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Saving Calculator

You could be saving

To estimate cost savings for travel agencies, the Saving Calculator uses the info you will enter in the Column "Your current workflow" with your own internal values. The present values are just an example, so we encourage you to use your own internal values. The Saving Calculator was developed after hundreds of implementations in more than 45 countries.

Curious how much money you can save with a Travel Booking System? Start your own test!

Data Input Your current workflow Using TBS
Search for offers process Minutes Minutes
How many minutes it takes to input the search parameters ?
(our research indicates that for a medium experienced agent it takes about 30 sec)
What is the average response time of a supplier system ?
(our research indicates, in average it is about 15 seconds)
How long does it take to identify the proper result and save it for the offer process ?
(our research indicates that in average it takes about 2 minutes)
How many systems do you use in average for every search ? 
(our research indicates that is should be, in average 3 systems)
Offer Process
How long does it take to build the initial offer to the customer ?
(our research that, on average, should take about 2 minutes)
How long does it take to send the offer to the customer ?
(our research indicates that it takes about 1,5 minutes on average)
Booking process
How long does it take to make the final booking/ issue operations (search for the selected offer and make the booking, send the travel documents) ?
(our research indicates that, on average it takes about 2 minutes)
Mid-back office operations (invoicing and additional documents)
How long does it take to input manually the data inside the mid-back office system for invoicing and reporting ?
(our research indicates that, on average, it should take about 5 minute)
How long does it take to actually issue the invoice ?
(our research indicates that, on average, it should take about 1 minute)
Did we miss anything ?
If you have additional operations that are specific to your agency please input here the total time (in minutes) that these operations require per transaction
Total search time in minutes
Full process (A to Z) in minutes
Data required for the calculation Values Values
How many employees do you have making searches and bookings as decribed above ?
(number of employees, please pay attention on actual number of employess required - see below)
What is the average cost to company (all taxes included plus all other expenses like rent, hardware, training, etc.) for each employee mentioned above ?
(values in EUR)
How many search operations do you perform per month for the entire company ? 
(as an example we have added 8000 operation, but feel free to input your own values)
How many bookings do you perform per month for the entire company ?
(as an example we have added 1200 operation, but feel free to input your own values)
Conversion rate between searches and bookings 
(this value is just a control mechanism in order to check if the values inputed above are real)
Cost savings calculator
Total time spent by an agent with the searches and bookings mentioned above  (in man-month) considering the number of agents you have specified, 8 hours a day, 21 days a months working schedule and no other activity 
Actual number of employees required to finish the work in due time, considering the ideal situation of 8 hours a day, 21 days a months working schedule and no other activity (in FTEs) 
Cost required to perform the above mentioned work considering the existing number of employees vs the TBS required number of employees  (in EUR)
Monthly subscription costs of TBS (in EUR)

Using these current values based on travel industry benchmarks, a travel agency can optimize

Total monthly savings by using TBS (including the TBS subscription fee and the employee cost) (in EUR)
Total monthly savings by using TBS (including the TBS subscription fee and the employee cost) (in %)

 

 We hope you found this Saving Calculator useful! Talk to one of our experts to discuss your business goals and how we can help you get there!

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