Leading biotech firm on track to save millions on travel program

Industry

Pharmaceutical

Solution

Faresaver

Amount saved

$1.1 million

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FairFly’s client is one of the world’s leading biotechnology companies and responsible for dozens of vital medicines used globally. Given this global footprint, scientists and researches travel the world to bring to fruition the company’s raison d’être to research and develop life-saving products.

Faresaver, offering of transparency into the company’s air spend, as well as reducing avoidable expenditure aligns well with the company’s overall ethos. Every penny saved is the ability to reinvest into drug research.

During 2019, the biotech company saved over $1.1 million using FairFly’s Faresaver solution. The back-end technology required very little resource allocation from either the company or their TMC.

With the assurance that FairFly can ensure the transparency and the lowest fares available, the biotech’s staff can spend less time shopping for flights and more time focusing on research. If FairFly’s premium price assurance saved just five-minutes of time spent by the company’s staff shopping for the best fares, the biotech would have saved over 4000 hours in 2019.

“We are very happy with the savings we are seeing working with FairFly.” Said the firm’s Travel Program Senior Manager. “The account team and product are willing to listen to earnest feedback to make the end-solution better, and it’s the trust that we have that makes this a good, long-term relationship.”

Efficiency and speed are key when espousing the “science of good” initiative and the adoption of technologies that reduce costs and potentially save time is a welcome addition to the organization.

“The account team and product are willing to listen to earnest feedback to make the end-solution better, and it’s the trust that we have that makes this a good, long-term relationship.”

Data extracted January 2020 covering period January 2019 – December 2019