Case Study: Swiss Investment Bank reduces travel spend with Digitate ignioTM

Optimizing Travel and Expense Spend for a Swiss Investment Bank

Swiss Investment Bank struggled with limited visibility into travel and expense spend because expenses were decentralized through corporate credit cards and a weak expense management system. This made it difficult to identify maverick spending, saving opportunities, and employee outliers. Digitate’s ignioTM helped the bank analyze and control travel-related costs.

Using ignioTM, Digitate applied spend analysis, maverick analysis, and exception analysis to uncover frequent travel routes, preferred hotels, price benchmarks, and employee spending anomalies. The solution identified 15% of total travel expenses as maverick spend across hotel bookings and airfare, and detected 10–30% of employees as outliers with price variances, enabling better contract negotiations with airlines and hotels.