Expense software startup Ramp launches new corporate Travel marketplace powered by Priceline
Summary
Ramp, the five-year-old expense management software and corporate card startup, doesn’t just want to be the provider of choice for enterprise finance and accounting teams. The new solution integrates Ramp’s enterprise policy controls and settings, expense automations, and spend analytics with Priceline’s extensive inventory and competitive deals. Essentially, an employee whose company has contracted its corporate expense management software and cards with Ramp will get the opportunity to, through the existing Ramp platform and app interfaces, now have the ability to book travel via a Priceline plugin, with all the spend on flights, hotels, and rental cars tracked automatically — without them having to keep track of their receipts manually. “As long as a Ramp card is used, we work in the background to detect spend in real-time, use enhanced data signals to check receipts against compliance policies, collect receipts to automate expense reporting, and streamline accounting.” Ramp Travel leverages Priceline’s global network of airline partners, accommodation options, and industry-leading rates, offering users streamlined access to exceptional deals on flights and hotels worldwide. We’ll see if it helps the company in its fight against other business expense management software such as SAP’s Concur and Brex, the latter of which just today announced a wave of AI-powered updates.