Keeping track of your business travel spend can be a time-consuming process. By using a Management Information System (MIS) to analyse your expenditure you can quickly and easily manage your spending, and budgets, and analyse trends and savings.
At Meon Valley Travel we use Meon Analytix which allows you to analyse your business travel transactions in numerous ways in almost real-time – all the data is accurate as of midnight the day before.
Generate Real-time Reports Simply
The real benefit of using a system such as Meon Analytix lies in its flexibility, as there are numerous user-friendly and stylish reports which you can customise for your dashboard.
Instead of spending all your time developing reports from scratch, by using an MIS, such as Meon Analytix, you can simply share real data with other members of your team, management, or even global HQ.
Track your real expenditure either globally or locally, subdivided into departments or individual employees. The system is flexible and can be adapted for anyone from the CEO to individual budget holders, so everyone benefits from using a MIS.
Reports can be created from global expenditure to individual transactions so that you can focus on both the wood and the trees.
Breach of Company Policy
Meon Analytix also can help you identify any breaches in company policy. Simply provide your guidelines and these will be fed into the system and flag any breach of protocol. Of course, there might be very good reasons for veering away from policy on an individual basis, such as that last-minute trip to Paris to secure a vital deal, but Meon Analytix will identify repeat offenders.
You can also determine which departments adhere to company policy most, and reward them for their sterling work.
Interact Seamlessly
As reports are generated into editable .pdf and excel files, managers can interrogate the information supplied and flag up comments for further information to be supplied, or suggest alterations. It is as simple as posting a virtual sticky note on someone’s computer.
Nor do you have to be the size of Google or Apple to gain from using an MIS to control your business travel expenditure. Whatever the size of your business, you can benefit from the simplicity and cost savings of using a system such as Meon Analytix, which allows you to focus on your real business.
Real-time CO2 Reporting
Furthermore, Meon Analytix now includes CO2 reporting tools to measure and mitigate the environmental impact of business travel. These tools automatically calculate the carbon footprint of each trip, providing businesses with valuable insights into their environmental impact.
By leveraging CO2 reporting, you can take proactive steps to reduce the environmental footprint while optimising your travel expenses. This approach not only aligns with sustainability goals but also contributes to a more environmentally conscious corporate culture.
Here’s how Meon Analytix and CO2 reporting work together to enhance business travel:
- CO2 emissions calculations: Real-time CO2 reporting tools utilise consolidated travel data to calculate the carbon footprint of each trip. These calculations consider factors such as transportation mode, distance travelled, and vehicle fuel efficiency.
- Visualisations and insights: Meon Analytix system generates customisable dashboards and reports that present the calculated CO2 emissions data clearly and understandably. These visualisations enable you to identify trends and patterns in their travel patterns.
- Sustainability tracking: You can track their progress towards sustainability goals by monitoring your carbon emissions data over time. This data can also be used to identify areas where further improvements can be made.
- Policy compliance and optimisation: Meon Analytix and CO2 reporting can be used to enforce travel policies and identify areas for optimisation. For instance, businesses can implement policies that encourage the use of eco-friendly transportation options.
By embracing Meon Analytix and CO2 reporting, you can achieve a triple bottom line: cost savings, environmental sustainability, and policy compliance. This approach empowers you to operate in a more responsible and environmentally conscious manner, while also optimising your travel expenses and enhancing employee satisfaction. If you want further information on how Meon Analytix can benefit your business, simply contact us today and we can start simplifying your travel plans now.
