January 17, 2019 – We are excited to share that we have acquired the auditing and benchmarking business of Topaz International. Topaz is a leading provider of travel audits and the analysis of travel programs and policies for corporate buyers.
Since 1978, Topaz has delivered quality services to over 500 of the Fortune 1000 companies around the world. The exceptional Topaz team is joining Cornerstone, along with Bradley Seitz, President, Topaz, who will remain in a leadership role to provide continuity and advice, and strategic direction on future initiatives.
Topaz is an ideal complement to our growing work with corporate travel buyers and an opportunity to enhance the Topaz offerings with our workflow automation and reporting & analytics solutions. With the addition of Topaz benchmarking and fare auditing capabilities, we are expanding and deepening our core capabilities in helping companies both manage and measure the effectiveness of their travel programs.
In the next few months, Topaz and Cornerstone will work to build the foundation for a broader, more tech integrated offering of our services that advance our reporting and analytical abilities. Topaz will continue to run under its brand and leadership to maintain impartiality in its consulting services to corporate buyers.
Over the last 18 months, we have been hiring and have plans to double our workforce in the coming years. We remain focused on building our business by offering enhanced services that help buyers manage their programs and relationships with suppliers, distributors, and services partners. The Topaz acquisition creates a stronger prospect for Cornerstone and allows us to expand the range of services we provide to all our customers.