iBank Analytics

Is a powerful, point-and-click dashboard that lets agencies and their customers drill down into travel data for quick answers to immediate questions. Data can be refreshed up to every minute and is available online, 24 hours a day via the Internet. What is iBank Analytics? iBank Analytics is a powerful, point-and-click dashboard that lets agencies and their customers drill down into travel data for quick answers to immediate questions. Data can be refreshed up to every minute and is available online, 24 hours a day via the Internet.

iBank Analytics combines the power of iBank Travel Data Warehouse with an intuitive analytics engine.. iBank Analytics enables you to make insightful decisions and draw meaningful conclusions through a comprehensive, multidimensional graphic view of travel spend. With simple point-and-click navigation, you’ll quickly collect the information you need to support your organization’s strategic objectives.

Why Use iBank Analytics?

Successfully managing a travel program requires the ability to oversee multiple tasks simultaneously - from ensuring exceptional client service to managing and enforcing corporate policy, tracking supplier spending and complying with governmental regulations. For organizations that monitor unique performance indicators for several cost centers, iBank Analytics can help quickly uncover specific patterns within a vast sea of travel data. These trends are presented with enough supporting detail to quickly indicate whether further investigation is required.

iBank Analytics Delivers Travel professionals need the ability to make smart decisions on a day-to-day basis. iBank Analytics makes it easy to see both the big picture and the smallest detail—plus predictive modeling to reduce business uncertainty.

With iBank Analytics you can:

• Access multi-dimensional views of your travel program.
• Present critical information to key stakeholders in a compelling way.
• Produce customizable key performance indicators and measure variance to goals.
• Export information to other applications such as Excel and PowerPoint.
• Deliver the data, via XML, to other critical applications (e.g., expense management and human resources management).
• Uncover new ways to save money and improve profitability.
• Gain enhanced visibility into cost and travel patterns, providing leverage for supplier negotiations and improved compliance with preferred vendors.

iBank Reporting

Provides you with a global view of travel spend by enabling you to capture and bring together all of the information from all trips taken and planned, throughout the world. This information is available for on-demand reporting and may be exported for use in other applications (e.g., expense reporting and business intelligence). By capturing, consolidating and storing travel information in your own iBank data warehouse, you can help your customers manage their travel budgets by monitoring policy and contracts, reconciling travel spending and analyzing results.

With iBank Reporting you can:

• Capture, standardize and warehouse travel information from multiple sources for a single, consolidated view of all travel expenditures incurred worldwide.
• Run more than 120 standard reports and create an unlimited number of custom reports that provide you and your customers with up-to-the-minute travel spending details.
• Take control when a crisis occurs by seeing who is, was, or will be travelling to any destination.
• Produce estimates of the carbon output from travelers' trips.
• Aggressively manage vendor and supplier contracts.
• Easily comply with travel and procurement policies.
• Schedule the production and email delivery of reports, and grant direct system access to those who need the information (e.g., meeting planners, department heads and security personnel).

With iBank reporting your can focus on Spend Analysis, Supplier Management, Policy/Risk Management, Activity Management, Spend Management, Reconciliation Analysis and Agency Productivity.

Carbon Reporting

This new feature gives you access to CO2 emissions calculations based upon trip details

What is iBank Carbon Reporting?

There are five main CO2 calculations in iBank:

• Air CO2 Emissions estimates the number of lbs or kgs emitted during a flight.
• Alternate Car CO2 Emissions estimates the carbon emissions generated if the traveler chose to travel by car instead of airplane.
• Alternate Rail CO2 Emissions - estimates the carbon emissions generated if the traveler chose to travel by train instead of airplane.
• Car Rental CO2 Emissions estimates the carbon emissions generated if the traveler chose to travel by car rental and additional trip details are unknown.
• Hotel Booking CO2 Emissions estimates the carbon emissions generated by the traveler for each booked hotel night.

Carbon Calculators

Cornerstone works with several carbon reporting companies who provide us with their proprietary algorithms. These algorithms are then applied to your travel data to produce estimates of the carbon output from travelers' trips.

As different carbon reporting standards (e.g. DEFRA) are more widely recognized in different markets, iBank Carbon Reporting is designed to be able to incorporate different calculation methodologies to support your local needs.

Cornerstone’s carbon reports can be used "as-is" or the data in iBank can be easily exported to the carbon calculation firm of your choice for more comprehensive analysis.