Cartus Launches Cost Simulator, Redefining Global Mobility Cost Management
Cartus, a Compass International Holdings (COMP) company, launched a Topia-powered Cost Simulator for forecasting the cost of workforce relocations.
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Rhea-AI Summary
Cartus, a Compass International Holdings (COMP) company, launched a Topia-powered Cost Simulator for forecasting the cost of workforce relocations.
The tool uses policy-linked pricing data from Cartus suppliers and internal platforms to generate estimates. Users can compare up to four scenarios side by side, adjust benefit amounts and switch currencies. A built-in tax engine models home and host taxability at the benefit level. Estimates are not fixed quotes, guarantees or caps on final costs, and actual costs may vary.
Key Figures
- Scenarios compared
- Up to four scenarios
- Side-by-side in the Cartus Cost Simulator
Key Terms
apis technical
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Cartus Cost Simulator is the first of its kind in the relocation industry offering clients real-time, customizable relocation cost forecasting using an advanced simulation engine
Developed in direct response to a growing client need for cost visibility, the Cartus Cost Simulator provides access to real-time, policy-linked pricing data, and the ability to adjust move variables, compare multiple scenarios at the same time, and generate formal cost estimates instantly. This gives mobility leaders the information they need to make faster and more strategic decisions.
"The Cartus Cost Simulator marks a pivotal moment for our company and for the entire relocation industry," said Matt Tebbe, President and CEO of Cartus. "This solution gives our clients the unprecedented ability to customize benefits and recalculate costs in any currency in a matter of minutes. We are proud to be the only relocation management company offering a solution with this level of precision and flexibility so our clients can scenario-plan and make faster decisions based on real-time, accurate data."
Enabled by APIs and seamlessly integrated into the Cartus suite of services, the Cartus Cost Simulator eliminates technical headaches and setup delays. Cartus clients benefit from real-time data drawn directly from Cartus' trusted supplier network and internal platforms. Every cost simulation aligns with vendor pricing, fostering consistency and eliminating surprises.
"Having access to real-time cost estimates is a game changer," said Vickie Schmidt, Manager of Global Mobility and Immigration Programs at Rockwell Automation. "Cartus Cost Simulator enables faster, more informed decision-making while improving overall efficiency. It allows our team to focus more on delivering strategic value and enhancing the overall mobility experience."
Additional Benefits
- Access Cost Simulator anytime, anywhere
- Calculate full employer cost, modeled in minutes, with a built-in tax engine and rate tables
- Run and compare up to four scenarios side-by-side
- Tax engine determines home and host taxability at the benefit level
- Switch between currencies
- Utilize real-time moving services, temporary living, and travel costs
- Override or zero out benefit/line-item amounts as needed
Learn more about the Cartus Cost Simulator by visiting: Cost Simulator | Cartus.
To learn more about integrating the Cartus Cost Simulator into your relocation program, contact your Cartus representative or email cartussolutions@cartus.com.
While designed to provide highly accurate cost estimates, actual costs may vary, and the estimate should not be viewed as a fixed quote, guarantee, or cap on final costs.
About Cartus
Cartus Corporation operates within Compass International Holdings (Compass, Inc.), a global real estate services company. As a global leader in talent mobility, Cartus provides the full spectrum of corporate relocation services to organizations of all sizes worldwide—including nearly a third of Fortune 100 companies and hundreds of small-to-mid-size clients supported through its dedicated Cartus Insignia segment.
Media Contact
Travis Coggin
travis.coggin@compass.com
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SOURCE Cartus Corporation