CASE STUDY

Biotech Firm Saves $1.1 Million Annually on Travel Spend with OverseeMain Challenges

Main Challenges

The company sought a technology solution to optimize airfare expenses and establish a cohesive business travel approach within the organization.

After careful consideration, the company selected Oversee’s price assurance solution, FareSaver. FareSaver offered the needed transparency into the company’s air spend, as well as automated cost-savings and like-for-like rebookings in line with the company’s overall ethos. 

By maximizing savings, every saved penny could be directed towards drug research, furthering the company’s mission.

The Outcome

During 2019, the biotech company saved over $1.1 million using Oversee’s FareSaver solution. The back-end technology required very little resource allocation from the company and its TMC.

"We are very happy with the savings we are seeing working with Oversee."
Senior Travel Program Manager
Leading biotechnology company

With the assurance that Oversee can ensure transparency and the lowest fares available, the company’s employees are now spending less time shopping for flights and more time focusing on research. If Oversee’s premium price assurance saved just five minutes spent by the company’s staff shopping for the best fares, the biotech company would have saved over 4000 hours in 2019.

Thanks to Oversee’s innovative solution, not only is the customer enjoying transparency around their travel spend but are also achieving significant savings on their travel budget.

Employees of the company are now spending less time shopping for flights and more time focusing on research. If Oversee’s premium price assurance can saved just 5 minutes of time spent by the company’s staff shopping for the best fares, the biotech company would have saved over 4000 hours in 2019.

About Our Customer

Our client is one of the world’s leading biotechnology companies responsible for dozens of vital medicines used globally, which means working closely with academic institutions and research organizations all over the world to discover and develop new technologies and products.

Business Travel Scope

Given this global footprint, scientists and researchers travel the world to bring to fruition the company’s main purpose and goal: to research and develop life-saving products.

Business Travel Scope

Increased efficiency in
travel booking results
in 4000 productive hours saved!

Beyond TEchnology

Oversee’s customer success and product teams have fostered a positive working relationship with their clients, based on trust and mutual understanding. As a result, the solutions provided by Oversee meet the needs of its customers and provide them with tangible benefits. This collaborative approach is a key factor in ensuring long-term customer satisfaction and underscores Oversee’s commitment to delivering quality solutions.

"The account team and product team are willing to listen to earnest feedback to make the end-solution better, and it’s the trust we have that makes this a good, long-term relationship.”
Senior Travel Program Manager
Leading biotechnology company

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