TravelPerk and Airbase unite to redefine travel expense management

TravelPerk and Airbase unite to redefine travel expense management

The leading software provider, Airbase, and TravelPerk, a rapidly expanding global travel management platform, have declared their integration aimed at streamlining business travel expenditure.

The collaboration combines the wide-ranging travel inventory and reporting insights of TravelPerk, with Airbase’s comprehensive spend management platform that covers all non-payroll spend, including corporate cards, bill payments, purchase orders, and employee reimbursements.

The partnership is fuelled by the ambition to simplify the management of non-payroll spend for companies. With this integration, businesses can now effortlessly connect to TravelPerk from their Airbase account, define travel policies, set booking cost limits, and assign Airbase-supported virtual or physical cards for travel bookings. This leads to unprecedented visibility and control over travel expenses in addition to optimising cashback rewards.

Airbase, is a prominent software provider that helps businesses to easily manage their procurement, payments, and book closure processes. It’s renowned for its spend management platform that deals with all non-payroll expenditures. On the other hand, TravelPerk is a rapidly growing global travel management platform that provides companies with the control they need and gives travellers the freedom they want. It is widely recognised for its expansive travel inventory and reporting capabilities.

The integration between the two platforms is expected to bring about increased efficiency and improved control over travel spending. This, in turn, promises swift reimbursements and an improved user experience for their customers. The fusion of TravelPerk’s travel inventory and travel policy controls with Airbase’s spend management platform is set to bolster compliance and efficiency for users, providing an enhanced level of control over their business travel expenses.

Additional information is provided by Kevin Permenter, Research Director, Financial Applications at IDC, who commented, “This integration will be a welcomed addition to the corporate spending and expense management landscape.”

The benefits of the integration are further illustrated by an early user, Ben Watiwat, VP of Finance at Immutable. He said, “The automatic matching of receipts to expenses and seamless syncing to our general ledger has been a significant time-saver. This integration has been a game-changer, offering efficiency and ease of use that we cannot recommend highly enough.”

This partnership bolsters Airbase’s position in the spend management sector, providing a smoother reconciliation process and helping businesses stay within budget. Poised to redefine business travel and expense management, Airbase and TravelPerk showcase the tremendous potential of an integrated solution.

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