[UPDATE, April 19, 2017: Deem redesigned and rebranded its software suite as ‘Work Fource.’] [UPDATE, April 15, 2016: A Deem official indicated the company does not agree with the CrunchBase figure for total investment in Deem; the official did not provide a different figure.] With founder Patrick Grady out and new funding in, Deem anticipates layoffs and a…
Industry opinion on what it’s like to shop for hotels in corporate booking tools falls somewhere between cumbersome and atrocious. Inexperienced travelers or those with few preferences might call it good enough. Travel managers don’t. They want improvements, and some have given up on providers delivering them. Not so fast, say developers including Amadeus, Deem, Egencia…
At a limo conference in Atlantic City last fall, a couple of entrepreneurs announced the ground transport platform to compete with Uber. Seconds later, a black car exec whispered, “We’re building one, too.” This week it was déjà vu as The Company Dime looked into announcements about two other similar initiatives. Evidence of a third turned up, then a…
JetBlue last week began selling bundled fares in a new three-tier structure. The content is accessible in global distribution systems, but most corporate self-booking tools don’t yet fully display the options. AmTrav last week claimed its homegrown booking tool was first. Hooking up the new content isn’t about connecting to an API or building an alternative mechanism,…
June was a huge month for two of Concur’s California-based competitors. Coupa raised $80 million at a valuation of $1 billion. Chrome River picked up $100 million, declining to disclose its assessed worth. Enterprise tech is attracting venture capital as established and new providers exploit mobile and cloud technology. The moves also reflect a competitive expense management software…
[UPDATE, Oct. 1: In late September, Sabre GetThere made available bookings for United’s Economy Plus seating. Users without elite status on the airline have the option to split payment for the product upgrade by charging the added cost to a personal credit card if corporate policies disallow such purchases. Travel managers can decide whether the…
Most companies don’t have a homegrown business travel booking system, but NetJets Aviation is a bit unique. Its business is scheduling travel and moving people around. The company in the mid-1990s spent $20 million to build proprietary logistics software to handle requests from clients. NetJets then layered on corporate travel components for its own pilots and flight…
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