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February 25, 2020

Introducing TripActions Liquid: Revolutionizing Global Travel Payments

Michael Sindicich
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News
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Our vision from day one has been to make work travel effortless so employees can focus on being there, not getting there. Ever since the launch of TripActions®, we’ve set out to improve the end-to-end business travel experience for our users — all 40 steps from the booking, to the travel itself, and everything in between.

Now, we’re solving the next biggest pain point in business travel: travel payments. Today we announced TripActions Liquid™ — the first-of-its-kind, end-to-end global corporate travel management + payments solution. In the same way that TripActions reinvented corporate travel management, TripActions Liquid is poised to revolutionize the travel payments space.

I’m proud to share that users at Zoom, Lyft, letgo, Toast, and others are raving about TripActions Liquid because it delivers:

The first real-time, unified travel spend reporting with travel bookings and payments centralized in a single platform to deliver a global view that empowers finance and travel leaders to unlock new insights to optimize spend.

Real-time control over travel payments with the ability to set policy controls to increase compliance and enable travel payment approvals when employees are booking travel or while on a work-related trip.

An even better traveler experience, giving employees the confidence that their company has their travel payments covered, including pay-later hotels.

TripActions Liquid

Automated reconciliation and reporting of travel payments across flights, hotels, trains, rental cars, and other travel purchases gives finance and travel leaders time back to focus on higher value, strategic initiatives.

Road warriors win with TripActions Liquid as they no longer have to carry the cost of work travel on their personal credit cards. What’s more, TripActions Liquid leverages partners like AppZen, the world’s leading AI solution for modern finance teams, to power AI-driven spend approvals in real-time. This eliminates traveler angst and guesswork along with out-of-policy spend. And with the collaboration between TripActions and Visa, users can travel with confidence knowing TripActions Liquid cards are accepted everywhere Visa is accepted, across more than 46 million merchant locations in more than 200 countries and territories.

Finance leaders and travel managers win with TripActions Liquid as they can set smart policies to manage travel spend in real time. A seamless integration with the TripActions corporate travel platform ensures that TripActions Liquid knows when an employee is on a work trip and can be configured to auto-enable the traveler’s card for travel-related purchases. Additionally, time-consuming back-end work by finance is no longer required when bookings, payments and reconciliation are done within a single platform. And, TripActions offers a competitive rebate on all spend processed through TripActions Liquid, resulting in even more savings for organizations.

“TripActions is the only complete, end-to-end corporate travel management solution for finance teams and travel managers, combining the best online booking tool, travel management company and travel payments solution into a single platform,” said Samantha DeRosa, Senior Accounting Manager at Toast. “It’s a no-brainer to use TripActions Liquid with the TripActions corporate travel platform — it’s booking and payments integrated seamlessly to make travel spend management a breeze.”

With the help of our users, customers, partners, investors and the corporate travel community, we built the best corporate travel management tech, complete with consumer-like ease of use, powerful personalization, and unrivaled inventory. And we paired it with our best-in-class travel agency service to deliver an experience that business travelers love. As a result, organizations get the spend visibility, data, and insights to optimize their travel programs, save money, and fulfill duty of care. TripActions Liquid is the next step on our journey to improve the end-to-end business travel experience for our users.

Take a look at our launch video for more on TripActions Liquid.

Let’s go!

Michael Sindicich

GM, TripActions Liquid

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