American Express Business Travel Offers New Whitepapers

Dublin, Jun 20, 2008 (M2 PRESSWIRE via COMTEX) -- MOT | Quote | Chart | News | PowerRating -- American Express Business Travel, a company providing business travel management solutions, announced that it has released two whitepapers demonstrating how customers can reduce indirect spending by purchasing an expanded set of business services online through the American Express Intelligent Online Marketplace (AXIOM).

American Express Business Travel said the whitepapers detail how AXIOM, the online booking solution for travel and related services, enabled Motorola, the wireless and broadband communication leader, to save 19 percent on desktop shipping and Senior Lifestyle, a large senior living operator, to realize significant cost reductions in both audio and web conferencing.

Powered by Foster City, Calif-based Rearden Commerce, American Express Business Travel said AXIOM is a corporate solution that combines the benefits of traditional online travel booking with a broad range of additional travel and business services on one platform. Extending far beyond arranging for airline tickets, rental cars and hotel rooms, AXIOM brings together more than 137,000 suppliers of travel, business and entertainment services including airport parking, ground transportation, dining, event tickets, shipping, car service and audio and web conferencing, that would otherwise go unmanaged. Since its launch, more than 1,500 customers have signed on to AXIOM.

The bottom-line pressure in the current economic environment is creating increased scrutiny on both employee productivity and budgets for travel and related business services," said Andrew McGraw, senior vice president and general manager, Worldwide Sales, American Express Business Travel. Unmanaged spending in extended categories such as event ticketing, package shipping and car service accounts for up to fifty percent of a company s travel and entertainment investment. The solution to addressing this spending is AXIOM. Functioning as a personal assistant, AXIOM creates significant value for businesses by expanding visibility, control and transparency well beyond the traditional travel categories of air, car and hotel booking. As corporations focus increasingly on efficiency and policy compliance, AXIOM is a powerful new tool for reducing costs and making the most of every T&E dollar."

American Express Business Travel stated Motorola saved nearly a fifth of its annual desktop shipping costs by providing employees a more convenient way to ship packages. AXIOM expanded visibility into Motorola s shipping costs, allowing the company to set and manage shipping policies at the point of purchase and increasing compliance with preferred carriers and negotiated rates. AXIOM automatically provided delivery updates to employees and synchronized with employee address books to decrease errors in delivery addresses.

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