Perk provides an AI‑driven platform that consolidates corporate travel booking, expense capture, and invoice processing into a single system. The solution enforces real‑time policy controls, automates receipt extraction and invoice routing, and delivers a unified dashboard for spend visibility and compliance. Integrated travel marketplace, corporate card suite, and 24/7 support reduce administrative overhead for finance and travel teams.
Funding
$80M 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.
Founders
Product
Problem
Corporate travel, expense reporting, and invoice processing are typically handled by separate systems, requiring manual data entry, multiple approvals, and extensive coordination. This fragmentation leads to low visibility into spend, policy compliance gaps, and significant administrative overhead for finance and travel teams.
Solution
Perk delivers a unified, AI‑enhanced platform that combines end‑to‑end travel booking, automated expense capture, and centralized invoice management. Users can book flights, hotels, rail, and car rentals from a single inventory while the system applies corporate policies in real time. AI extracts and categorizes receipt data on the mobile device, matches transactions to corporate cards, and routes invoices for approval with minimal manual effort. Finance teams gain a consolidated dashboard that provides real‑time spend visibility, compliance alerts, and actionable insights across travel, card usage, and invoicing. Integrated 24/7 travel support and optional event‑management tools complete the solution, reducing administrative workload and improving control over corporate spend.
Target Audience
Primary customers are corporate travel managers, finance and procurement teams, and business travelers within mid‑size to large enterprises that require consolidated control over travel bookings, spend, and invoicing.
Features
- Integrated travel marketplace with proprietary rates for flights, hotels, rail, and car rentals, accessible via a single booking UI.
- AI‑driven receipt capture that auto‑extracts line‑item data, categorizes expenses, and matches them to corporate card transactions.
- Policy engine that enforces spend limits, approval workflows, and compliance rules in real time, flagging violations before booking or payment.
- Centralized invoice automation that uses machine learning to code, route, and approve invoices, supporting VAT recovery and audit trails.
- Perk Card suite (physical, virtual, and lodge cards) with embedded policy controls, spend limits, and automatic cashback accrual.
- Real‑time analytics dashboard delivering unified visibility of trips, card spend, and invoices, with customizable reporting and alerts.
- Seamless integrations via APIs and pre‑built connectors to major ERP, HR, and finance systems (e.g., SAP, Workday, Concur).
- 24/7 multilingual traveler support and proactive travel alerts for disruptions, safety, and regulatory changes.
- Event and group travel management tools that enable custom landing pages, RSVP tracking, and post‑event cost reconciliation.