Business Travel News | BusinessTravelNews.com

Chauffeured car service supplier BostonCoach on Wednesday launched a reporting tool designed to provide travel managers analysis of their car services spending and usage across their organizations.

The tool, called SmartReports, provides analysis to travel buyers on either a monthly, quarterly or semi-annual basis. It includes an audit report in which buyers can compare actual and quoted prices of car service.

"The audit report is particularly helpful to travel and procurement managers because it helps them ensure that they are only paying for what they agreed upon," BostonCoach CEO Larry Moulter said in a statement. "Testing of the reports over the past year revealed that many companies are spending upwards of 23 percent more than they expect for car service."

Travel buyers can use the tool to note the most frequent users and pickup locations, identify travelers with excessive stop or wait-time charges and see which travelers are incurring multiple cancellation charges.

The tool's launch comes after a year of testing with select buyers, according to BostonCoach. More than 70 companies currently use the tool, Moulter said.