For Immediate Release
DVI’s Data Visualization Intelligence Suite Integrates Off-Channel Booking Data via Traxo CONNECT, Empowering Companies with Rich Visualization Tools to Manage Program Leakage.
DALLAS and CHICAGO– August 5, 2019 – Traxo, the leader in travel data aggregation and itinerary intelligence, and DVI, the leader in data science and data visualization solutions for corporate travel management, announced today at the Global Business Travel Association (GBTA) annual convention a partnership to integrate off-channel booking data into DVI’s suite of data visualization intelligence tools, enabling powerful insights and proactive spend management capability for mutual corporate clients of Traxo and DVI who struggle with program leakage.
This new integration leverages Traxo CONNECT’s data aggregation platform for automatically capturing critical itinerary and cost details for corporate travel bookings, particularly those “off-channel” bookings made directly with travel suppliers or other online travel agencies (OTAs), which are invisible to traditional travel management (TMC) reporting tools. Companies using Traxo CONNECT to aggregate their corporate travel booking data can now choose to have that data automatically linked to their DVI dashboard, providing instant, detailed visibility into program leakage.
“Partnering with Traxo gives DVI clients instant insights and powerful visualization tools to proactively tackle their program leakage, instead of having to wait for expense reports or credit card data,” noted DVI President, Brian Beard. “This level of real-time visibility empowers travel managers in a whole new way, making travel program compliance tracking, supplier negotiations, and spend management easier than ever.
"One of our goals at DVI is to make access to travel data easier, more efficient and to show the whole spend, not just a portion of travel spend," Beard continued. "The days of using twentieth century reporting technology are numbered. Data was meant to be presented visually and the combination of Traxo and DVI makes this possible."
Traxo Founder and CEO Andres Fabris added, “DVI’s visualization tools provide companies with unparalleled insights into how their corporate travel programs are performing, and now with Traxo’s collaboration we are helping extend those valuable insights to a company’s off-channel spend as well. Integrating program leakage data from Traxo CONNECT into DVI’s suite of reporting tools in real time eliminates the blind spots in a company’s overall business travel spend, empowering travel managers, accounting and financial analysts, and procurement teams to optimize their travel programs and capture incremental savings opportunities.”
Traxo CONNECT clients can enroll with DVI to take advantage of these new data visualization tools for program leakage. For DVI clients interested in capturing program leakage data, they can sign up with Traxo CONNECT.
For more information, visit the Traxo (booth #4109) and DVI (booth #4012) at the GBTA Annual Convention in Chicago, Aug. 4-7 2019. Attendees may also see DVI’s Brian Beard and Traxo’s VP of Sales Chad Costa at the GBTA education session Leakage ROI: New Approach to “Managing” vs. “Solving” Off-Channel Activity, at 10:30am CDT on Tuesday, Aug. 6, where they will speak on a panel highlighting evolving approaches to tackling program leakage, including ROI frameworks, tools and technologies, and travel program design.
Dallas, Texas-based Traxo, Inc. provides itinerary intelligence and travel data aggregation technology solutions to clients across the travel ecosystem. With its industry-leading data aggregation platform, Traxo empowers corporate travel and procurement organizations, travel management companies (TMCs), expense management applications and risk management services to comprehensively track and manage total corporate travel spend activity from end-to-end, regardless of booking channel. With its API-based services, private-label email parsing and data normalization solutions, Traxo provides its clients with the most robust suite of travel data aggregation services on the market. For more information, visit http://www.traxo.com. On Twitter: @Traxo.
DVI is a SaaS-based technology company that utilizes advanced data science techniques to purify disparate travel data, creating impactful visualizations that expedite the analysis of total travel spend and provide a higher level of insight into a corporate travel program or an agency’s total client spend. www.dvibigdata.com On Twitter: @DVIBigData