AMERICAN EXPRESS BUSINESS TRAVEL INTRODUCES NEXT GENERATION MANAGEMENT INFORMATION REPORTING SOLUTION Establishes new Management Information practice within Advisory Services group Boston, MA, July 24, 2007 -- Speaking from the 39th annual National Business Travel Association (NBTA) International Convention, American Express Business Travel today unveiled its new Web-based management information (MI) data reporting solution, American Express AXIS @ Work. American Express also introduced a new Management Information practice area within its Advisory Services group. American Express AXIS @ Work draws in and unifies information from more than 60 critical global business markets to present corporate travel purchasers and managers with centralized, online access to the comprehensive data resulting from their firms' business expenditures. The new American Express AXIS @ Work builds on and advances its predecessor solution (known as American Express @ Work Reporting) with enhanced user navigation and MI reporting capabilities such as:
"Accessible, accurate management information is a table stake clients tell us they must have to meet the twin goals of program savings and control. The data itself must be comprehensive and of the highest-quality, but when reported, it must lead them to the most relevant business insight, at-a-glance," said Andrew J. McGraw, Senior Vice President and General Manager, American Express Business Travel North America. "With its intuitive navigation, graphic dashboards, and standard and customizable reports, American Express AXIS @ Work channels our global data into actionable data, helping clients to more quickly pinpoint opportunities for program improvement." McGraw added, "American Express AXIS @ Work represents a step change technological leap in how we will help our clients with spend analysis, preferred supplier management, travel policy effectiveness and traveler purchasing compliance." American Express AXIS @ Work, will be made available globally and rolled-out over the coming months. Further capabilities are anticipated such as for Meetings Management and Environmental (also known as "Eco") reporting. The Eco-reporting facet, for example, envisions carbon footprint and emissions calculation for air, rail and car travel. New American Express Advisory Services MI Practice Area About American Express Business Travel American Express operates one of the world's largest travel agency networks with over 2,200 travel service locations in over 140 countries and territories worldwide. The Company processed $21.8 billion in global travel sales in 2006. American Express Company (www.americanexpress.com) is a diversified worldwide travel, financial and network services company founded in 1850. It is a world leader in charge and credit cards, Travelers Cheques, travel, business services and international banking. Contacts: Tracy Paurowski 212.640.8409 tracy.j.paurowski@aexp.com |