Full travel and expense management solution with a strong international perspective.

”We became a member of TPE in November 1999, because we believed it would provide us with a much better overview of the travel area. At that time, Fritz Hansen already had a lot of travellers all over the world, and TPE’s expertise has provided us with the safety in knowing that not only are we guaranteed the best possible prices, but we also know that our policies are complied with everywhere in our organisation”, says Fritz Hansen’s Executive Vice President, Finance & IT, Lars Torp Madsen.

Travel purchase has been the cornerstone of our collaboration, which in time has been expanded to also include travel expense management. The member organisation currently handles all the travel activities and related credit card settlements of the design icon. In practice this means that TPE, in addition to travel booking and purchasing, effectively handles all administration and management of the vast amount of travel receipts that Fritz Hansen accumulates. Good reporting on deviation from travel policy et cetera forms the basis of efficient follow-up and ensures governance across the global offices and activities of the organisation:

”We have between 25,000 and 30,000 card transactions annually, and TPE’s handling of our expense management has been synonymous with an extremely efficient reporting and approval process among the 260 employees of the organisation. The underlying system is user-friendly and provides us with access to relevant reports which enable us to analyse for example travel spend across the organisation. In addition to this, the system is scaled for - and used by - many very large companies, and even though we are not in that category, our membership means that we achieve significant and measurable purchasing synergies with some of the major groups - and thus we benefit from an incredibly beneficial and attractive solution ,” Lars Torp Madsen continues.

”Before we implemented TPE we used a lot of resources on compiling and following up on reports. This has been minimised, and today our finance department has a consistent overview of potential unresolved issues with regard to reporting. From a purely economical perspective we have been able to cut down on one fulltime resource, and annual analyses show that we have achieved savings of 11-14 percent on travel.

Process optimisation and automation means that we essentially use almost no time on travel and expense management, including the few monthly deviations. In short, it is a collaboration and a solution that works super-efficiently for both us as a company and for our employees ”, Lars Torp Madsen points out.