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CubeSmart Inc and CliqueSmart LLC join forces to lower corporate travel expenses

CubeSmart, Inc and CliqueSmart LLC have joined forces in offering corporations a risk-free solution to lowering their travel expenses. The joint venture is appropriately named CS Travel Solutions. With combined travel and technology experience of over 60 years, the companies are uniquely positioned to offer clients a myriad of solutions to reduce travel spend. "The most attractive aspect to our offering," says Bob Schmidt, CEO of CubeSmart Inc., "is that we offer a risk-free alternative our clients pay nothing more than a percentage of what we save them."

For most companies, travel is the second highest line item on their operating expenses. CubeSmart has built a database of companies in all industries that compares travel expenses to industry averages and ranks the company within its industry. The system uses a unique metric that compares travel expenses to a company's SG&A expense and assigns a value that is weighted by industry. Similar to the ratios used to determine a company's financial health, these numbers equate to the company's "travel health."

Corporate travel programs fall into one of four categories: unmanaged, lightly managed, managed, and tightly managed. "The travel management category that the client falls within determines the direction we take in lowering their costs," offers Darci Gilliss, CubeSmart's Vice President of Client Services. "We can significantly lower travel costs for unmanaged companies with policy changes and negotiated supplier rates. For the more managed companies, we offer decision enabling technology that allows them to fine-tune their travel programs and measure the impact of changes and improved results."

"Joining forces with CliqueSmart was an easy decision for us" adds Mr. Schmidt. "They have experience in every aspect of travel including corporate, travel agency, and online travel. Their expertise in negotiating lower rates with travel suppliers will benefit our clients tremendously."

Jon Behner, CEO of CliqueSmart, adds "The CS Travel Solutions service is long overdue. Most companies can tie travel directly to revenue. So reducing the amount of travel will result in lower revenues. Our goal is to assist companies in lowering their costs without reducing the amount of travel."

Travel is a complex industry, laden with legacy systems and highly sophisticated distribution channels. Companies who wish to focus on their core competencies but still gain better control over their travel costs will welcome the new CS Travel Solutions program.

About CubeSmart, Inc.

CubeSmart, Inc was founded by veteran travel and technology professionals with the mission of helping companies take a strategic look at their operations, focusing on business process improvements and providing end-to-end solutions to gain efficiencies through automation. Although CubeSmart best known in the travel industry, they have established a successful track record of providing solutions for clients in a variety of industries, including oil & gas, financial services, software, retail, medical and media industries. To learn more about CubeSmart, you can visit their website at www.cubesmart.biz.

 

About the Author

CliqueSmart was founded by Jon Behner, a 20 year veteran of the travel and technology industries. CliqueSmart's mission is to provide end-to-end solutions to companies looking to reduce costs or increase revenues through automation. CliqueSmart has negotiated "preferred contracts" with solutions providers that enables their clients a lower cost alternative to procuring the technology themselves. To learn more about CliqueSmart, you can visit their website at www.cliquesmart.com.

 

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