RS Components maximised their travel budget with the use of corporate reward miles and benefits from payment solutions.
Savings of Over £660,000
RS Components made savings of over £660,000 through the redemption of free flights and hotels using BA Avios and BA On Business reward points, all managed by the Meon Valley Business Travel team working with RS Components travel managers.
Speaking to a real person
RS Components was looking at ways of reducing their travel budget without impacting on the comfort, safety and wellbeing of their personnel. The need for fast and efficient travel solutions meant they required a travel management company to help them deliver the best travel routes and options whenever they picked up the phone.
Points mean prizes
The Meon Valley Business Travel account manager adopted travel reward schemes that could save the company money on travel.
Working with the RS Procurement team we were able to change payment solutions from a credit account. This switch to an ‘American Express BA Corporate Card Plus’ (it’s a mouthful) enabled earning points. These points were accrued on all in-direct purchasing. These accumulated reward points are then redeemed against business travel. To ensure the best use of the points the Meon Valley Business Travel team send suggestions of reward point availability via email to travel bookers to help with free flight redemption. Each individual booking enquiry received by Meon is researched for Air Mile and Avios availability by the travel team.
• Savings of £660,000 through redemption of free flights and hotels using BA Avios and BA On Business reward points, all managed by the Meon RS travel team
• Between 6-8% year on year reduction in travel spend due to the reward schemes
• Improved cash flow for RS with an up to 80 days interest-free credit
• Sourcing and distribution of free flight availability, maximise utilisation of reward flights and an increased awareness of the benefit of booking in advance to reduce costs