It will help its corporate customers track ground travel expenditure in real-time and process travel reimbursements with ease.
Global ride-hailing giant Uber and Happay, a Bangalore-based Business Expense Management Solution provider opens a travel ecosystem to help Uber users manage expense from anywhere, on any device.
With this new partnership, Happay will help its corporate customers gain complete visibility and consequently realise significant cost savings on their ground transportation while at the same time increasing employee productivity and satisfaction. Corporate finance teams will have more control and will be able to track ground travel expenditure in real-time and process travel reimbursements with ease.
According to Happay, Happay corporate customers can take advantage of the auto-expense feature by creating an Uber for Business account for their company and inviting their employees to use the company’s Uber for Business Profile. Once the profile is enabled, employees select Happay as their expense management provider within the payment settings. Every time employees complete a ride on their business profile, Uber automatically sends ride information from the employee’s business profile account to their Happay account, without the need for any additional input. Happay then converts this data into an expense item, ready for submission.
Empower employees to spend digitally while staying in control
Anshul Rai, co-founder and CEO of Happay said, “Everything we do at Happay is focused on making lives easier for our users - whether it’s helping them manage expenses from anywhere, on any device, or eliminating the need to manually input expense details. Our partnership with Uber is very much in line with this philosophy. Business travellers no longer need to punch in their ride data manually.”
He further adds, “What we are also doing is opening up the travel ecosystem and directly tapping into the source of spending (the merchants). With such partnerships, we are able to ensure more user loyalty for merchants like Uber and ensure business spending is legitimate, for the corporates.”
Arjun Nohwar, head of Uber for Business for APAC said, “Uber for Business continues to see an overwhelming response from corporates across India. Empowering our riders to automatically submit their receipts for reimbursement is a logical step towards making business trips simple and stress-free. Thanks to our partnership with Happay, we can ensure corporates never have to worry about travel receipts again.”
Happay claims that this partnership with Uber for Business is one of the many strategic initiatives that it has undertaken to transform Travel & Entertainment (T&E) expense management in India. Happay has reportedly unveiled a CFO Benchmark report titled ‘State of Indian Enterprise Travel & Expense Management 2018’. The research was undertaken by CFO India magazine on behalf of Happay to understand the current state of Travel and Entertainment (T&E) expense management across companies in India and the degree of automation in it.
Happay also launched an Enterprise version of its expense management platform recently with AI-powered capabilities that help employees to auto-extract transaction data from Gmail invoices, SMSes, travel booking software, credit card statements, auto-scan of receipts, and many more. The Enterprise version also seamlessly integrates with a broad range of Enterprise software such as Accounting ERPs, HRMS solutions, Travel management solutions, in-house solutions, CRM, etc, for a seamless exchange of data.
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