Business Travel Tips

American Express Business Travel announced it will be launching its Intelligent Online Marketplace (AXIOM) for travel and related business services in the UK later this year.

This Web-based marketplace, launched in January 2007 in the United States, brings together inventory from more than 135,000 suppliers to provide an industry leading one-stop-shop, where employees can find, purchase and manage both traditional travel, flights, hotel stays and car rentals, and other services, such as airport parking, dining, ground transportation, package shipping and audio conferencing.

AXIOM aims to give companies the control over unmanaged expenses which, according to American Express, can account for 49 percent of all travel and entertainment costs, the other half being from managed expenses such as air, hotel and car. (source)

By aggregating thousands of suppliers in one online shopping environment, AXIOM helps travel managers and procurement managers strategically source secondary corporate services in addition to the traditional sourcing of fares, room nights and rentals.
Business services suppliers through AXIOM will be able to directly offer their services to clients of American Express Business Travel.