LOS ANGELES AND PORTLAND, MAINE – May 18, 2023 – Emburse, the global leader in spend optimization, announced today that Emburse Spend was named “Expense Management Platform Of The Year” in the TravelTech Breakthrough Awards. The annual awards recognize the world’s best companies, products, and services in the travel and hospitality technology industry.
Emburse Spend simplifies expense management so business travelers can have the freedom and flexibility they want while finance teams can see and approve spend before it even happens. With it, companies can issue virtual cards that come with built-in controls and the ability to auto-reconcile.
“We are committed to offering user-friendly solutions that enhance the business travel experience, so I’m thrilled that Emburse Spend was recognized as the Expense Management Platform Of The Year by TravelTech Breakthrough,” said Eric Friedrichsen, CEO of Emburse. “With Emburse Spend, business travelers are empowered to purchase what they need without too much worry or extra work. Finance teams can also rest easy knowing there are pre-set budgets and controls around policies in place. There’s less waste plus the ability to make smarter, more timely decisions based on increased visibility, more effective control, and deep technology integrations.”
TravelTech Breakthrough is a leading independent market intelligence organization that evaluates and recognizes standout travel technology companies, products, and services around the globe. The TravelTech Breakthrough Awards conducts a comprehensive analysis and evaluation of the top technology companies, solutions, and products in the travel technology industry. This year’s inaugural program attracted more than 1,250 nominations from over 12 different countries throughout the world.
“Booking work travel can be a nightmare. Especially if there are no company credit cards, so each person is having to pay on their own upfront, then has to follow the process for reimbursement. In these cases, companies have no visibility or insight into spend, and the best you can do is send over the company policy, hoping they’ll follow it and stay within their budgeted amount. Everything from budget tracking, cost control, compliance, and payment management becomes more complicated than it should be,” said Bryan Vaughn, Managing Director of TravelTech Breakthrough Awards. “Emburse Spend is the ideal solution for teams who want to automate expense reporting from start to finish while tracking multiple expense data points. Congratulations on being the recipient of the Expense Management Platform of the Year!”
Emburse is the global leader in spend optimization. Our expense, travel management, purchasing and accounts payable, and payments solutions are trusted by more than 12 million business professionals, including CFOs, finance teams, and travelers. More than 18,000 organizations in 120 countries, including FORTUNE 100 corporations, high-growth startups, public sector agencies, and nonprofits, count on our intelligent automation, sophisticated analytics, and unmatched spend control to streamline processes, increase spend visibility, enhance compliance, and deliver positive financial outcomes.
Our mission is to humanize work by eliminating manual, time-consuming tasks, so our customers and their teams can focus on what matters most in their personal and professional lives.
For more information on Emburse, visit emburse.com, or follow our social channels at @Emburse.
About TravelTech Breakthrough
Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the TravelTech Breakthrough Awards program is the premier awards and recognition platform devoted to honoring excellence in travel technology products, services, and companies around the world. The TravelTech Breakthrough Awards provide public recognition for the achievements of travel technology companies and products in categories that include Property Management, Reservations Platforms, Airline Operations, Travel Analytics and more. For more information visit TravelTechBreakthrough.com.