Travel and expense data intelligence specialist, PredictX, has launched an AI-driven tool designed to help corporate travel managers identify savings opportunities by modelling changes to travel policy against their own programme data.
The platform enables travel managers, procurement teams and travel leads to test policy changes, assess potential impact and build data-backed business cases for senior stakeholders.
The tool allows users to upload existing travel policies and simulate different scenarios before implementing changes, moving beyond identifying policy breaches or potential savings to modelling how those savings could be achieved.
Meridian includes three core features: Policy Lab that tests different policy measures; Optimizer, that allows you to set an annual budget reduction goal and then select policy measures available and a benchmarking function.
PredictX said it's deisnged with the mounting pressure from finance teams and senior leadership teams to reduce programme costs.
“Travel policy is often where some of the biggest opportunities for programme optimisation sit, but changing it can be difficult to navigate,” said Keesup Choe, CEO of PredictX.
“Meridian gives travel managers a way to test those changes before implementing them. They can see the potential savings, understand the wider impact and build a much stronger, data-backed case for change with their CFO and other stakeholders.”
The platform uses the same underlying data intelligence as PredictX’s wider travel programme analytics and also provides the data foundation for Cogent, the company’s AI-agentic workforce.
Through Cogent’s natural-language interface, users can ask questions about their travel programmes and run simulations through Meridian.
It can then use the results to identify potential policy changes and highlight opportunities based on individual programme data.
Meridian is currently in an alpha phase with a closed group of existing PredictX clients.
The company said it will form part of its standard proposition for new clients and is designed to deliver value from the outset of a client relationship.
