Airbase, the software provider that helps companies procure, pay, and close their books with ease, and TravelPerk, the “fastest-growing” global travel management platform, announced an integration that will “enable businesses to seamlessly manage their travel expenditure with less effort.”
This partnership “brings together TravelPerk’s vast travel inventory and reporting insights, and Airbase’s complete spend management platform — which handles all non-payroll spend, including corporate cards, bill payments, purchase orders, and employee reimbursements.”
Airbase Founder and CEO, Thejo Kote said:
“We are excited to announce our collaboration with TravelPerk, a critical step in our quest to help companies manage all of their non-payroll spend. This seamless integration automates workflows, reduces manual errors, and provides improved control over travel spending, facilitating rapid reimbursements and a superior user experience for our customers.”
With this integration, businesses can 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 optimizing cashback rewards.”
Kevin Permenter, Research Director, Financial Applications at IDC, commented on the initiative.
“The fusion of Airbase’s spend management platform with TravelPerk’s travel inventory and travel policy controls provides businesses with an enhanced level of control over their business travel expenses. This partnership helps enhance efficiency and bolster compliance for users. This integration will be a welcomed addition to the corporate spending and expense management landscape.”
An early user of the integration, Ben Watiwat, VP Finance at Immutable, praised its benefits.
“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.”
The integration with TravelPerk “elevates Airbase’s standing in the spend management sector, offering a smoother reconciliation process and allowing businesses to stay within budget.”
Airbase and TravelPerk are poised “to redefine business travel and expense management, showcasing the immense potential of an integrated solution.”
