Traxo CEO Andres Fabris recently joined the April 6, 2018, BTN "Solving Hotel Attachment" webinar with Steve Reynolds from TRIPBAM and Cathy Sharpe from ITW. The panel shared how large enterprises like ITW are working with Traxo to capture the complete view of their corporate travel activity and leveraging TRIPBAM to deliver significant savings on their hotel spend.
“Out Of Program”
No matter what you call it, when employees book their travel anywhere except their travel management company, it’s a blindspot.
Guest post from Traxo client Chrome River, a leader in modern expense reporting solutions
by Julie Roy
Generating sales can be a complex and sometimes expensive endeavor, with solution demos, RFPs, and on-site presentations and foll
ow-up meetings all forming part of the process. Even after the initial sale, account managers need to ensure that customers remain happy with the relationship and, where possible, upsell new products and services.
Guest post from Traxo client AirHelp, the leader in air passenger rights
by Paul French
Detailed hotel folio data provides better insight for lodging expense
Traxo FOLIO provides a first-of-its-kind solution for extracting fully itemized spend detail from a hotel receipt upon checkout, enabling more granular visibility into T&E spend for more proactive expense management. Whereas card data typically only reports what was spent at the aggregate merchant level — think “$800 at Hotel XYZ” — Traxo FOLIO automatically breaks down that $800 into 22 categories across multiple languages, covering things like meals, parking, wifi charges, room rate, taxes, and more.
In a perfect world, data management for Duty of Care would be an afterthought.
Companies would deploy top-notch corporate travel booking tools with the best rates and amenities procured by their travel management companies (TMCs). These services would be so fabulous and user-friendly that employees would use them religiously. And with 100% employee compliance, all that spend and itinerary data would flow seamlessly to the company’s risk management team and service providers. Risk alerts, employee location updates, and support requests based on this fully integrated booking data would happen automatically, in real time. Corporate travel managers could rest easy with the confidence that their fully integrated, dynamically automated managed travel program essentially runs itself, worry-free.
Series B, New Products, New Partners
I hope your 2017 is going well; for the Traxo team 2017 has gotten off to an amazing, rocket-fueled start!
We finished 2016 on a high note, announcing the close of our $5.2M Series B round, let by new investor TripAdvisor and joined by existing investors Thayer Ventures, Advantage Capital Partners, and Silver Creek Ventures, and welcoming new investor Aristos Ventures. These funds will be used to accelerate our technology initiatives, and expand our sales and marketing footprint. More to come on those fronts soon, so stay tuned!