9 January 2014
ARC said that it has moved FareSight, the company´s web-based tool for corporate air travel optimization, to general availability status, as a result of a successful beta program, which involved more than a dozen corporate travel managers.
FareSight accesses current and historic ARC data directly related to a travel manager´s particular organization, and provides an analysis of their company´s air travel patterns and spending. The tool also compares the company´s average ticket price for any origin and destination with the overall market.
Corporate travel consultants and finance managers can harness FareSight´s power to monitor and adjust corporate air travel policies, audit and negotiate airline ticket rates, and identify potential cost savings. FareSight can also help corporate travel managers profile travellers´ preferences based on actual travel — not just preference surveys or policy compliance.
More FareSight information is located at http://www.arccorp.com/faresight.
ARC powers the US-based travel industry with premier business solutions, travel agency accreditation services, process and financial management tools, and powerful data analytics. Established in 1984, ARC is headquartered in Arlington, Va. For more information, visit www.arccorp.com.