American Express hits $1.5 billion sales mark

Saturday, 19 Jul, 2006 0

American Express Business Travel signed more than $1.5 billion in new sales from its North American headquartered clients through the end of June.

The company says that was an increase of $418 million or 64% over the same period last year.

Said Andy McGraw, senior vice president and general manager of American Express Business Travel:

“Our steadfast commitment to delivering purchase and process efficiencies and savings, service excellence, and heightened program controls continues to add real value to our client’s managed program.”

He reported the company is also trying to patent its Savings Calculation System. The invention allows American Express Business Travel client managers to evaluate, quantify and present the actual savings value provided to a client over a period of time. The program is also said to produce savings summary worksheets and reports to guide future spending decisions.

Report by David Wilkening



 

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