TravelBank Continues to Show Momentum with World Travel Partnership
Business travel has changed drastically since the beginning of this year.
We’ve been working hard to provide our customers with the visibility into their expenses that they need to proactively control spend, and noticing some trends in overall business travel spend activity.
Mid-to-large sized companies are preparing for travel’s re-emergence, managing their budgets and using their outstanding airline credit vouchers, while also revisiting their duty of care plans. Small-to-medium businesses are traveling more locally to conduct 1:1 meetings to keep their operations going. In fact, we’ve seen mileage reimbursements climb to and remain the top category for expenses among our SMB clients in May, June, and July.
Today, in an effort to broaden the number of SMBs we serve, we are announcing our latest partnership with travel management company World Travel Inc. World Travel has nearly 40 years of experience serving SMBs.
Beginning today, our technology will power their brand new online booking tool and expense management platform, WorldHub Travel & Expense. The platform will provide World Travel customers with a streamlined view of their travel programs and expenses.
In addition to software and product updates powered by TravelBank, World Travel users will now benefit from an all-one-in travel and expense management experience. The system features a sleek interface that will help businesses stay in line with their budgets and enable company-wide policies to be implemented with ease.
Other benefits include:
- The ability to book in-policy trips more quickly
- Access to a comprehensive selection of negotiated air, car, and hotel rates
- Automatic expense reports and budget assistance
- Increased visibility and removal of errors from the data entry process