Business Travel News | 7.24.17
TravelBank Introduces Commission Sharing for Small & Midsize Enterprises
TravelBank, which aims to corral travel spend among small businesses in order to gain supplier discounts, has launched a commission-sharing program. The company started as a free expense management system for small businesses and segued into travel booking in May.
PSFK | 7.4.17
Millennial-Geared Platform Rewards Budget-Minded Business Travelers
Between managing your budgets, making sure you’re adhering to your company’s travel policies and filing expense reports, its often hard to find time to enjoy a business trip. Looking to transform this headache into an incentive—particularly for the growing millennial workforce—startup TravelBank promises to give employees more travel choices while simultaneously helping businesses spend less money.
Fast Company | 6.7.17
This App Rewards You For Making Cheaper Business Travel Purchases
Where TravelBank differs from some of its competition like Concur is that it incentivizes employees to come in under budget by having their company split the savings with them. For instance, if the budget for a week trip to New York was $3,000, but an employee saved $600 by taking the subway rather than taxis and staying in a slightly lower-rated hotel, then the employee will receive half the savings back–in this case, $300.
Small Biz Daily | 6.5.17
13 Things Small Business Owners Need to Know
TravelBank, the modern budgeting and expense app for business, recently launched Flights, enabling businesses using TravelBank to search for and book flights—all through the TravelBank app. Flights is launching with: Air Canada, China Southern Airlines, Copa Airlines, Icelandair, JetBlue, United Airlines, Southwest, Virgin Atlantic, Saudia Airlines, Singapore Airlines, and other major U.S. airline carriers.
VentureBeat | 5.11.17
Data-First Tools Score $1.8 Billion to Make US Workers Super-Productive
We recently completed a research report looking at the young companies pioneering AI-powered “data-first” applications, and there is a lot of important activity happening in this space. Collectively, these startups have raised $1.8 billion of venture capital to pursue their goal of disrupting the $150 billion-plus market for enterprise applications.
Business Travel News | 3.14.17
Next-Gen Expense Management
2016 was the year expense management players got more aggressive, strategic and intelligent. While the sector has unarguably consolidated, that hasn’t stopped new players, armed with intuitive technologies and consumer-style interfaces, from launching solutions that could turn into prime acquisition targets for established providers looking to leapfrog competitors.