more, empowering travel managers, accounting and financial analysts, and procurement teams to optimize their travel programs and capture incremental savings opportunities.”