UTRECHT, The Netherlands, August 10, 2022 – BCD Travel, a leading travel management company, has announced extension of its collaboration with Oversee leveraging its cutting-edge technology and artificial intelligence to power their Air Price Assurance (APA) solution. Through Oversee’s extensive global automated GDS coverage, BCD aims to offer Air Price Assurance across its entire client base, enabling substantial savings on business travel expenses.
BCD’s Air Price Assurance, powered by Oversee, employs predictive algorithms to anticipate fare adjustments and automatically cancels and rebooks tickets at lower rates. The Air Price Assurance solution helps save time and generates savings up to 4.8% of overall air spend with zero disruption to travelers.
The expansion of BCD’s strategic partnership with Oversee, available via the SolutionSource® marketplace since 2018, underscores the value delivered to BCD’s customers. Oversee’s real-time price monitoring engine has consistently delivered significant savings, aligning with BCD’s commitment to driving digital innovation in travel management.
“Automated price assurance is critical to an effective digital booking strategy,” said Yannis Karmis, senior vice president of Product Planning and Development at BCD Travel. “For several years, BCD customers using Oversee re-shopping technology through our partner marketplace have realized substantial savings with no disruption to travelers. We want to pass those savings on to all our customers as a standard offering. With unmatched savings, ease of use, and seamless implementation, we recognize Oversee’s solution as best-in-class and the type of technology we look for when choosing partners to complement our core investments.”
As airfare costs continue to rise, BCD’s partnership with Oversee is well-positioned to make an immediate, positive impact on customers’ air spending through quick implementation with no onboarding or maintenance fees, further advancing BCD’s strong reputation for leading the digital transformation of travel management.
“We’ve been vocal about our mission to bring innovative technology to the travel industry that enables business travel managers and TMCs alike,” said Aviel Siman Tov, Founder & CEO of Oversee. “We applaud BCD for its ongoing commitment to empowering its customers and complementing its excellent service and teams with technology. Strong partnerships, the ability to white-label our solutions, and our enterprise-ready, scalable technology are all key to driving change. We look forward to deepening our relationship with BCD and bringing tangible value and outstanding saving results to BCD customers.”
The phased, broad rollout started in the U.S. in the third quarter. Additional countries will go live throughout 2022 and 2023.
About BCD Travel
BCD Travel helps companies make the most of what they spend on travel. We give travelers innovative tools that keep them safe and productive and help them make good choices on the road. We partner with travel and procurement leaders to simplify the complexities of business travel, drive savings and satisfaction, and move whole companies toward their goals. In short, we help our clients travel smart and achieve more. We make this happen in 106 countries with a global client retention rate of 97%, the highest in the industry. For more information, visit www.bcdtravel.com.
About BCD Group
BCD Group is a market leader in the travel industry. The privately owned company was founded in 1975 by John Fentener van Vlissingen and consists of BCD Travel (global corporate travel management and its subsidiary BCD Meetings & Events, global meetings and events agency) and Park ‘N Fly (off-airport parking). For more information, visit www.bcdgroup.com.
Press contact
Janneke Kraanen
BCD Travel
[email protected]
ABOUT OVERSEE
Oversee (formerly FairFly) is the leading provider of Travel Spend Optimization, serving 29 of the Fortune 100, 86 of the Fortune 500, and 38 of BTN Corporate Travel 100 companies worldwide.
For nearly a decade, customers have relied on Oversee’s AI-powered air & hotel travel price assurance and travel data analytics to optimize their travel program, supplier relations, and travel spend, seizing exceptional savings and increasing their return on travel investment.
Oversee also offers dedicated solutions for travel agencies, TMCs, and OTAs to boost automation, optimize business processes, and increase profitability.
PRESS CONTACT
Dr. Ursula Ron
Director of Marketing
[email protected]
