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ITEM provides corporations with a powerful tool for T&E expense reduction: employee incentives. ITEM utilizes both market data and client travel policies to set appropriate travel cost targets for business destinations. Cost targets are set for airfare, hotels, meals, and incidental expenses. When an employee keeps costs for a trip below target, they receive an incentive reward.

For example, an employee normally flies from New York to London for $3000 on business class. If presented with the option of getting 20% of savings, most employees would opt for a $500 economy ticket, saving the company $2000 and netting a $500 incentive! Another employee on a 10 week project saves $20/day by cutting hotel and meal expenses. This reduces project costs by $1000, saving the company $800 and netting the employee $200.

Just as performance bonuses drive employees to do their job more effectively, cost target incentives will drive employees to reduce T&E spending. ITEM can manage and implement this process for your organization today.

How ITEM Works:

Key Benefits:

• Delivers hard cost savings that have an immediate impact on the bottom line
• Provides instant ROI, since GxWorks charges only a percentage of cost savings
• ITEM incentives improve morale by giving employees a direct interest in controlling costs