2017 U.S.-Booked Air Volume: $62.5 million
Principal Air Suppliers: United,
Delta & American
Principal Hotel Suppliers: Marriott,
Hilton & InterContinental
Principal Car Rental Supplier: Hertz
Principal U.S. Online Booking Tool:
Concur
Principal Non-U.S. Online Booking Tool:
Onesto
Principal Global Expense Supplier:
Concur
Principal Payment Suppliers: Citi
& American Express
Primary U.S. TMC: BCD
Consolidated Non-U.S. TMC: CWT
In 2017, Bayer conducted a global airline RFP, switched from
National to Hertz for car rental and implemented an internal expense
reimbursement platform, CombiPay, that allows for centralized payment of Citi
credit cards; Bayer now has an individual bill/central pay card program. In
2018, it will require travelers seeking reimbursement to submit receipts only
for purchases of $50 or more. The previous threshold was $25.
Bayer's annual revenue was $35 billion in 2017. The company's
spending on U.S.-booked air volume fell by $2.9 million in 2017, but it expects
the number to bounce back to $64 million this year. Of its 2017 U.S.-booked
airline tickets, 75 percent were purchased on an approved online channel, and
45 percent of that volume was booked without an agent. Sixty-five percent of
Bayer's U.S.-booked air spend was for international travel. Bayer has a single
travel policy for the U.S., and BCD Travel handled 45 percent of Bayer's 2017
U.S.-booked air volume.