The business travel industry is well on it’s way to recovering from the COVID-19 pandemic. This means companies will send their employees on business trips more and more. With this in mind, the business travel expense management process can be a challenging task for businesses to get right.
Fortunately, it can be much easier with the help of proper expense management software and technology. In fact, in this article, we have gathered together the top 10 business travel expense management tools.
What is corporate travel management software?
Corporate travel management software is a set of tools and applications that help companies manage their travel-related expenses, bookings and policies. Most corporate travel management software also integrates with other business tools, such as expense management systems and accounting software. This integration allows for better tracking and visibility into travel expenses, which helps companies control costs and optimize their travel budgets.
Business travel Expense Management Software
1. SAP Concur
SAP Concur is a cloud-based travel and expense management solution that helps companies automate and simplify their travel processes. It offers various features such as travel booking, expense reporting and invoice management. Moreover, it integrates with various travel suppliers, such as airlines, hotels and car rental companies, to provide users with a seamless travel booking experience
2. Expensify
Expensify is an unlimited receipt tracking and expense management tool that allows companies to track and report their expenses in real-time. It offers features such as one-click receipt scanning, credit card import, corporate card reconciliation, advanced tax tracking and more. Moreover, it integrates with various accounting and payroll systems, such as QuickBooks and ADP, to ensure accurate and timely expense reporting.
3. TripActions
TripActions is a comprehensive travel management platform that offers various features, such as travel booking, expense management, and traveler safety. It uses AI-powered technology to provide users with personalized travel recommendations and real-time updates on travel disruptions.Â
4. Egencia
Egencia is a corporate travel management platform that offers a range of services, such as travel booking, expense management, and traveler safety. It uses AI-powered technology to provide users with personalized travel recommendations and real-time updates on travel disruptions.
5. TripIt
This powerful business travel management tool lets you check travel details and stay on top of things as they happen. It offers features such as budget tracking, expense reporting and travel policy compliance. Additionally, this tool can provide users with personalized travel recommendations and real-time updates on travel disruptions.
6. Certify
Certify is corporate travel management software that allows users to get deep visibility and a better understanding of expenses. This software can save time and money and allow you to focus on more strategic work.
7. TravelBank
TravelBank is the all-in-one expense, travel, and card solution software that helps companies save money on their travel expenses. It offers features such as budget tracking, expense reporting and travel policy compliance.
8. Spendesk
Spendesk expense management software that automatically categorizes your payments into the correct codes and captures over 95% of receipts on time. This software offers a wide range of features like real-time visibility, control of all payments across your company, smart subscription management and much more.
9. Spendee
Spendee is an essential expense management app that can help you to get your money into shape. It offers a wide range of services like perfect control over expenses, quick overview and smart budgets feature.
