Travel Management: Mining Big Value From Small Data

The seventh China international financial leaders summit was held in Beijing.

The theme of this annual meeting is "smart finance" in the era of big data, attracting CFO and CFO from over 400 well-known enterprises.

Mr. Zhang Liesheng, an online director of the Treasury, and Mr. CFO Cao Yisheng of Delhi group, Mr. Liu Lijun, vice president of China Minmetals Economic Research Institute, Mr. CFO Li Jinming of Qi Zheng Tibetan medicine, Mrs. CFO Liu Xianna of Amazon China, and Mr. Wu Hui Feng of Dong'e donkey hide gelatin CFO, have discussed in depth the application of big data in optimizing management structure and avoiding business risks.

The true value of big data is based on two points: non fragmented comprehensive data and accurate data analysis and research.

Without any of these two points, big data can not achieve maximum value.

At present, the reality of many enterprises is that their own business data are fragmented, or data accuracy and integrity is not enough, or even no data available.

"When the enterprise's own small data is not yet complete, let alone big data."

Mr. Zhang Liesheng, director of the Treasury, pointed out.

Treasure house online is China's leading business travel costs and

Management experts, through end to end travel expenses and process management tools, efficient and convenient travel supply chain management tools, neutral pparent travel trading platform, flexible and convenient travel payment platform, visualization of travel clearinghouse, complete and multi-dimensional travel data center, enterprise administrative service sharing center, to provide comprehensive travel management capabilities for enterprises.

Mr. Zhang Liesheng shared the importance of data for internal management, taking the online business practice of the treasury as an example: "travel seems to be a small part of the enterprise's operating expenses. In fact, the total travel expenses of Chinese enterprises have reached 2 trillion yuan per year, accounting for 24% of the total operating costs of Chinese enterprises, and become the second largest controllable costs of enterprises.

If you save 1%, you can save 20 billion yuan. "

Because

Incomplete, non real time, opaque, enterprises can not fully understand the company's travel situation, blind budget arrangements, business and travel cost management decentralized, inadequate supervision of suppliers, resulting in weak risk control, frequent irregularities.

After the management of the travel management technology platform, all processes, pactions and management functions are completed coherently through the platform, and the information is linked up, unanimously and completely. All the travel data are automatically collected and system traces are maintained, thus providing an assistant and basis for the enterprise to optimize its management decisions.

Subsequently, Mr. Zhang Liesheng explained how big data helped enterprises optimize their decisions through a case study of Yaxin technology.

"AsiaInfo science and technology did not undertake big data analysis before travel. In order to avoid changing the cost, employees were scheduled to pay full price tickets.

Through in-depth analysis of the data of the sub messenger brigade, the treasure house found that if the staff ordered all the discount tickets, the total travel cost would still be lower than the full fare fare even if there was a refund fee.

Nowadays, the unified ordering of discount tickets has greatly saved travel expenses.

"Looking at all successful cases is not just data for data, but rational use, feed back business.

Only in this way, can big data become a powerful weapon and realize the empowerment of big data.

about

Treasure house online is China's leading enterprise travel cost and supply chain management expert, through cloud based multi terminal SaaS application, to provide enterprises with seven major capabilities such as travel expenses and process management tools, supply chain management tools, travel trading platform, payment platform, clearing center, data collection and analysis, and administrative service sharing center.

Bao Treasury online helps enterprises to improve the ability of multi supplier management, internal process management, cost and reimbursement management, centralized purchase and unified payment, and solve the difficult problems of enterprise travel supplier management, price opaque, complex process, low efficiency and huge waste. It helps enterprises to liberate administrative, financial, business and other related departments from pactional work to better reflect post value, and make enterprises truly realize one-stop and end-to-end closed loop travel management.

The treasure house can also conduct deep excavation and intelligent analysis of the travel data of enterprises, help enterprises introduce the best practice of travel management, and optimize the travel system and decision-making.

For more information, please pay attention to the world clothing shoes and hats and Internet cafes.