ARC announced that is has made its FareSight solution available to all corporate travel managers, regardless of whether their organization is ARC accredited, has a dedicated ARC number through its travel management company, or books air travel independently.
FareSight aims to help corporate travel managers with their air travel policies by using current and historic ARC data, related to their individual organizations. The tool analyzes a company’s air travel patterns, travel spending and average ticket price and benchmarks those factors against both the corporate segment and the entire market. FareSight also allows corporate travel managers to profile travelers’ behaviors based on actual ticket travel, measure airline contract performance and understand their current market share.
"Since we launched FareSight earlier this year, corporate travel managers representing companies that do not have an ARC number showed a strong desire to see how their programs compare to the industry," said Doug Mangold, ARC's managing director of product management. "Based on this feedback, we're very happy to make FareSight available to help them maximize their company's air travel. We're now boarding all companies!"
ARC’s FareSight solution will be demonstrated in ARC’s booth at the 2014 Global Business Travel Association (GBTA) Convention next month in Los Angeles.