2017 U.S.-Booked Air Volume: $147 million
Consolidated U.S. TMC: BCD
BTN estimates U.S.-booked air spending at industrial
manufacturing conglomerate Siemens increased about 9 percent during its 2017
fiscal year, which ended Sept. 30, 2017.
Siemens in 2018 has begun to migrate its subsidiaries and
entities in the U.S. and Canada to its new E2E Travel@Siemens technology
platform from the previous Siemens Personal Assistant and in-house expense
platforms. E2E Tracel@Siemens integrated Concur Travel and Expense
functionality.
The company this year also completed an RFP for management
of its global hotel program and awarded the business to HRS, which will manage
all business processes worldwide related to the hotel program, including
negotiations, rate loading and rate auditing.
In September 2016, Siemens debuted a global travel policy
framework, which includes requirements for country-specific policy development.
In the framework, pretrip approval requirements are eliminated. In the U.S.,
Siemens no longer requires receipts to be reimbursed for air, hotel or car
rental expenses. It also no longer requires receipts for cash purchases under
$25 and corporate card charges under $75.
Siemens' business travel in its 2017 fiscal year generated
about 411,000 metric tons of carbon dioxide equivalent emissions, compared with
about 380,000 metric tons in fiscal 2016. Revenue increased about 4 percent in
fiscal year 2017 to about $83 billion. On Sept. 30, 2017, Siemens employed
about 377,000 people worldwide, up from about 351,000 one year prior.