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Lola.com is a software as a service (SaaS) company based in Boston, Massachusetts. It is best known for developing corporate travel management and expense software for web browsers, the App Store and Google Play. [1] The company was founded in 2015 by former Kayak.com executives, Paul M. English and Bill O'Donnell. [2] [3]
Ramp explains what goes into travel and expense management, how to design an effective T&E policy, important tax considerations, and how software can streamline the process for a company.
SAP Concur (formerly Concur Technologies) is an American software as a service company providing travel and expense management services to businesses. [4] Its headquarters are in Bellevue, Washington. [4] SAP SE agreed to acquire Concur Technologies in September 2014 for $8.3 billion. [4] The deal was completed in December 2014. [2]
A great travel and expense policy outlines how employee expenses for business-related travel are managed, such as airline tickets, hotel reservations, ground transportation, and meals.
It reported having 1500 employees. [19] In February 2022, TripActions acquired Comtravo, a German corporate travel company with 2,500 clients and 250 employees. [20] In February 2023, TripActions rebranded to Navan, bringing together its offerings into a travel and expense services app. The palindrome name Navan has roots in the words "navigate ...
The survey also found that employee reimbursement time on average is 17 days and could take up to a month. [13] In 2016, KDS launched a survey devised to investigate the attitudes, actions and behaviors of UK and U.S. business professionals when booking and managing their work-related travel and reporting travel expenses.
TechCrunch caught wind of corporate card startup Ramp back in August of 2019, when the company raised an early round of $7 million. Corp card rival Brex had put together a $100 million round just ...
Expensify has developed a reporting expense mobile and web application that is available in the Apple and Android marketplaces. [5] [16] The app tracks and files expenses such as fuel, travel, and meals; once users photograph receipts, artificial intelligence identifies the merchant, date and amount of the transaction, then automatically categorizes and saves the expense.