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Sabre Travel Network, GetThere Highlight Shift to Procurement Practices in Travel Management


28/08/2008 13:06 
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Texas, Aug 28, 2008 Combining input from corporate travel managers with industry expertise Sabre Travel Network, GetThere and PhoCusWright announced new research available to corporations and travel management companies presented in their newest whitepaper, The Changing Role of Travel Management. With the expectations of corporate financial officers evolving, this research addresses the knowledge, skills and experience required of business travel procurement professionals now and in the foreseeable future.
PhoCusWright analyst Norm Rose, along with Denise Beckmann from GetThere and Shelly Terry from Sabre, will host a free Webinar for travel industry professionals on Sept. 4 at 1 p.m. Eastern. Individuals can register for the webinar at http://www.sabretravelnetwork.com/changingrole.
In their roles advising and providing solutions to corporate travel managers and agencies, Sabre and GetThere recognize that travel professionals need to quickly and accurately translate data and cost savings metrics in corporate measurement terms. After extensive interviews and research with a variety of corporate clients, PhoCusWright, an industry leading researcher, has also noted this growing trend within corporate procurement. These trends are addressed in the whitepaper, as well as the need for travel departments to integrate standard procurement metrics, benchmarking and scorecards into their operations.
Additional insights provided within the whitepaper are:
-- Understanding unique metrics in travel that make it unlike other standard corporate procurement items
-- Evaluating pros and cons of outsourcing corporate travel services
-- Evaluating global technology solutions for a consistent travel strategy
-- Learning purchasing and finance practices for better alignment with corporate management
-- Helping procurement and finance specialists need to understand about the travel industry, beyond price evaluation
Leveraging the expertise of their analysts, PhoCusWright details not only their methodology and findings, but also illustrates recommendations for travel professionals on how they can best utilize procurement practices to shape policy and demonstrate their value to internal executives and corporate clients. Interested travel managers, corporations and agents can download the study at no cost, and sign up for an informative web cast on The Changing Role of Travel Management at http://www.sabretravelnetwork.com/changingrole.
About Sabre Travel Network - Sabre Travel Network, a Sabre Holdings company, provides the most comprehensive travel procurement solutions for corporate travel and end-to-end solutions for leisure travel. The Sabre GDS is the foundation for these solutions, providing a ready-built efficient marketplace that connects travel suppliers, including hundreds of airlines and thousands of hotels, with more than 55,000 travel agency locations. Currently, Sabre collectively handles over 70 percent of the BTN 100 bookings.
Sabre Holdings connects people with the world's greatest travel possibilities by retailing travel products and providing distribution and technology solutions for the travel industry. More information about Sabre Holdings is available at http://www.sabre-holdings.com.

Source: Business wire, http://www.marketwatch.com

 
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