Incentivized Travel Expense Management (ITEM): Key Features
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- Reduces T&E Expenses
Employees are incentivized to spend less, quickly lowering costs by 10-20%.
- No Upfront Licensing Fees
ITEM fees are calculated as a percentage of clients' savings, so ROI is positive from day one.
- Complements Existing Travel Programs
ITEM complements existing travel programs by rewarding only incremental savings.
ITEM can also be used to increase compliance by rewarding only those employees that follow all corporate travel policies.
- Reduces Costs While Raising Morale
ITEM incentives improve morale by rewarding employees that effectively control costs.
- Monetary and Non-Monetary Rewards
Both monetary rewards and non-monetary rewards like airline miles are supported by ITEM.
- GxWorks Handles Reward Distribution
ITEM's monetary rewards can be implemented without integrating with or modifying payroll,
since GxWorks handles all reward distribution and tax filings.
- Sophisticated Incentive Targeting Process
Incentive targets can be set using market data, client travel policy guidelines,
or historical client spending patterns. Separate targets can be set for different divisions,
groups, or projects within a company.
- Reporting & Analytics
ITEM Reporting & Analytics enables travel managers to determine how users and divisions
are performing against incentive targets. Cost savings are broken out by company division,
individual, expense type, and destination, enabling travel managers to pinpoint cost drivers.
- Integration Capabilities
ITEM J2EE underpinnings provide web services, messaging and ETL integration into existing
T&E systems. Integration eliminates double entry of data and reduces program overhead.
- Flexible Approval Workflow
Flexible online approvals workflow allow for multiple approvers, and can be
adapted to fit any company's T&E approval process.
- Multiple Deployment Options
ITEM is available as both a hosted internet-based solution and as a packaged solution
that can be installed on a client's intranet.
- GxWorks Audit Services
GxWorks provides audit services to eliminate potential employee abuse of the incentive program.
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