Interviewing American Express Global Business Travel CEO Paul Abbott during a Sept. 7 investor meeting, Citi equities analyst Pete Christiansen referenced a “really good” financial services company that GBT had recently won. Turns out, it’s Citi. Implementation in multiple countries is due by year-end, sources said. CWT, which declined to comment, has been Citibank’s primary…
Expense software developers and corporate travel providers are progressing in their efforts to kill the manual work associated with expense reporting. The application of artificial intelligence appears to be accelerating what has been a slow and painful demise. Emburse on Tuesday announced AI-powered receipt scanning — “the next step in realizing Emburse’s vision of an…
The plan by blockchain company Blockskye to reinvent corporate travel processes is underway at PwC, according to sources. The accounting giant, with plenty of interest in blockchain technology for its own services, was not named in earlier coverage. Its participation has been one of the industry’s worst-kept secrets. PwC moved its travel management business in…
Many surveys have sought to determine how companies can improve the travel experience by capturing sentiments about this perk or that convenience. GoldSpring Consulting went further by ascribing costs and building a model to calculate the price of greater traveler satisfaction. It already produced surprising results about priorities and potentially easy program improvements. The effort…
The Company Dime‘s Jay Campbell on June 28 interviewed Flight Centre Travel Group’s president of the Americas, Charlene Leiss, on a live show via LinkedIn Audio. They surfaced some potential conventional wisdom about a variety of topics. An edited transcript follows. So, Charlene, there’s a lot going on in the industry, but as often happens,…
Navan chief people and financial officer Thomas Tuchscherer stepped down last month. His finance duties and the CFO title went to Ram Bartov, who joined the company over three years ago. Navan’s initial public offering is among the most anticipated with the IPO market still in “rebuilding mode,” as a Citigroup analyst described it in…
Per-person meal costs tend to be higher for groups than for solo diners. Per-capita food costs when companies contract with hotels and restaurants for dedicated event space are higher still. Internal meetings among remote workers who interact less frequently on a day-to-day basis are on the rise. Accounting for all that, BeiGene last month enacted…
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