The TripActions team had an incredible 3 days at Money20/20 in Las Vegas.
Money20/20 is THE place where the financial community comes together to explore the disruptive ways in which consumers and businesses manage, spend, and borrow money. WIth a diverse audience of finance industry executives as well as finance and marketing leaders from companies across all industries, it was a great follow-up to the “Technology Trends in Fintech: Virtual cards & other tech impacting the future of payments & settlements” panel at TRAVERSE 19.
Coming right off [BTN Innovate](https://tripactions.com/blog/top-5-moments-from-btn-innovate-2019), TripActions VP of Enterprise Sales Michael Sindicich gave finance leaders an overview of TripActions at the Leadership Lodge stage for “7 Facts in 7 Minutes.”
The audience joined Michael’s session to learn about how 3,000+ organizations use TripActions to improve spend efficiency and employee satisfaction.
Business travel is one of the most costly line items for finance leaders and often captures the second or third spot on their budgets, Michael explained at Money20/20. Business travel spend must be efficient, and finance teams need full visibility. Why? Because business travel is one of the primary growth levers for companies. Every $1 spent on business travel returns $12.50 in revenue.
Half of all corporate travelers “go rogue” and purchase out-of-policy travel, because tools often present irrelevant inventory and a sub-par user experience. The best way to drive traveler adoption is by providing a user-friendly booking experience, one that delights users by making an informed booking possible in just six minutes (versus the industry typical 60 minutes).
“Traveler satisfaction is key to platform adoption- to enable spend visibility and control.” - @TripActions VP of Enterprise Sales Michael Sindicich: 7 Facts in 7 Minutes at #money2020 pic.twitter.com/D22mVcA2os— TripActions (@TripActions) October 29, 2019
Finance teams at Money20/20 learned how they can leverage intelligent tools to make the most of business travel for employees and the companies they represent. This new class of business travel solutions harnesses the power of machine learning to go far beyond what outdated legacy systems could offer.
While the TripActions team spent three days working with finance leaders to gain visibility and control over their business travel spend, we also had some fun. TripActions held a raffle for Away luggage to one attendee at Money20/20.
If you missed us at Money20/20, we will be at WebSummit in Lisbon, Coupa Inspire in London, and GBTA in Munich in the upcoming weeks. Or contact us directly to learn why TripActions is quickly becoming the default for business travel.