What is the scenario of corporate travel after pandemic?
The pandemic 2020 has resulted in the widespread use of video conferencing and virtual meetings.
Corporate travel is now evolving and expanding with time. It may be the key to employee retention. Bringing distant colleagues together is necessary for relationship building and hence, business visits may become more functional, strategic, and valued than ever before in long-run.
How TrackEx helping Industries?
TrackEx can help companies to address difficulties such as travel expense management, visibility, and the danger of making bad spending decisions. All the business travelers can record their entire trip in one app or tool, from pre-approved trips, bookings to expense reimbursements, and save 70% of their time, with other benefits of:
- Hassle-free audit processes
- Scan Receipts Effortlessly On-The-Go(OCR)
- Pre-trip, multi-layered approval and scheduling
- Real-time expense reporting with Quickbooks
- 100% policy compliance
What kind of technology is used and is it user friendly?
The technology applictions of TrackEx are:
- AI and machine learning underpin TrackEx’s Optical Character Recognition (OCR)
- Automate Mileage Tracking For Corporate Travel for organizing travel expenses the way you want them.
- Real-time expense reporting with QuickBooks can get all of your expenditure accounts, employee information, and customer lists in one location.
- TrackEx can be integrated with any of the platforms like CRM, ERP, HRMS or accounting software as per the specific needs of companies.
- Automated credit-card integration system links pre-approved costs to invoices for centrally-billed cards, allowing for quick and precise reconciliation.
TrackEx provides a custom-built solution for all of the company’s difficulties, regardless of multiple demands. Also, it is easy to use and simple to intercat with.
Which industries can get maximum benefit out of it?
TrackEx provides solution to 4 major industries:
- Staffing Firms-Reduce the T&E workload for shared service centres and staffing firms.
- Healthcare- Aim at cost-savings, increased productivity, and the achievement of high standards of care through comprehensive visibility and control over business travel and spending.
- Retail- Reducing T&E problems so that retailer can concentrate more on developing a value-added customer experience.
- ITES- Manage corporate spending and travel effectively with a single integrated solution.
What are long term goals of Trackex?
The 3 broad long-term goals of TrackEx are-
- Expand the scope for integrated capabilities that can record all travel booking possibilities.
- Pure alignment between the procurement and financial goals with our travel and spending management programme.
- Processes that are seamless, repeatable, and lead to abolition of manual intervention completely.
