Welcome to TCG Consulting's 2nd Quarter 2017 installment of our Newsletter, "Innovation, Ideas, and News".  Enclosed are helpful insights and industry specific content across Corporate Travel, Meetings, Payment and Expense Management, as well as the latest developments and happenings from within our organization.

TCG remains committed to providing superior, transformative strategic advisory support to our clients using our proprietary TCO-TMPE ( SM) approach to drive cost take out, policy compliance, user acceptance, process and workflow efficiencies, program consolidation & integration, supplier and technology strategies, or spend oversight & reporting.

Total Cost of Ownership for Travel, Meetings, Payment & Expense (TCO-TMPE)SM
A Fundamentally Innovative and Disruptive Approach to Program Optimization
How is your program building a long-term strategy to mitigate these trends?
  • Sellers' Market - Can your program absorb an expected 2-4% global cost increase?
  • Lack of Oversight - 11% of spend not using contracted rates; 29% of spend executed outside of policy
  • Diminishing Returns - Mature programs unable to drive incremental sourcing cost take outs
     
  • Hidden Spend - 8-23% of program spend not visible - people, process, technologies
World class programs, whether $1M or $1B in spend, are leveraging TCO-TMPE to convert these issues into opportunities as they integrate and optimize their programs to drive results:

* Cost Take Out & Program Savings
* Superior User Acceptance
* Improved Risk Management
*  Enhanced Reporting & Oversight
* Abillity to quickly scale program
*  Workflow & Process Efficiencies
* Higher Program Compliance
* Effective Integration of Travel, Meetings, Payment & Expense
* Alignment of program strategies to broader company strategic    imperatives

To learn more click here: TCO-TMPE
Executive Briefing:
The Disruptive Approach to Integrating and Optimizing Travel & Expense Management
Market leaders TCG Consulting and Chrome River recently presented an online Executive Briefing which highlighted how world class programs are leveraging TCG's Total Cost of Ownership for Travel, Meetings, Payment & Expense( SM) approach, enabled by Chrome River's leading expense management flexible and customized expense management soluti on, to achieve:
  • Cost take out
  • Improved user experience
  • Streamlined process and workflows
  • Improved program visibility and oversight

Download the Executive Briefing Recording or Request the Presentation.
Executive Briefing: 
Drive New Revenue Streams via Strategic Card Management Services
TCG's most  recent online Executive Briefing event addressed the opportunities in card program management functions. Our session highlights included:
  • Reasons for transitioning Card Management from a tactical function to a strategic priority
     
  • Opportunities for leveraging a Card Program Strategy or Sourcing event to disrupt the status quo by improving and increasing program performance and compliance
     
  • Why current support structures create high levels of redundancy and inefficiency
     
  • How to drive more performance from your program while supporting company priorities, including improved user experience, reduced risk, streamlined workflows and spend visibility, etc.
     
  • Card Program Management as a key driver of a broader integrated and optimized program strategy that enables leveraging a Total Cost of Ownership for Travel Meetings Payment and Expense(SM) model
TCG Launches Newly Enhanced Website
TCG Consulting proudly announces the launch of our recently enhanced website, re-designed to more effectively communicate our company's service offerings in response to the market & clients' needs.

Additionally, the New Site  highlights TCG's innovative value proposition by introducing and leveraging our fundamentally disruptive approach to program optimization - Total Cost of Ownership for Travel, Meetings, Payment and Expense ( SM) .


Executive Briefing:  Mid-East Laptop Ban Impacts & Opportunities
TCG Consulting's Global Air Practice recently developed an Executive Briefing document outlining key considerations for organizations with global air travel programs and the implications and opportunies resulting from the device travel ban for certain Middle Eastern locations.
 
Briefing Details:
  • Summary overview of known ban details
  • Logistical impacts
  • Key linkages and considerations - corporate information security / travel policy / traveler productivity
  • Capacity, fare, contract volume & share impacts and considerations
  • Carrier supply and demand models creating opportunity
  • Potential paths forward
New TCG Associate Introductions
TCG announces the expansion of our PMO office with the recent hire of Mikelle Ives as Project Manager .  Mikelle is a certified Professional in Project Management and maintains a Six Sigma Green Belt certification.

She brings 15+ years of progressive leadership experience having held roles that encompassed process improvement, operations, and functional management with various corporate travel industry leaders and has  extensive expertise with online booking tools, MS Share Point, PPM tools, and multiple GDS systems. 
 
Mikelle is based out of Florida and is an articulate communicator with exceptional interpersonal skills to effectively lead and mobilize cross-functional global teams to accomplish objectives and provide superior 
Project Management support. Welcome Mikelle!
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