Saving half a million dollars — in six months

Customer

NASDAQ OMX is the world’s largest exchange company. It delivers trading services and capital-raising solutions to 3,600 companies around the globe.

Challenge

Reduce cost, increase spend visibility, and evolve the travel-management process—for travelers and arrangers—from high-touch personal booking to an effortless online utility, while maintaining all necessary agent support.

Solution

By providing comprehensive visibility into travel spend, Egencia helped NASDAQ OMX successfully complete a dramatic shift in the way employees plan, book, and manage corporate travel—while realizing significant savings. In just six months with Egencia, NASDAQ OMX saved $500,000, increased online adoption by 30 percent, and reduced weekly travel-management time by 50 hours a week.

Future

After the transition, a remarkable 90% of surveyed travelers indicated they would recommend Egencia to a colleague. NASDAQ OMX now relies on Egencia for comprehensive visibility into its travel spend, so it can react quickly to evolving trends and take advantage of fleeting cost-saving opportunities. Egencia’s business travel solutions fuse technology with agent-assisted service to meet the needs of your company. We offer your travelers robust hotel, airline, and rental car deals to book themselves—online, via our app, or with the help of an Egencia Travel Consultant. Read the full story here