Prime Analytics

Prime Analytics, developed by Prime Numbers Technology, is a data analytics tool designed to optimize travel spend for companies of all sizes. According to the vendor, the software provides valuable insights and practical recommendations to help businesses manage their travel goals, maximize return on investment (ROI), explore customized analytics, streamline supplier management, create impactful presentations, and perform benchmark comparisons. This solution caters to various professionals and industries, including Travel Managers, Procurement Managers, Finance Managers, Operations Managers, and Business Analysts.

Key Features

Global Data Consolidation: Prime Analytics offers a centralized platform that consolidates travel data from multiple sources, providing businesses with a comprehensive view of their travel program. This feature enables informed decision-making by presenting a holistic picture of travel data, as claimed by the vendor.

Travel & Expense Integration: Prime Analytics seamlessly integrates with travel and expense management systems, facilitating the seamless flow of data between platforms. This integration ensures accurate analysis of total program spend and enables businesses to identify areas for improvement, according to the vendor.

Predictive Analytics: According to the vendor, Prime Analytics leverages advanced predictive analytics capabilities to forecast future travel trends and outcomes. This feature empowers businesses to make data-driven decisions and develop effective strategies to optimize their travel program.

Relevant Benchmarking: Prime Analytics provides benchmarking data that allows businesses to compare their travel program performance against industry standards and peers. This feature helps identify areas for improvement and best practices, as stated by the vendor.

Spend Reporting: Prime Analytics offers comprehensive spend reporting capabilities, enabling businesses to track and analyze their travel spend in detail. This feature provides insights into spending patterns, identifies cost-saving opportunities, and helps optimize the travel budget, as claimed by the vendor.

Dashboard Reports: Prime Analytics provides customizable dashboard reports that offer a consolidated view of key performance indicators for the travel program. This feature allows businesses to easily monitor metrics such as air, car, hotel, benchmarking, goals, and expense data, according to the vendor.

Expense Analysis: According to the vendor, Prime Analytics integrates multiple datasets, including expense, credit card, and travel management company (TMC) data, to provide a comprehensive analysis of total program spend. This feature helps identify potential inefficiencies, automate data reconciliation, and analyze travel costs beyond air, car, and hotel.

Insights: Prime Analytics includes the Insights module, enabling users to create web-based presentations or summary reports by combining data from all Prime Analytics and Prime Sourcing modules. This feature saves time by eliminating the need to recreate content in PowerPoint and facilitates easy sharing of presentations with stakeholders, as stated by the vendor.

Goals/ROI Analysis: Prime Analytics enables businesses to set and track specific goals related to policy compliance and savings. This feature helps measure the success of the travel program and provides valuable insights into policy performance and return on investment, according to the vendor.

Traveler Scorecard API: According to the vendor, Prime Analytics offers a Traveler Scorecard API that provides travelers with benchmark data about their booking habits and policy compliance. This feature encourages better travel behavior by allowing travelers to compare their choices with peers and understand the impact of their policy decisions.