A New TEM Player: Trippeo
webadmin 3 Feb 2015As we gear up for the publication of 2015’s first research release, the Travel and Expense Management report, we are alert for any new developments in the TEM space. One such development has recently come to our attention—a new software provider, Trippeo, has released their first travel and expense reporting software.
We took a look at their new product on their website, and it is definitely impressive. According to Trippeo, their T&E platform has been designed to appeal to the modern-day workforce accustomed to conducting business through apps and in the cloud.
It seems they work to accomplish this with several time-saving features, including automated importing and tracking of credit or debit card transactions, automated expense reporting and reimbursement submissions, and policy-compliant flight and hotel filters. In addition, users can effortlessly add, amend or delete expenses on the fly as they purchase, and there is an option to capture and attach a photo of supporting receipts.
The platform drives speed but does not sacrifice accuracy. Data pulled from the expense reporting process is organized and stored in the cloud, and can be viewed anytime within the iOS app or on Trippeo’s dynamically designed web dashboard. The platform is also complete with robust reporting, analytics, and policy enforcement tools for company administrators.
Trippeo’s CEO Adarsh Pallian reported that the company’s focus is primarily on small and midsize enterprises (SMEs). He described their target users as “today’s young, tech-savvy workforce” and that the platform appeals to these professionals with its ability to make it “ridiculously easy and fast to manage business expenses on the go.”
Even though they are just jumping into the TEM software market, Pallian encourages organizations to give their new platform a look. “I invite anyone frustrated with existing T&E solutions, or those currently using spreadsheets for expense management, to sign up and experience the difference.”
We wish Trippeo luck with their new platform. What do you think? Does Trippeo’s focus on speed, simplicity, and efficiency seem like the right fit for your organization’s traveling workforce?
