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November 16, 2021

Now Boarding: All Rows and All Cabins From TravelBank

On November 16, 2021, travel and expense management software startup TravelBank announced that it would be acquired by U.S. Bancorp, parent of U.S. Bank. The transaction is expected to close in the fourth quarter.

Those looking for an alternative, upgraded experience to TravelBank will find everything they need and more in the TripActions platform. TripActions is the only complete, all-in-one corporate card, expense management and travel platform that includes online booking, 24/7/365 expert travel agent service, and expense management in a single global solution.

According to data from independent, verified user reviews on G2.com, companies prefer working with TripActions over TravelBank, reporting that:

  • TripActions is easier to use, set up, and administer than TravelBank.
  • TripActions meets the needs of their business better than TravelBank.
  • TripActions has better quality of ongoing product support than TravelBank.
  • TripActions is moving in a better product direction in terms of feature updates and roadmaps than TravelBank.

On G2, and as a product, TripActions outranks TravelBank in all ratings and for all features, including:

  • Receipt capture
  • Expense automation
  • Mobile functionality
  • Smart categorization
  • Digital receipt management
  • Employee reimbursement
  • Currency conversions
  • And more

For those ready to make the switch, TripActions is here to help.

TripActions is an all-in-one corporate card, expense management, and travel platform that offers everything TravelBank provides and more. Here’s a taste of what’s on offer:

TripActions Liquid™

TripActions Liquid offers smart virtual and physical cards paired with a powerful expense management platform, all in one simple and user-friendly platform.

This capability is a significant and unique differentiator from the card tool offered by TravelBank via U.S. Bank. Along with the ability to fully automate reconciliation on flight, hotel, and car payments, TripActions Liquid automatically recognizes and reconciles expenses as a function of company policy, effectively eliminating the process of expense management.

TripActions Liquid also enables companies to easily issue virtual cards for things like software subscriptions, marketing ads, shipping, team events, and other light procurement items. These cards have built-in controls based on merchant, recurrence, spend limit, and more, leading to unprecedented control and security.

All of this means finance teams can rest easy knowing employees can’t spend out of policy, and all expenses are running through one system, with a direct connection to their accounting systems.

TripActions for Small and Medium Businesses (SMBs)

For SMBs looking for a corporate card and expense solution, TripActions offers a powerful, comprehensive answer that can scale with each client’s needs.

TripActions gives SMBs all they need right out of the box:

  • Corporate cards with built-in controls, higher limits, and cash back on everything
  • Expense management with reimbursement capabilities, instant reporting and visibility into spend, and connections with accounting software.
  • Travel booking, inventory, and support

Startups and SMBs should be focused on what’s most important: growing the business. Not chasing receipts, approving transactions, or filling out expense reports.

A User-Friendly Booking & Expense Management Experience

TripActions employs a user-forward approach to its entire experience, from booking to program administration to expense management. Thanks to the Next-Generation Storefront, TripActions gives travel bookers a sophisticated booking experience that balances ease of use with a wide range of inventory sources.

Premium, Tech-Forward Support

Cloud-enabled support that offers proactive assistance with the full context of the traveler’s booking is also a trademark of modern corporate travel management, and TripActions has been a leader in this space since the beginning. Paired with live agents around the world, the support offering at TripActions is above and beyond what modern competitors offer.

TripActions global support is available for no extra cost, 24/7/365, with local agents ready to put their local knowledge to use in booking and managing itineraries. Powered by TravelXen, a proprietary software platform, support agents at TripActions are able to handle tasks with any degree of complexity across email, phone, or chat—all without additional contact fees.

The addition of Reed & Mackay to the TripActions team further underscores the company’s commitment to service. With agents and offices around the world, Reed & Mackay provides an additional layer of premium service on top of the powerful technology already in place at TripActions.

What Customers are Saying

In the past six months, TripActions Liquid has recorded more than 500% growth in transaction volume and nearly 400% growth in active users. Among the feedback:

"[TripActions is] an entire package. Right now, I've got to chase a bank or the TMC when issues arise, but TripActions has one number to call. I'll be giving HR access so they can monitor [the Covid-19 data] as well."

"I raised the flag saying, ‘Hey, now might be the opportune time to make a change.’ Ultimately the rest of management agreed. Together, we reevaluated the program: our CFO, CEO, VP of operations and HR director...[TripActions is] an entire package."

Ready to make the switch? Book a demo with the team today.

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