Expensify Launches Consolidated Travel Billing to Simplify How Companies Pay for Business Travel
Companies can now pay for flights, hotels, cars, and rail booked through Expensify Travel in one monthly bill.
Expensify, Inc. (Nasdaq: EXFY), the easiest way to manage expenses, corporate cards, and travel, today announced consolidated travel billing, a new payment option for Expensify Travel that enables businesses to centrally manage travel spend without issuing corporate cards to every traveler or relying on employee reimbursements.
"Central billing cards have long been the default solution for companies that don't want to distribute corporate cards to employees, but they often introduce new challenges around reconciliation, visibility, and administration," said Ryan Schaffer, CFO of Expensify. "With consolidated travel billing, we've reimagined central billing for modern travel programs, giving companies the convenience of centralized payment with a much simpler management experience. For travel managers, it's a better way to pay for business travel."
Key benefits of consolidated travel billing include:
