ITILITE

About ITILITE

ITILITE is a corporate travel and expense management platform that integrates travel booking, expense reimbursement, and corporate card solutions into a single application, enabling real-time spend monitoring and policy compliance. The platform reduces travel costs by up to 30% and accelerates reimbursement processes by 50%, enhancing operational efficiency for businesses.

```xml <problem> Managing corporate travel and expenses often involves disparate systems, leading to inefficiencies in booking, spend monitoring, and policy compliance. Traditional expense reimbursement processes can be tedious and time-consuming for both employees and finance teams. Lack of real-time visibility into travel spending hinders cost control and budget management. </problem> <solution> ITILITE offers a unified platform for corporate travel and expense management, integrating travel booking, expense reimbursement, and corporate card solutions into a single application. The platform provides real-time spend monitoring and automated policy compliance, streamlining the entire process from booking to reimbursement. By centralizing travel and expense management, ITILITE enhances data visibility, reduces administrative overhead, and empowers employees with a user-friendly experience. The integrated corporate card further simplifies travel payments and offers cashback incentives. </solution> <features> - Integrated booking tool for flights, hotels, and car rentals with real-time spend data monitoring - Automated expense reimbursement with policy controls and audit trails - Corporate card integration with 1.5% cashback and simplified payment processing - Mobile app for travel booking and expense filing on the go (iOS and Android) - 24/7 support via call, chat, and email with guaranteed response times - Integration with HRMS, accounting, SSO, and CRM systems - Centralized hotel payment options to eliminate credit card authorization forms - Customizable approval workflows for travel requests and expense reports </features> <target_audience> ITILITE primarily targets CFOs, travel managers, executive assistants, and office managers in companies across various industries, including staffing and recruiting, construction, manufacturing, and transportation & logistics. </target_audience> <revenue_model> ITILITE uses a per-trip pricing model, charging $10 per trip with no annual fee or minimum commitment, and offers up to 2.5% cashback. </revenue_model> ```

What does ITILITE do?

ITILITE is a corporate travel and expense management platform that integrates travel booking, expense reimbursement, and corporate card solutions into a single application, enabling real-time spend monitoring and policy compliance. The platform reduces travel costs by up to 30% and accelerates reimbursement processes by 50%, enhancing operational efficiency for businesses.

Where is ITILITE located?

ITILITE is based in Alo, India.

When was ITILITE founded?

ITILITE was founded in 2017.

How much funding has ITILITE raised?

ITILITE has raised 51740000.

Location
Alo, India
Founded
2017
Funding
51740000
Employees
411 employees
Major Investors
Tiger Global Management, Dharana Capital

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ITILITE

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Executive Summary

ITILITE is a corporate travel and expense management platform that integrates travel booking, expense reimbursement, and corporate card solutions into a single application, enabling real-time spend monitoring and policy compliance. The platform reduces travel costs by up to 30% and accelerates reimbursement processes by 50%, enhancing operational efficiency for businesses.

itilite.com50K+
cb
Crunchbase
Founded 2017Alo, India

Funding

$

Estimated Funding

$50M+

Major Investors

Tiger Global Management, Dharana Capital

Team (250+)

No team information available.

Company Description

Problem

Managing corporate travel and expenses often involves disparate systems, leading to inefficiencies in booking, spend monitoring, and policy compliance. Traditional expense reimbursement processes can be tedious and time-consuming for both employees and finance teams. Lack of real-time visibility into travel spending hinders cost control and budget management.

Solution

ITILITE offers a unified platform for corporate travel and expense management, integrating travel booking, expense reimbursement, and corporate card solutions into a single application. The platform provides real-time spend monitoring and automated policy compliance, streamlining the entire process from booking to reimbursement. By centralizing travel and expense management, ITILITE enhances data visibility, reduces administrative overhead, and empowers employees with a user-friendly experience. The integrated corporate card further simplifies travel payments and offers cashback incentives.

Features

Integrated booking tool for flights, hotels, and car rentals with real-time spend data monitoring

Automated expense reimbursement with policy controls and audit trails

Corporate card integration with 1.5% cashback and simplified payment processing

Mobile app for travel booking and expense filing on the go (iOS and Android)

24/7 support via call, chat, and email with guaranteed response times

Integration with HRMS, accounting, SSO, and CRM systems

Centralized hotel payment options to eliminate credit card authorization forms

Customizable approval workflows for travel requests and expense reports

Target Audience

ITILITE primarily targets CFOs, travel managers, executive assistants, and office managers in companies across various industries, including staffing and recruiting, construction, manufacturing, and transportation & logistics.

Revenue Model

ITILITE uses a per-trip pricing model, charging $10 per trip with no annual fee or minimum commitment, and offers up to 2.5% cashback.

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ITILITE - Funding: $50M+ | StartupSeeker