More than 5,000 companies have modernized corporate travel, corporate card and expense management solutions with TripActions, making giant leaps in cost and time savings while improving visibility, control, and employee satisfaction. This spotlight shares a recent story; others, which profile companies large and small, domestic and international and travel and expense-focused, are available in the Resource Center.
Relayr is an Internet of Things (IoT) tech company based in the U.S., Germany, and Poland. Company employees around the world were frustrated by the need to use separate and disjointed travel, payments, and expense platforms, so Relayr sought out a streamlined, all-in-one solution and ultimately chose TripActions Liquid™.
With TripActions Liquid, Relayr found the all-in-one travel, corporate card, and expense solution they were looking for. The company also increased its spend compliance to 98% and has seen 15% net savings for hotel bookings alone—all while gaining comprehensive visibility into travel and spend with real-time dashboards. With TripActions Liquid smart cards, in-policy transactions are automatically approved and reconciled. The company effectively eliminated expense reports since transaction details are captured and coded to automate spend controls, approvals, reconciliation, and reporting.
“What TripActions Liquid has brought to the market is the end of expense reports,” said Joel Jeselsohn, CFO, Relayr. “With Liquid, control no longer happens at the report level; it’s done at the expense level. We no longer have to wait until the end of the month to receive someone’s expense report.”
Because Relayr has a near-total adoption of TripActions Liquid, 98% of all global travel bookings are auto-approved, which means the company’s finance team no longer has to manage transaction-by-transaction approvals.
For Relayr, the use of disparate travel, payments, and expense solutions no longer made sense. Compared to legacy solutions that mix and match platforms and agencies, which require customers to deal with different processes and teams, TripActions Liquid offers a unified, more streamlined travel, corporate card, and expense solution.
Learn more about how Relayr’s business transformed with TripActions.