Industry Insights

Energy companies may be missing out

Jeff Williams

January 19, 2023

With Travel & Expense being one of the biggest strains on an organization's budget, now more than ever is the time to review your travel costs. Energy companies face unique challenges: remote site visits, last-minute travel to rigs and facilities, complex crew rotations, and travel to often underserved destinations.

Unique challenges in energy travel

Energy companies frequently need to move large numbers of workers to remote locations on tight timelines. Traditional corporate travel solutions often fall short because they're designed for standard business travel patterns — scheduled meetings, conferences, and client visits.

Where savings hide

Our analysis of energy sector travel programs reveals several common areas where costs leak: unused ticket credits that expire untracked, hotel rate opportunities in markets where companies have consistent presence, and ground transportation inefficiencies.

A better approach

ITS works with several major energy companies to optimize their travel programs. Our platform handles the complexity of crew logistics, including charter coordination, remote site accommodations, and safety-first booking policies.

Energy companies that partner with ITS typically see 15-25% reductions in overall travel spend within the first year, primarily through better rate negotiation, unused ticket recovery, and policy compliance improvements.

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