With business travel projected to begin re-emerging over the
coming months, expense management and corporate payment provider Expensify is
getting into the booking game, rolling out a virtual assistant through which
travellers can book flights, hotels and rental cars via chat or email.
Dubbed Concierge Travel, the service is available for free
to all holders of the Expensify Card, the payment tool the company launched
last year. Rather than charging a per-booking or subscription fee for the
booking service, Expensify earns a percentage of the interchange fee paid by
the supplier accepting payment via the card. The card is offered as a
complimentary service under both Expensify's US$5 per user and $9 per user
service plans.
Concierge Travel includes complimentary Covid-19 alerts and
risk assessment services from travel security and medical specialist Global
Rescue for all bookings, according to Expensify. International travellers also
receive a destination report containing virus-related details, such as entry
and exit requirements for their country of travel. Travel managers can set
parameters and policy controls based on risk assessments and other factors,
such as fare classes and star ratings for hotels.?
Concierge Travel is starting off with live agents working
behind the scenes to fulfil bookings, with fully automated fulfilment expanding
as the system's artificial intelligence becomes more advanced, said Expensify
CEO David Barrett. Agents will book travel through public online travel agencies,
according to Expensify.
The launch of Concierge Travel is the latest major addition
to Expensify's service line, following the October 2019 debut of the Expensify
Card. Bringing expense management, payment cards and booking under one roof
helps fulfil the company's mission of simplifying corporate travel and expense
management, according to Barrett.
"Our priority has always been to make the entire
expense management process as easy as possible for the end user, and housing
all of these services within Expensify makes for the smoothest experience
imaginable," Barrett noted.
"A user can simply chat Concierge with a booking
request ¡ and it takes care of the rest," he continued. "During your
trip, you just swipe the card without worrying about receipts and get an
instant notification on your phone if an expense needs more details. After the
trip, all the heavy lifting of receipt tracking and expense management has been
done, so you can focus on literally anything else."