FCM Travel has launched a new data analytics capability that monitors data and alerts travel managers of cost and compliance risks, the travel management company announced.
FCM's Proactive Analytics monitors such data types as hotel spending per city, airline route performance and traveler spend concentration and can deliver insights to clients and account managers quarterly, monthly or weekly. FCM Consulting can help design fixes around data that shows opportunities for improvement, and the TMC plans later to add real-time, trigger-based alerts for the offering, FCM said.
The TMC said Proactive Analytics operates within its governed data environment and will not use client data to train third-party AI models.
FCM said its next data enhancement would be the ability to ask questions of travel data in natural language in AI tools via FCM's Model Context Protocol layer. The TMC also plans to let clients connect travel data to HR, sales and expense data for a more connected data experience.