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Special Report, Data Management

Data and Travel Policy

Start policy conversations with the right questions – and Phat Data will reveal the answers

Building a data plan that will elevate your travel program as a strategic asset in your organization means putting the wisdom gained from data into action. And that comes from creating travel policy that aligns with your company’s business objectives and at the same time engages travelers.

A key part of building a Phat Data strategy is to be keenly aware of which data elements need to be tracked and what story they will tell the leadership of your company. If we think back, one of the first steps in building a managed travel program is to develop a policy.

Policy is often built on such common metrics as lowest logical airfare, advanced purchase, preferred supplier and the like. The problem with this policy-first approach is that quite often there is not enough data to support the enforcement of the policy. And then the question becomes, do we really need a policy at all?

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