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ACTE Panel Discussion

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What advice do you have for those Corporates Buyers that do not? ... What advice can you give to your sector and to the Corporate Buyers to improve ... – PowerPoint PPT presentation

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Title: ACTE Panel Discussion


1
ACTE Panel Discussion
  • Data Integrity How do you know that your data
    is clean?
  • Cape Town Johannesburg Executive Forums
  • 7 10 March 2008

2
Introduction
  • Panel to each give a basic overview of the steps
    involved in the data collection process in their
    sector - from collection of raw information to
    cleaning of data to reports generated for clients.

3
I regularly receive travel management reports
and data from my TMCs /
Suppliers
  • The majority of respondents, 73, do receive
    regular reports.
  • What advice do you have for those Corporates
    Buyers that do not?
  • What could the reasons be for not getting
    regular reports and where does one
    begin rectifying the situation?

4
The reports and data that I receive are in a
useful format
  • 52 of respondents are not completely
    satisfied with data formats.
  • What are the most pertinent issues with regards
    to data formatting?
  • With so many different sources involved, is
    there a solution for standardising formats?
  • Can the formats be customised to the
    Corporate Buyers requirements and if so, how
    does one go about requesting customised formats?

5
I am confident that the data received is
accurate
  • Only 24 of respondents are confident that
    their data is accurate.
  • Buyers What are the most common inaccuracies
    experienced?
  • TMCs/Suppliers What are the main reasons
    behind inaccuracies?
  • Where can we begin to address this issue and
    what are the roles of the different
    parties in trying to improve data accuracy?

6
I have a good understanding of how data is
captured and the processes involved before it
lands on my desk
  • The majority of respondents do not understand
    the data process.
  • Should Corporate Buyers be more involved in
    getting to grips with this process in order to
    have better control of expectations or is the
    onus completely on Suppliers/TMCs to know
    what is required?
  • TMCs/Suppliers Are you pro-active in
    educating your clients regarding the data
    processes, limitations etc? Are they receptive?

7
I am aware that data and reports are cleaned
before I receive them
  • 41 of respondents are aware that their data
    is cleaned before they receive it.
  • What does it mean to clean data and is this a
    common occurrence?
  • At what stage of data collection and collation
    does the cleaning occur?

8
I am aware of who cleans the data and on what
criteria it is cleaned
  • The majority of respondents do not know who
    cleans their data and on what criteria it is
    cleaned.
  • Is it true that to a large extent, cleaning is
    done manually? Does human error thus not play a
    role here, leading to inaccuracies?
  • Who does the cleaning, what are the procedures
    involved and on what criteria is data cleaned?

9
I know what the variance is between reports
received and actual spend
  • 30 of respondents know the variance on
    reported vs actual spend.
  • If the majority of Corporate Buyers do not
    believe that their data is clean, what needs to
    be done to investigate spend variances?
  • What is the impact if Buyers are not aware of
    variances and how does this hinder the effective
    management of a Travel Policy?

10
I find I sometimes need to double check data
  • 73 of respondents double check the data they
    receive from their TMCs/Suppliers 46 do so
    often and 27 do so occasionally.
  • Why is this the case and is it an accepted part
    of a travel managers job or does this stem
    from a lack of confidence in the data integrity?
  • Will figures always need to be checked as a
    matter of policy, no matter how accurate the
    data and what are the implications for companies
    that never double check data?

11
I am able to independently verify data from the
original source
  • 57 of respondents are not always able to
    verify data from the original source.
  • Hypothetically, if data is inaccurate to begin
    with, how does double checking it at the
    original source help?
  • How does one go about using the original source
    to verify the data received and are the benefits
    strictly related to spend figures?

12
I am able to independently verify data from
another source
  • 43 of respondents are able to verify data
    from another source.
  • How easy is it to get data from another source
    and how often do comparisons need to be made?
  • How does one know which source is the accurate
    one?
  • What are the implications of having to sort
    through 2 sets of data?

13
I use unverified data, provided by my
TMCs/Suppliers during
negotiations
  • 51 of respondents use unverified data during
    negotiations 38 do so occasionally and 13
    do so regularly.
  • If figures are either under or over reported,
    how does this affect the negotiation process?
  • In an environment where trusted partnerships
    are so vital, how does inaccurate reporting and
    subsequent diluted leveraging ability affect
    these partnerships?

14
I am satisfied with the way my data needs are
dealt with by my
TMCs/Suppliers
  • Only 22 of respondents are consistently
    satisfied that their data needs are being met
    effectively.
  • Who does the data belong to? If a fee is
    being charged for travel reports, do
    TMCs/Suppliers not have a responsibility to
    place higher priority on supplying accurate data
    and if a fee is not being charged, can the
    Corporate Buyer still expect to receive the data?

15
Additional Info and Questions
  • What advice can you give to your sector and to
    the Corporate Buyers to improve data integrity
    and the effective use of the data?
  • Are there any new developments in data capturing
    in your sector that will lead to improved
    integrity?
  • Where is South Africa in relation to the rest of
    the world in creating effective data capturing
    processes?
  • To what extent should the Corporate Buyer be
    involved to assist in finding a solution to this
    issue?
  • To what extent does the skills gap add to the
    problem?
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