NexTravel is a business travel platform that centralizes booking, management, and expense reconciliation for corporate travel, enabling companies to implement travel policies and automate approvals. By providing a user-friendly interface and real-time insights, it helps organizations control travel spending and streamline administrative processes.
Funding
$4.5M 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.
DSPA+1Founders
Product
Problem
Managing corporate travel often involves fragmented booking processes, difficulty enforcing travel policies, and cumbersome expense reconciliation, leading to increased costs and administrative overhead. Companies struggle to gain real-time visibility into travel spending and ensure compliance with budgetary guidelines.
Solution
TravelPerk is a business travel management platform that consolidates booking, policy enforcement, and expense tracking into a unified system. The platform provides a user-friendly interface for employees to book flights, hotels, and car rentals while adhering to pre-defined travel policies. Automated approval workflows streamline the authorization process, and integrations with expense management tools like BILL Spend & Expense and Ramp automate reconciliation. TravelPerk offers real-time analytics and reporting, giving finance teams insights into travel spending and enabling data-driven decisions to optimize travel budgets. The platform also includes 24/7 customer support to assist travelers with any issues that may arise during their trips.
Target Audience
TravelPerk is designed for businesses of all sizes, from startups to large enterprises, seeking to streamline their corporate travel management processes, control costs, and improve the traveler experience.
Features
- Centralized booking platform for flights, hotels, trains, and car rentals with a global inventory of options.
- Customizable travel policies and automated approval workflows to ensure compliance and control spending.
- Integration with expense management systems for automated reconciliation and simplified expense reporting.
- Real-time analytics dashboard providing visibility into travel spending, trends, and potential cost savings.
- FlexiPerk add-on for flexible cancellations with at least 80% refund guaranteed.
- 24/7 customer support to assist travelers with booking changes, disruptions, and other travel-related issues.
- Mobile app for booking and managing travel on the go.
- Duty of care features, including traveler tracking and alerts, to ensure employee safety during travel.