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Financial Services

Reducing Travel Spend by 31%: An Enterprise Success Story

A Fortune 500 financial services firm consolidated its fragmented global travel program with Atlas Travel, achieving a 31% reduction in total travel spend while improving policy compliance to 98% and maintaining a 4.8/5 traveler satisfaction rating.

The Challenge

This global financial services firm with over 12,000 employees across 40 offices was managing travel through a patchwork of regional agencies, direct bookings, and employee-managed arrangements. The result was a travel program with virtually no centralized visibility — the CFO's office estimated annual travel spend at somewhere between $28 million and $35 million, but could not provide a precise figure because data was scattered across dozens of systems and expense reports.

Policy compliance was below 55%, driven by a combination of an outdated travel policy that had not been updated in seven years, booking tools that travelers found frustrating to use, and a culture where senior leaders routinely booked outside the system without consequence.

The Solution

Atlas designed a phased consolidation strategy that migrated all regions onto a single managed platform over 120 days, minimizing disruption while establishing centralized control. The first phase focused on data capture — routing all bookings through Atlas's platform to establish a baseline of actual travel patterns and spend.

Atlas then worked with the client's HR and legal teams to redesign the travel policy, replacing the seven-year-old document with a modern, behavior-based policy that used incentives rather than restrictions to drive compliance.

The Results

31%
Reduction in travel spend
98%
Policy compliance rate
4.8/5
Traveler satisfaction

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