business wide cost saving opportunities enron good lot things making markets commoditizing products managing risk offering innovative energy solutions customers list goes however one things could lot better watching expenses shareholders company need spend company dollars wisely spend simple yet significant measures us take make sure careful enron money policy committee approved recommended following professional services largest area discretionary spending 600 million last year professional services includes contracts outside law accounting firms contractors consulting groups make sure negotiating best rates terms service company across business units requiring future professional service contracts renewal negotiated consultation global strategic sourcing gss effective july 1 addition contracts 5 000 must pre approved business unit senior executive designee gss information see http ibuyit enron com line expense reporting tool xms xms online expense reporting tool enables us expedite monitor report expenses effective july 1 employees domestic u payroll required use xms reimbursement business related expenses access xms go http xms enron com enterprise wide portal currently 122 internal web sites across company amount technology work marketing collateral related costs required develop support many portals sizeable makes sense one enron portal efficiently access content services single personalized channel make easier find information perform basic tasks online new company wide portal leadership tony mends launched several phases beginning fall another significant area diligent spending travel entertainment enron long travel policies place grown done well communicating policies new employees reminding employees take advantage discounts negotiated availability discounts booking services online make easy save money company without sacrificing comfort employees travel following common sense recommendations adhere traveling business regular deviations travel policy recommendations reviewed business unit leader air travel employees requested use either travel agency park tap gss approved preferred travel agency location access significant airfare discounts negotiated gss http clicktrip enron com enron new online travel booking service allows employees book travel negotiated discounts employees fly united states book non refundable coach tickets typically 65 percent less refundable tickets usually changed simply paying 100 fee reason strongly encourage employees purchase non refundable domestic coach tickets possible lodging gss also negotiated preferred rates number hotel chains many cities worldwide accommodate business unit individual hotel policy recommend use enron list preferred hotels select accommodations line business unit policies view list http travel enron com car rental services renting car business travel employees use preferred car rental agencies national u canada alamo u since agreements negotiated intended protect enron insurance coverage contract visit http travel enron com details updates services available outside u site meetings domestic u site meetings events 10 people coordinated gss negotiate preferred rates enron reached 713 646 8311 differences business units offices business unit leader follow memo communication elaborating policies apply business unit us responsibility make sure part ensure enron retains competitive edge recommendations basic sensible actions take company wide every employee look cost saving measures makes sense daily activities idea suggestion would like share us please e mail us enron com list questions answers policies posted http ibuyit enron com gss ibuyit csfaq doc additional questions policy committee member kevin hannon host espeak tuesday june 19 10 houston time discuss cost saving recommendations