expense management

Coupa Buys Mobile Business Travel Tech Developer ETA Inc.

Spend management company Coupa added more travel tech to its portfolio, acquiring business travel app builder ETA Inc. ETA co-founder and CEO Choon Hong Peck on Friday informed The Company Dime of the transaction, indicating that he was unable to disclose additional details. Contacts at publicly traded Coupa have not responded to requests for comment….

TravelBank CEO: ‘Strategic Conversations Are Very Difficult’

[UPDATE, Nov. 16, 2021: U.S. Bank parent U.S. Bancorp agreed to acquire partner TravelBank. Financial terms were not disclosed.] TravelBank is doubling down on expense management, which CEO and co-founder Duke Chung called “the only software you can justify purchasing at this time.” During a Wednesday phone interview, Chung described the company’s new Work From…

Ongoing Expensify Episode Puts To The Test That Age-Old Business Travel Question: Who Is The Customer?

Multiple Expensify clients are planning to find a replacement as complaints about the expense software company’s card program marketing to individual employees continued into a second month. Among the clients whose people have grumbled publicly are Wordpress builder Automattic and payments platform Square. Katie Dally is a communications professional at Square. “Nobody likes doing expenses,…

How To Break The Bond Between Corporate Travel Management And International Criminal Activity

It was a record year for U.S. federal prosecution of corruption and fraud. The Justice Department Criminal Division in 2019 charged more individuals, and secured more guilty pleas, for violations of the Foreign Corrupt Practices Act than in any year since it was enacted four decades ago. This topped the previous two years, which were…

Kayak Eyes Managed Corporate Travel As Its Parent Company Invests In Serko, A Potential Enabler

Meta search company Kayak as early as last year began exploring a business travel gateway to supplier sites and online travel agencies which could include negotiated corporate rates. The company last month announced a free service including a number of business travel functions, but it also revealed greater managed-travel ambitions. After first applying certain policies…

TripActions Puts Its Millions To Work On Payment, Expense

[UPDATE, Feb. 25, 2020: TripActions announced partnerships with Comerica Bank, Goldman Sachs, Silicon Valley Bank and Visa for the Liquid initiative. The program, using cards issued by Stripe, offers clients a 1.5 percent rebate, integrates with the booking process to support policy compliance and delivers unified payment and booking reports.] At the GBTA convention in…

St. Louis Sales Exec Indicted For Fake Expense Claims

Authorities on Friday arrested a senior sales director for St. Louis-based cheese wholesaler Swiss American Inc. on three counts of wire fraud related to use of a company credit card. According to a U.S. Department of Justice complaint, Tara Sabatini during 2017 and 2018 used her card for personal expenses including flights and hotel rooms…

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