The startup offers a cloud-based travel booking platform that centralizes the management of business travel, including transportation, accommodation, and invoice administration. By eliminating commission fees, the platform enables companies to streamline travel arrangements and reduce costs while ensuring timely bookings.
Funding
$67M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
MEFounders
Product
Problem
Managing business travel often involves fragmented processes, manual invoice handling, and hidden commission fees, leading to increased costs and administrative overhead for companies. Coordinating transportation, accommodation, and compliance with travel policies can be time-consuming and complex.
Solution
BizAway offers a cloud-based platform designed to streamline and centralize business travel management, enabling companies to book and manage trips in one place. The platform automates travel policy enforcement and approval workflows, giving travel managers control over costs and invoicing. By eliminating commission fees and providing an intuitive interface, BizAway reduces travel expenses and saves time for travelers, travel managers, and accounting departments. The platform is accessible from any device and can be customized to fit the organizational structure of various companies, including setting expenditure budgets and managing international branches.
Target Audience
BizAway primarily targets medium to large-sized companies seeking to optimize their business travel processes, reduce costs, and improve the travel experience for their employees.
Features
- All-in-one platform for booking flights, hotels, trains, and car rentals
- Automated travel policy enforcement and approval workflows
- Real-time expense tracking and reporting
- Integration with major Global Distribution Systems (GDS) and travel suppliers
- Mobile app for on-the-go booking and management
- 24/7 multilingual customer support via instant chat
- BizzyFlex option for canceling reservations up to three hours before departure and receiving 80% refund
- VAT recovery service to automate VAT reclaim processes
- BizzyPay end-to-end payment solution for managing corporate expenses
- Travel Risk Management to monitor and mitigate travel-related risks
- Carbon offsetting options to promote sustainable travel
- Global Travel API for integrating travel management into existing systems