Why Your Mobility Program Needs an Average Spend Dashboard
In today’s ever-evolving data-driven world, managing a mobility program without clear visibility into spend is like driving without a speedometer—you might be fine, but you’ll never really know until it’s too late.
Clarity and precision matter. That’s where the Average Spend Dashboard comes in. This powerful tool offers mobility managers a clear, real-time snapshot of how much they’re spending across different types of moves, be it domestic relocations, long-term international assignments, or short-term business travel. Like an odometer for your mobility program! But beyond just tracking costs, it helps uncover patterns, spot risks, and inform smarter decisions that can elevate your program from reactive to strategic.
A Closer Look at the Average Spend Dashboard
Our new tool within the Weichert Go platform fills a critical gap in Weichert’s technology offering. It aligns with what some of our larger competitors provide, but is uniquely tailored to Weichert’s data and client needs.
The dashboard offers several key functionalities that change the game for mobility management:
- Users can select a date range (e.g., three years) to analyze average and median spend, total spend, and the number of closed moves, with comparisons to previous periods.
- Calculations are based only on closed moves, ensuring the data reflects completed transactions.
- Easily filter by policy, division, move type, employee profile, origination and destination work addresses, and more, allowing for highly specific cost estimates.
- Compare breakdowns side-by-side, drilling into details such as average/median spend, total spend and move counts for each parameter.
So, what can an Average Spend Dashboard do for you?
You’ve got the data: detailed cost estimates tailored to your program. Now it’s time to put the numbers to work. Here’s how your Average Spend Dashboard gives you the visibility to zero in, spot trends, and course-correct across key areas of your program.
1. Set Baselines and Spot Outliers in Your Program
By consolidating spend data across your entire program, your Average Spend Dashboard helps you establish benchmarks by policy type, business unit, region, or employee level. When an outlier appears—whether it’s a spike in household goods shipping or a jump in temporary housing costs—it’s easier to catch it early, investigate, and take corrective action.
2. Power Policy Design and Adjustments
Let’s say your Tier 2 relocations are consistently costing more than Tier 3, or your “lump sum only” policy isn’t actually saving you money. Without an average spend view, those insights stay buried in spreadsheets. With it, you can fine-tune policies, reallocate budget, and adjust benefits in ways that align cost with intent and with your employee experience.
3. Fuel Predictive Budgeting
Average spend is a powerful forecasting tool. By analyzing historical spend trends, you can build more accurate cost projections for the coming quarter or fiscal year. You’ll also be better equipped to answer that ever-familiar question from Finance: “How much will this mobility program cost us next year?”
4. Improve Stakeholder Transparency
Mobility often spans multiple stakeholders: HR, Finance, Talent Acquisition, and business unit leaders. The average spend dashboard gives everyone a shared source of truth. You can back up strategic recommendations with hard data, improving buy-in and cross-functional decision-making.
5. Support Vendor Management
If spend in one area is consistently trending upward—say, temporary accommodations or immigration support—it might be time to re-evaluate vendors, renegotiate rates, or look into alternative providers. An average spend dashboard gives you the leverage of data to drive those conversations.
6. Highlight Opportunities for Innovation
Are exceptions piling up? Are certain move types underperforming against their average spend? Your dashboard might reveal inefficiencies or untapped potential that spark new approaches, like implementing core-flex policies, investing in better self-service tools, or piloting new destination services in high-volume locations.
The Bottom Line
You can’t manage what you don’t measure. An Average Spend Dashboard isn’t just a value-add feature — it’s an essential tool for any company serious about optimizing its mobility program. With the right data in your hands, you can move faster, spend smarter, and deliver a mobility experience that supports both the business and the talent it moves.