Tripit’s technology will allow the company to bring what he describes as “unmanaged” business travel into the expense management process.
“Managed travel is when you do everything through the company’s travel agent, whereas unmanaged travel is when you pay for a train ticket or a hotel room on your personal credit card,” he explains. “With Tripit, you don’t really have to make that distinction any more, because it allows you to collect all kinds of booking information in one spot.”
Concur is now working on the integration of the two companies’ technology. “Our strategy is to combine Tripit’s ability to take itineraries and trips from anywhere with Concur’s ability to make sure all your bookings and expense claims are reconciled,” he explains.
(Curated by Dennis Moore. Read the complete article here)