Download presentation
Presentation is loading. Please wait.
Published byWilfrid Lucas Modified over 8 years ago
1
Corporate Dining Overview September 2014
2
Historical Gap Corporations Restaurants More than $50 Billion spent by corporations and small businesses in restaurants annually Corporations have not been able to manage dining expense as they do most other T&E expenses Restaurants have not been able to formally and systematically establish relationships with corporations 2
3
Why Dining ? - 3 rd Highest Corporate T&E Category Percent of Total 0 5% 10% 15% 20% Airfare Lodging Dining Entertainment Ground Transport Car Rental Telecom Meetings *According to the Concur 2013 Expense IQ Report 3
4
EXECUTIVE MANAGEMENT CATERING COORDINATORS EVENT PLANNERS BUSINESS TRAVELERS 10% of total corporate T&E budget Where Does Dining Spend Come From ? 4
5
The Challenges – the past One example--The Dinova Approach - today Spend highly splintered & no predominant vendors Little opportunity for centralized purchasing Traditionally difficult to achieve share shift Seamless for travelers / card holders No Personally Identifiable Information (PII) collected or used GSA will have a “Preferred” Restaurant Network Utilize procurement based techniques and technologies Managing Your Dining Spend
6
The Dinova Process - How it Works GSA employee finds a Dinova restaurant in database or via mobile app GSA employee pays for meal, catering or event using GSA corporate card, meeting or P card GSA’s corp card data provider sends monthly data report to Dinova Dinova reconciliation with Dinova Network Restaurants Dinova distributes $ rebate to GSA quarterly GSA internal distribution (if desired)
7
Example of Dinova Chain Restaurant Partners 7
8
Leading Local Restaurant Groups 8
9
G S A LAUNCHES & SUPPORTS PROGRAM Dinova ENSURES SUCCESS Manages flow of data and funds between parties Compliance reporting to GSA Sales reporting to restaurants Ongoing network development and balancing Initial Announcement Publishes policy/preferred list Educates employees / admins Monitor compliance to save money Employee MAKES DINING DECISION Restaurant ENTERTAINS GUEST Provides quality food and ambiance No special process/equipment/training Verifies Transactions Use preferred Network when able Search & find appropriate restaurant for Customer Entertaining Business Travel Meetings Department outings and events Catering Orders Virtuous Circle VIRTUOUS CIRCLE 9
10
Example of Mobile Search Available on all web enabled smart phones Find local Dinova restaurants and with one touch: call, get directions, access restaurant’s website & make reservations
11
Note on GSA Corporate Card Data Dinova does not receive, capture or use any personal or individual information (no “PPI” collected or utilized) Dinova works with all leading corporate card programs: American Express, Diners, MasterCard and Visa. Dinova currently collects monthly data reports from the 3 major issuers of the GSA SmartPay Visa and MasterCard programs: ○ Citibank ○ JP Morgan Chase ○ U.S. Bank
12
►Potential savings are significant and incremental ►No cost and no significant resource risk ►No sensitive data required (No “PII” captured or used) ►Can coordinate with existing restaurant programs and relationships (if any) ►Internal communication & support required and is key to success Key Considerations
13
Discussion www.dinova.com
Similar presentations
© 2025 SlidePlayer.com. Inc.
All rights reserved.