MasterCard Worldwide announced a new online diagnostic tool for benchmarking travel purchasing, fleet and multi-card programs

. "Most card programs have a lot of room for improvement, and as a result, organizations are missing out on millions of dollars in potential savings," said Marcie Verdin, MasterCard Worldwide group head of commercial payments. "Our research shows that companies could save an average of 9 percent of their overall T&E budget through improvements in policy enforcement and better leveraging of travel data in vendor negotiations."