Forecasts say by 2020, global business travel spending will hit $1.6 trillion. If you think that’s a
lot, we agree with you.
TravelBank was created to set new standards for excellence in the business travel and expense
reporting space, and to give businesses a way to incentivize accountability
with a simple, effective, employee-first tool that rewards good decisions.
While working with one of the biggest tech companies in the world, TravelBank CEO and co-founder Duke Chung made an eye-opening discovery: individual business travel and expense spends can reach as high as $40,000/month. “I thought, how is this even possible?” says Duke. “In some parts of the U.S., that’s someone’s salary.”
Duke looked into the data, and realized instead of doing what was best for company budgets, corporate systems incentivized employees to max out personal points and credit card rewards regardless of expense. “TravelBank started because it’s time to update this industry,” says Duke, “to make expense and travel management easier and more efficient for business professionals worldwide, and to do it in a way that improves culture and changes the whole attitude around travel and expense.”
Sign yourself up or bring your whole team on board.
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