Business Wire

TripActions Launches ‘TripActions Liquid’ to Revolutionize Global Travel Payments

Backed by Silicon Valley Bank, Goldman Sachs and Comerica Bank, TripActions secures up to $500 million debt facility to launch first-of-its-kind, end-to-end global corporate travel management and payments solution

  • MPEG-4 Video

Introducing TripActions Liquid - revolutionizing corporate travel payments (Video: TripActions)

Introducing TripActions Liquid - revolutionizing corporate travel payments (Video: TripActions)

TripActions Liquid is the first-of-its-kind, end-to-end global corporate travel management + payments solution (Photo: TripActions)

With TripActions Liquid, companies, finance leaders and travel managers can set smart policies to manage travel spend in real-time (Photo: TripActions)

With TripActions Liquid, companies, finance leaders and travel managers can set smart policies to manage travel spend in real-time (Photo: TripActions)

Seamless integration with TripActions corporate travel platform ensures that TripActions Liquid knows when an employee is on a work trip and can be configured to auto-enable the traveler’s card (Photo: TripActions)

Seamless integration with TripActions corporate travel platform ensures that TripActions Liquid knows when an employee is on a work trip and can be configured to auto-enable the traveler’s card (Photo: TripActions)

TripActions Liquid solves the hassles of travel payments to deliver the best experience in business travel (Photo: TripActions)

TripActions Liquid solves the hassles of travel payments to deliver the best experience in business travel (Photo: TripActions)

trip action liquid card

Early users at Lyft , letgo , Toast, Zoom and other forward-thinking companies rave about TripActions Liquid, noting it delivers:

  • The first real-time, unified reporting of travel spend with travel bookings and payments centralized in a single platform to deliver a global view that empowers finance and travel leaders to unlock new insights to optimize spend.
  • Real-time control over travel payments with the ability to set policy controls to increase compliance and enable travel payment approvals in real-time when employees are booking travel or while on a work-related trip.
  • An even better traveler experience by giving employees the confidence that their company has their travel payments covered. With peace of mind, travelers can focus on being there, rather than getting there.
  • Automated reconciliation and reporting of travel payments across flights, hotels, trains, rental cars and other travel purchases gives finance and travel leaders time back to focus on higher value, strategic initiatives.

“Implementing TripActions Liquid took minutes and we’ve seen immediate improvements to our travel payments process,” said David Wieseneck, VP Finance at letgo. “ With TripActions Liquid, we’re getting top reviews from travelers who appreciate the experience, as well as our finance team who love that reconciliation of travel payments now takes less than ten minutes.”

“Organizations have sacrificed for too long with inferior corporate travel management platforms—from clunky booking tools to poor service, out-of-control costs and complicated travel payments processes,” noted Ariel Cohen, Co-founder and CEO at TripActions. “Through our customers’ success, we’ve demonstrated that our state-of-the-art technology paired with our best-in-class travel agency service is the only choice in corporate travel management. That’s because TripActions is proven to deliver a great experience for business travelers while empowering their organizations to control costs and save money.

“Now, as part of our commitment to our users to improve their end-to-end travel experience, we’re revolutionizing travel payments to help enterprises further delight their employees while optimizing travel processes and spend,” added Cohen.

“Just as the corporate travel management sector has seen tremendous investment to drive innovation, travel payments is the next space that needs disruption,” said Kevin Permenter, Research Manager at IDC . “As a leader in the space, TripActions is well positioned, with the introduction of its enhanced payment capability, to take advantage of the huge market opportunity for travel payments. The product enhancement demonstrates that TripActions continues to work diligently to add more and more value to its users, customers, partners and the market as a whole.”

TripActions differs from legacy players by putting the business traveler first. Combined, TripActions and TripActions Liquid deliver consumer-like ease-of-use with powerful personalization, unrivaled inventory choice, 24/7 travel agents and streamlined travel payments that business travelers love. As a result, organizations achieve high adoption. That gives enterprise leaders the spend visibility, control and insights they need to optimize their travel, save money and fulfill duty of care. To learn more about TripActions, visit www.tripactions.com . To learn more about TripActions Liquid, visit https://tripactions.com/liquid .

Additional Quotes:

David Wieseneck, VP Finance, letgo

  • “Deciding to use TripActions Liquid for travel payments was a no-brainer for letgo. I can’t see why anyone wouldn’t want to use this. It’s more secure, it saves time, and makes our lives easier.”

Jasmine Pope, Procurement Travel and Expense Analyst, Lyft

  • "Where it used to take weeks with all the manual work required, travel payment reconciliation now takes under an hour each month with TripActions Liquid reducing our collective workload by more than 20%."

Tu Nguyen, Accounts Payable Analyst, Zoom

  • “While nearly everything was self-service and easy to set up, I was really pleased at how this entire implementation went, as well as the ongoing support we’ve been receiving while rolling out TripActions Liquid. I feel like we’re really getting a white-glove experience and I appreciate that they treat us like a true partner.”
  • “Reconciliation now takes under an hour with TripActions Liquid, versus a month previously when we had to manually call hotels to verify data.”

Victoria Regan, Managing Director of Loan Syndications, Silicon Valley Bank

  • “SVB welcomed the opportunity to closely partner with the TripActions team to structure and provide a unique facility that can scale as TripActions Liquid grows. We are proud to build on our long-standing relationship with TripActions and serve as the Sole Lead Arranger and Administrative Agent.”

Ward Waltemath, Head of Global Enterprise Technology Investment Banking, Goldman Sachs

  • “Goldman Sachs is proud to be working with TripActions around this important product launch at an exciting moment in the company’s growth.”

Sunita Patel, President Technology and Life Sciences Division at Comerica Bank

  • “By helping businesses save considerable time and money, TripActions is poised for significant growth in the corporate travel space. We are pleased to partner with TripActions to provide financing that will enable them to scale rapidly as they deliver a high quality customer experience.”

Kevin Phalen, SVP, Global Head, Visa Business Solutions

  • "Visa is excited to support TripActions’ expansion into travel payments. There is a $20 trillion opportunity in commercial-card based payments, and the travel industry is one of Visa’s core focus areas for growth. With the power and global acceptance of Visa behind TripActions Liquid, business travelers can focus on where they’re going, rather than the process of getting there.”

About TripActions

We believe being there in person is powerful. It enables employees to build relationships, close deals, and drive growth. Fast becoming the default for corporate travel, TripActions combines the best corporate travel management tech with the best travel agency service. TripActions delivers consumer-like ease-of-use, powerful personalization, unrivaled inventory choice, 24/7 travel agents and streamlined travel payments that users love. As a result, organizations achieve high adoption, getting the spend visibility, data and insights needed to optimize their travel programs, save money, and fulfill duty of care.

Trusted by nearly 4,000 companies to manage nearly $2.5 billion in travel budget annually, TripActions reduces average booking time from 60 minutes down to less than six while achieving 90%+ traveler adoption, an unprecedented 93% traveler satisfaction, and up to 34% savings on lodging alone. Deliver a great travel experience for employees while controlling costs with TripActions.

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TripActions [email protected]

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Social Media Profiles

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Liquid by TripActions Revolutionises Expenses Using Fintech

trip action liquid card

TripActions is a corporate travel and support agency with a bespoke booking tool. The company launched a fintech subsidiary called Liquid in 2020, which has now also been introduced in the UK and Europe as an end to end expense management, corporate cards and payments solution.

How does Liquid by TripActions work?

In essence, Liquid by TripActions works by allowing employees to submit expenses automatically with 99% precision using the Liquid Visa card. There is also a smartphone app where users can see their latest activities, manage their balance, suspend their cards, report them lost or cancel them. It could also be connected with Apple or Google Wallet.

The word automation should not be taken lightly here, as the Liquid app even knows what the user was doing at the time an expense was made by integrating directly with calendar-based APIs such as Google Calendar, which then syncs with payments automatically.

According to Michael Sindicich, General Manager at TripActions Liquid , "So if you talk to, I think almost any corporate employee in the world, they'll say they hate their expense management platform and process. You know, everyone spends Sundays before the month-end because the finance team needed all the expenses put in. With Liquid, it's completely eliminated; you just spend in real-time, and you go on your way with your business."

Liquid TripActions continues to see rapid development

TripActions has seen exponential year on year growth, from being valued at $1 billion in 2019 to $2 billion in 2020 to $5 billion in 2021, and then $7.25 billion by December 2021.

The fintech solution is used by some of the biggest companies in the world, including Adobe, Zoom, Coinbase, Netflix, and Aston Martin, to name a few. It comes as no surprise that it is also rolling out in the UK and Europe. TripActions Liquid is "the only card and payment solution that eliminates the need for expense management," adds Michael.

Partnerships with Visa and Stripe, among others

The company has two significant partnerships to power its fintech infrastructure, the first being with Stripe and the second with Visa. By using Stripe, TripActions is able to offer payments and cards. And by partnering with Visa, they are able to take advantage of the vast network in which Visa payments are accepted.

In addition to offering physical smart cards, Liquid also offers virtual cards for making online payments. Michael adds that their system is "powered by fintech and can issue cards in multiple currencies around the world, including USD and now Euro and GBP."

Gone are the days of filling out expense forms

Expenses are often a huge burden for companies and their employees, and people would have to spend hours upon hours filling out forms and trying to track down receipts. In fact, many companies still use excel spreadsheets, paper receipts, and physical travel diaries to manage their expenses. This form of expense management is an outdated and inefficient way of doing things.

With TripActions Liquid, all of that is now a thing of the past. The app automates the entire process, from submitting expenses to making payments, so employees can get back to doing what they're best at instead of filling in a payments order (PO) form or trying to remember where they put their receipts.

Not only does Liquid make life easier for employees, but it also speeds up the entire process for finance teams. There is no need to wait for approvals or go through a long and arduous reconciliation process. Using artificial intelligence (AI) and deep learning, everything is taken care of more efficiently.

The bottom line

In conclusion, TripActions Liquid offers a revolutionary way of managing expenses. It is a user-friendly app and card to automate the entire process, from submitting expenses to making payments. This option not only saves time and hassle for employees but also for finance teams.

TripActions Liquid solution is already tried and tested in the United States by some of the biggest brands around. And now, with availability in the UK and Europe, it is only a matter of time before Liquid becomes a preferred expense management choice by many others.

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A Smarter Card For Tracking Expenses

© 2020 TripActions     Terms of Service   Privacy Policy   Security Policy  

© 2020 tripactions, terms of service   privacy policy   security policy  , turn travel into a strategic lever for growth, the cost of travel can be difficult to track and optimize without clear visibility into spend. tripactions automates reporting and integrates with the rest of your tech stack, making everything from reconciliation to forecasting easy. what’s more, tripactions delivers an exceptional traveler experience that drives high adoption, helping you ensure traveler safety. one centralized platform to help turn travel into a lever for strategic growth..

This free business travel continuity kit includes:

eBook : Learn how to plan for global emergencies

Guide :  Read the 10-step guide to ensuring traveler health & safety

Video :  Watch a 3-min video introducing our new duty of care solutions

Article :  What Duty of Care Means for Travel Managers

Webinar :  View our latest webinar on new developments in TripActions

Community :  Join our new community forum to learn from peers

Ensure the Safety of Your Travelers

Tripactions innovates rapidly to ensure businesses can keep travelers safe and adapt to changing business travel continuity needs.    coronavirus report: a real-time report that shows impacted travel regional blacklisting: set travel restrictions for regions that may pose a risk live traveler map: know where travelers are at all times traveler notifications: communicate directly with travelers via the admin dashboard   .

  • Ease of use: experience how easy it is to book a flight and hotel room
  • Know your journey: see what your itinerary could look like
  • Oversee your travelers and expenses: observe the benefits of having detailed insight in your traveler's safety and spend
  • A managed solution: see how we achieve a 90%+ average adoption rate

TripActions combines smart corporate cards, expense management, and travel into one easy-to-use platform that saves businesses time and money.

*TripActions Liquid annual platform fee waived for the first year. Rebate applies to all USD spend through TripActions Liquid. Program terms and conditions apply and are subject to change.

Access Higher Limits & Easy Onboarding

Grow your business with up to  10x-20x higher limits  than traditional corporate cards. Easy onboarding with no personal credit check means you can issue cards and start booking travel in no time.

Grow your business with up to  10x-20x higher limits than traditional corporate cards. Easy onboarding with no personal credit check means you can issue cards and start booking travel in no time.

Unlimited Corporate Credit Cards

Pay for everything from software subscriptions to home office equipment to travel bookings with  virtual and physical corporate cards . Built-in policy controls limit smart cards to specific merchants, time periods, expense types, and more.

Pay for everything from software subscriptions to home office equipment to travel bookings with virtual and physical corporate cards . Built-in policy controls limit smart cards to specific merchants, time periods, expense types, and more.

Simplified Expense Management

Control spend before it happens by building your expense policies into your corporate cards.  Reimburse out-of-pocket expenses  directly to your employee’s bank account.

Control spend before it happens by building your expense policies into your corporate cards. Reimburse out-of-pocket expenses directly to your employee’s bank account.

“After a week of using TripActions Liquid, I said ‘This is great! We love this! I am never using my AMEX again.’”

Terms of Service

Privacy Policy

Security Policy

Up To 20x Higher Limits

Close The Books Up To 6x Faster

Up To 3% Back*

See TripActions Liquid in action!

– Jurie Victor , Director of Finance & Accounting, Spikeball

TripActions automatically categorizes and reconciles expenses. With integrations for Quickbooks, Netsuite, Xero, and Sage, you can pay your vendors and  close the books up to 6x faster .

Automate Your Accounting

See all your spend in real-time with a single interactive dashboard that allows you to slice and dice expense data with unprecedented granularity.

Track Your Spend In Real-Time

Corporate Travel Management

With TripActions you can book and manage travel from one place with full visibility over travel spend. Plus get exclusive deals and unrivaled flight, hotel, car, and train inventory with access to 24/7/365 global support .

See all your spend in real-time with  a single interactive dashboard  that allows you to slice and dice expense data with unprecedented granularity.

With TripActions you can book and manage travel from one place with full visibility over travel spend. Plus get exclusive deals and unrivaled flight, hotel, car, and train inventory with access to  24/7/365 global support .

Trusted by over 8,800 companies

*3% back on non-CNR hotel spend booked via TripActions and 1.5% on all other USD spend through TripActions Liquid.

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Lead channel, tripactions liquid to support card issuance in multiple currencies.

Source: TripActions

TripActions, the only all-in-one travel, corporate card, and expense management solution, today announced the launch of TripActions LiquidTM in Europe.

Sponsored: [Webinar] Ensuring Interoperability in the Age of Global, Cross-Border e-Invoicing

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TripActions Liquid 4+

Modern payments & expenses.

  • 4.6 • 18 Ratings

iPhone Screenshots

Description.

TripActions Liquid is a payments & expense solution designed for both finance teams and employees. Employees are empowered to pay for what they need, while finance teams get real-time visibility and control over business spend. If your company uses TripActions Liquid to manage payment and expenses, download this app to: - Easily track and manage transactions - Get instant notifications when you swipe your TripActions Liquid card - Submit out-of-pocket expenses for reimbursement, and track your reimbursement status - Know what's in policy so you can feel confident while using your company card - Add your TripActions Liquid card to Apple Pay to make contactless payments - Manage your card directly within the app (suspend, cancel, report lost or stolen)

Version 3.10.0

- Users will now be notified if a reimbursement fails, allowing the user to relink their bank account to receive the funds. - General bug fixes and performance improvements

Ratings and Reviews

Obvious omission.

Rather unfortunately this doesn’t seem to have a file upload option - only scan. This needs fixing for the app to be fully useful. Should be trivial - can this please be addressed? Edit in response to developer: You only see that if you allow photos access, which I don’t. Should be at a higher level - please fix.

Developer Response ,

Hi Dastardly & Muttley - Thank you for reaching out. We wanted to bring to your attention that we do have a file upload option. To upload a receipt, navigate to the Transactions tab in the Liquid app. Click the +Add button (on the top right corner), select Scan a receipt, and click on the icon next to the camera button to upload your receipt. Please feel free to reach out to us if you have any additional questions. Thank you!

Manager validation only on desktop

Why as a manager I’m not able to validate the mileage of my teams via the phone. Only able to do via computer ? Make the apps useless for manager point views.

App Privacy

The developer, Navan, Inc , indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy .

Data Linked to You

The following data may be collected and linked to your identity:

  • Financial Info
  • Contact Info
  • User Content
  • Identifiers
  • Diagnostics

Data Not Linked to You

The following data may be collected but it is not linked to your identity:

Privacy practices may vary based on, for example, the features you use or your age. Learn More

Information

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  • Developer Website
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TripActions Launches Virtual Card Product for Corporate Travelers

Andrew Sheivachman, Skift

February 25th, 2020 at 6:00 AM EST

Virtual cards aren't anything new in corporate travel, despite limited adoption. But stronger integration with travel booking apps like TripActions could help mainstream the technology, which benefits both travelers and administrators.

As the global battle for the lower end of the corporate travel management market rages on, top players are beginning to move beyond travel itself into solving problems above just booking and servicing.

TripActions has been steadily growing its travel management platform and now boasts a global workforce of more than 1,000 as it moves into markets around the world. Its new product looks beyond travel to help both travelers and administrators handle one of the most annoying parts of corporate travel: payments .

The company launched a virtual card payments product under the name TripActions Liquid today, secured by a $500 million debt facility led by Silicon Valley Bank. Companies can now issue a physical Visa credit card to their travelers for use booking travel on TripActions and for spending on the road, easing the burden on travelers’ own finances while giving travel managers real-time information on what their travelers are doing.

A virtual credit card is a unique 16-digit computer generated number used for a single transaction. On any given trip, that number will change numerous times ahead of the next transaction. You can usually set a maximum charge amount for the virtual number and the date on which it expires. For vendors, the virtual card looks the same as any other credit card.

The card will be activated and deactivated based on the user’s travel schedule. The new credit card numbers pushed to the card help prevent fraud. The integration also solves a problem common to booking tools; you can now bring the corporate card you used to book a hotel room to the hotel itself to check in.

The idea is also that issuing the card to travelers will enforce corporate travel policy priorities more effectively. The new product will be available to TripActions clients regardless of their size and travel spend for an additional annual fee. TripActions Liquid will also be usable as a payment method through the Apple Pay and Google Pay digital payment platforms.

“Most employees are actually very responsible and they want to do the right thing for the company,” said Michael Sindicich, general manager of TripActions Liquid. “The problem is that they don’t necessarily know what they what the policy is, right. It’s now very visible in the platform, what you can do and how much you can spend. There is a Liquid mobile app and inside the app right there is a policy tab.”

While many companies issue traditional corporate cards, most haven’t taken the leap to implement more advanced solutions like virtual cards. A virtual card product can help reduce the impact of credit card-related fraud, too, with fraud and data breaches on the rise.

A team of about 20 engineers developed the TripActions Liquid product, which has been used in beta by several TripActions clients over the last few months.

TripActions recently announced numerous integrations with various expense software services, including Divvy and Chrome River, and the company believes offering a bevy of choices to users remains the right strategy. Since this product is designed for travel, the reality is that most companies will still need to use another expense software service to handle everyday expenses.

Travel managers using the service have access to a dashboard automatically reconciles transactions and presents a wide view of travel expenses. This can be a big time saver for finance teams that are used to reconciling transactions by hand each month.

“TripActions was always about choice, so if you look at the travel platform we connect to hotels directly sometimes, we have our own hotels program, we connect to a corporate’s program, and then we connect to OTAs like Expedia, Priceline,” said TripActions CEO Ariel Cohen. “It’s all about choice and I can tell you that we’re not getting the same commission from all of them. It was never about giving you the one that gives us most of the commission.

“It’s the same when it comes to credit card usage, you will be able to use any credit card in any virtual solution that is out there, you can connect it to any expense system that you have. You can check in a year from now, two years from now, five years from now; we don’t have any aspiration on actually adding another expense management system to the world.”

Now TripActions has a financial technology product to go with its travel management platform. Its investors must be happy, after dropping more than $450 million in venture dollars into the company . Whether the company can really help mainstream virtual cards in corporate travel is another challenge altogether.

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Tags: corporate travel , ctir , tripactions , virtual cards

Photo credit: An example of the new TripActions credit card in use at a coffee shop. TripActions

TripActions

A detailed review of TripActions' travel and expense management software with pricing, comparisons to competitors, and FAQs.

Updated on January 6th, 2023

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TripActions is travel and expense management software designed to automate company spending tasks with auto-categorization, built-in policy controls, and real-time expense reporting. The platform serves a global network of more than 8,800 small and mid-sized businesses.

Also Consider

Zoho expense.

Free plan for up to 3 users

Expense automation and customization

Robust integrations

At-a-Glance:

TripActions offers businesses a wide range of user-friendly, automated travel and expense management solutions to efficiently plan, track, report, and manage company spending. The platform aims to blend modern technology with top-notch customer service for streamlined travel booking, itinerary management, and expense reporting.

The software includes an online booking tool, as well as corporate smart cards, travel policy controls, accounting integrations, spend reporting, travel deals and rewards, and global client support. With both free and paid plans available, the platform is an affordable choice for users in search of robust travel and expense management.

  • TripActions is used and trusted by more than 8,800 global companies, including Loom, Pinterest, and Shopify.
  • The platform's online booking tool makes trip planning a breeze with seamless mobile connectivity and powerful reporting.
  • Users gain access to physical and virtual corporate cards with built-in spending limits and unlimited cashback.
  • Several expense tasks, such as custom approval flows and receipt capturing, can be automated for increased efficiency.
  • Companies benefit from exclusive travel deals and rewards, thanks to the platform's dynamic integrations and partnerships.
  • TripActions features a centralized dashboard from which users can access real-time expense reporting and spend visibility.
  • The software integrates with various accounting platforms, offering automated approvals, reimbursements, and GL syncing.
  • Companies can create a sustainable business travel program with educational information and resources on offer.
  • Other tools include itinerary management, auto reconciliations, traveler safety protocols, and a mobile app.
  • The platform has multilingual customer support available, as well as access to travel agents and product specialists.
  • TripActions does not offer a free trial.
  • Only the more costly plans include custom accounting integrations and 24/7 customer support.
  • Users need to sign up for the service before they gain access to pricing.

Reputation:

On G2 , TripActions has a 4.7-star rating based on more than 5,300 reviews. The majority of users praised the software's responsive customer service, ease of use, and calendar syncing capabilities. However, some reviewers were disappointed in the platform's limited European customer support and lack of robust search functions.

On TrustRadius , the platform has a score of 8.9 out of 10 based on over 50 reviews. Many reviewers were satisfied with the mobile app and competitive booking rates, while various users mentioned that the website can be difficult to navigate.

TripActions' mobile app has a 4.8-star rating based on more than 3,000 reviews on the App Store , with most reviewers approving of the app's easy-to-use tools. On Google Play , the app has a 3.8-star rating based on over 470 mixed reviews, with users noting both its clean interface and subpar filtering capabilities.

While TripAction's pricing isn't readily available on its website, the platform offers a free Startup plan, which includes travel and expense management tools, for up to 50 monthly active users. Companies interested in learning more about the platform's pricing should schedule a demo .

TripActions Packages:

1. travel only..

Ideal for businesses solely interested in travel management, the Travel Only plan includes travel booking, exclusive flight and hotel deals, custom travel policies, reporting, and travel information dashboards. Users can also access the platform's 24/7 global concierge service, which will incur a fee of $25.00 to speak with a travel agent.

2. Travel & Expense.

The Travel & Expense package is suited to businesses with up to 100 employees and is free for up to 50 monthly active users. The plan includes a 2% cash back on U.S.-based, non-corporate negotiated hotel rates, as well as a 1% rebate on all other U.S. eligible rebates spend per term.

The package comes with automated expense management and reimbursement tools, as well as standard accounting integrations, default expense policies, real-time spend reporting, and unlimited physical and virtual corporate cards.

3. Professional.

The Professional plan is tailored to larger companies with over 100 employees and includes everything from the Travel & Expense plan, along with custom accounting integrations, international card issuing, global points of sale, corporate negotiated rates, VIP traveler support, and free live agent support.

Standout Features:

1. tripactions liquid..

TripActions Liquid provides finance teams with robust spend management solutions built to drive savings, productivity, and compliance. Expense policies are programmed into the platform's corporate smart cards for a user-friendly and automated process, from swipe to reconciliation.

With a custom policy builder available, the tool allows managers to set spending controls and proactively prevent policy violations. Admins can then tailor the policies based on role, expense category, business context, and more. The smart cards are also pre-loaded with spending limits, ensuring compliance and real-time transaction visibility.

Travel booking tool.

The platform's online booking tool is ideal for frequent travelers in search of an intuitive business traveling experience. The service uses AI-driven solutions to personalize search results based on user profiles, and loyalty preferences. The platform also has a world-class travel inventory that users can access to search, book, and pay.

The tool toggles seamlessly between desktop and mobile environments, ensuring trips can be booked from the office or the road. For companies with international locations, the team travel service allows admins to create in-person group meetings to strengthen internal collaboration and bolster company culture.

TripActions vs. SAP Concur:

Similar to TripActions, SAP Concur offers automation, expense tracking, and multicurrency support. While TripActions is a good choice for users in search of robust travel management tools, SAP Concur may be the better option for invoice processing and vendor payments. However, only TripActions offers corporate cards.

TripActions vs. SAP Concur Comparison:

Tripactions vs. travelperk:.

TripActions and TravelPerk both offer robust corporate travel management solutions, but of the two sites, TripActions is more feature-rich, with additional expense tracking, approvals, and reimbursement tools available. Both platforms have a free plan and 24/7 global customer support.

TripActions vs. TravelPerk Comparison:

Tripactions vs. expensify:.

Of the two platforms, Expensify offers users a greater variety of expense management solutions, including multilevel approval workflows, custom GL coding, built-in accounting services, and mileage tracking. However, TripActions is better suited to companies in search of more comprehensive travel management tools.

TripActions vs. Expensify Comparison:

Key information:, news & activity:, what does tripactions do.

TripActions automate and streamline corporate travel and expense management with user-friendly tools, including online booking technology, spending policies, corporate cards, approvals, reimbursements, and team travel management.

What does TripActions cost?

While TripAction's pricing isn't readily available on its website, the platform offers a free Startup plan. Interested companies should schedule a demo for more information.

Is TripActions a unicorn?

In 2019, TripActions was inducted into the Global Unicorn Club, meaning it reached a valuation of more than US$1 billion.

How do I contact TripActions support?

Users can reach TripActions' customer support via live chat , email , and telephone .

What are some TripActions alternatives?

  • Zoho Expense .
  • Emburse Certify .

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TripActions Launches TripActions Liquid, a Virtual Card Product

by: Harvey Chipkin

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Categories: News Travel Management Companies Technology

Tags: TripActions TripActions Liquid

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Financial Technology News & FinTech Research

TripActions announces the launch of TripActions Liquid

By joy dumasia.

December 10, 2021

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TripActions Liquid gives finance teams real-time spend visibility and control over global spend, empowering them to drive cost-savings, productivity, and compliance. Policy controls are embedded into smart corporate cards issued by Stripe, automating expense management from swipe to reconciliation from home office to hotel room.

Legacy options require finance teams to review every expense transaction. Powered by physical and virtual corporate smart cards, TripActions Liquid policies are pre-set, reducing reporting hours up to 66% and reconciliation time up to 95%. For end-to-end TripActions enterprise customers, reconciliation time is reduced from weeks to hours.

TripActions Co-Founder and CEO Ariel Cohen said: “TripActions Liquid has averaged 34% monthly growth in transaction value this year companies can no longer afford to use those antiquated, analog systems. It’s imperative to have real-time visibility into spend, carbon consumption, and employee safety. No other company is able to offer the full end-to-end travel, corporate card, and expense management capabilities of TripActions Liquid. We’re really in a league of our own in this market.”

Eileen O’Mara, EMEA Revenue & Growth Lead at Stripe , said: “TripActions Liquid is a powerful example of the possibilities enabled by Stripe’s global financial infrastructure. Running smart corporate cards with programmatic spending controls and reconciliation across multiple countries was unfathomable just a few short years ago. We’re thrilled to see TripActions build its Liquid product on Stripe and accelerate its global expansion.”

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IMAGES

  1. TripActions Launches TripActions Liquid for Travel Payments

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  2. TripActions Launches ‘TripActions Liquid’ to Revolutionize Global

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  3. Meet TripActions Liquid

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  4. The Modern Business Spend Management Platform

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  5. Meet TripActions Liquid

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  6. TripActions Launches Virtual Card Product for Corporate Travelers

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VIDEO

  1. Trip Action

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COMMENTS

  1. ‎TripActions Liquid on the App Store

    Employees are empowered to pay for what they need, while finance teams get real-time visibility and control over business spend. If your company uses TripActions Liquid to manage payment and expenses, download this app to: - Easily track and manage transactions. - Get instant notifications when you swipe your TripActions Liquid card.

  2. TripActions Liquid

    Employees are empowered to pay for what they need, while finance teams get real-time visibility and control over business spend. If your company uses TripActions Liquid to manage payment and expenses, download this app to: • Easily track and manage transactions. • Get instant notifications when you swipe your TripActions Liquid card.

  3. TripActions Launches 'TripActions Liquid' to Revolutionize Global

    And with the collaboration between TripActions and Visa, users can travel with confidence knowing TripActions Liquid corporate cards are accepted everywhere Visa is accepted across more than 46 ...

  4. TripActions Liquid: Revolutionizing Global Travel Payments

    The first real-time, unified travel spend reporting with travel bookings and payments centralized in a single platform to deliver a global view that empowers finance and travel leaders to unlock ...

  5. TripActions Launches Payment Card, Promising Travel Spending Controls

    TripActions has launched a payment card designed to work directly with its travel management platform, according to the company. Dubbed TripActions Liquid, the new product features a virtual card for such pay-ahead bookings as flights, as well as a Visa-branded plastic credit card for expenses incurred by business travelers during trips.  

  6. Liquid by TripActions Revolutionises Expenses Using Fintech

    In essence, Liquid by TripActions works by allowing employees to submit expenses automatically with 99% precision using the Liquid Visa card. There is also a smartphone app where users can see their latest activities, manage their balance, suspend their cards, report them lost or cancel them. It could also be connected with Apple or Google Wallet.

  7. No. 1 Corporate Travel and Expense Management App

    Empower your employees to book and manage travel with ease and give your company unprecedented control over their travel program Elevate your expense management Our platform provides employees with a simple and convenient way to pay for business-related costs and gives your company real-time visibility into all spend

  8. TripActions Launches TripActions Liquid, a Virtual Card Product

    Feb 25 2020. TripActions, the travel management technology company, has launched TripActions Liquid, a virtual card product that it calls a "first of its kind, end-to-end global corporate travel management and payment solution.". It will, according to an announcement, "revolutionize the travel payments space.". TripActions Liquid, said ...

  9. TripActions Adds Expense Management to Liquid Platform

    First launched in February, the Liquid platform features physical and virtual Visa-branded credit cards that can be used to book travel via TripActions' and other booking tools, and to make in-trip payment at brick-and-mortar merchants, such as restaurants, with managers able to set trip budgets and other spending parameters. Previously ...

  10. A Smarter Card For Tracking Expenses

    A Smarter Card For Tracking Expenses. TripActions combines smart corporate cards, expense management, and travel into one easy-to-use platform that saves businesses time and money. Access Higher Limits & Easy Onboarding. Grow your business with up to 10x-20x higher limits than traditional corporate cards. Easy onboarding with no personal credit ...

  11. TripActions Liquid to support card issuance in multiple currencies

    Through its partnership with Stripe, TripActions Liquid is now the first — and only — fintech-powered travel and expense management offering that can support card issuance in multiple ...

  12. TripActions Liquid Adds Rapid Reimbursement Feature

    TripActions has launched multi-currency rapid reimbursement capabilities through its Liquid payment offering, the company announced. With the feature, employees can connect the TripActions Liquid app to a personal bank account, and companies then can directly reimburse them for out-of-pocket expenses within 48 hours of submission, according to TripActions.

  13. TripActions

    TripActions is the only modern, all-in-one travel, corporate card, and expense solution, providing 5000+ customers around the globe unprecedented visibility and control over spend. Trusted by ...

  14. ‎TripActions Liquid on the App Store

    Employees are empowered to pay for what they need, while finance teams get real-time visibility and control over business spend. If your company uses TripActions Liquid to manage payment and expenses, download this app to: - Easily track and manage transactions. - Get instant notifications when you swipe your TripActions Liquid card.

  15. PDF 4 Travel Payment Headaches and How to Relieve them with ...

    4 Travel Payment Headaches and How to Relieve them with ... - Navan

  16. TripActions Launches Virtual Card Product for Corporate Travelers

    The company launched a virtual card payments product under the name TripActions Liquid today, secured by a $500 million debt facility led by Silicon Valley Bank. Companies can now issue a physical ...

  17. TripActions Launches TripActions Liquid for Travel Payments

    This eliminates traveler angst and guesswork along with out-of-policy spend. And with the collaboration between TripActions and Visa, users can travel with confidence knowing TripActions Liquid corporate cards are accepted everywhere Visa is accepted across more than 46 million merchant locations in more than 200 countries and territories.

  18. TripActions Liquid revolutionizes expense management to kill the

    About TripActions Liquid TripActions Liquid™ is a modern corporate payments and expense management solution that provides employees with a refreshingly easy way to pay for what they need while giving companies one easy place to control, manage and track spend. With physical and virtual cards, smart approval workflows, automated expense ...

  19. TripActions Review with Pricing, Comparisons, and FAQs

    1. TripActions Liquid. TripActions Liquid provides finance teams with robust spend management solutions built to drive savings, productivity, and compliance. Expense policies are programmed into the platform's corporate smart cards for a user-friendly and automated process, from swipe to reconciliation.

  20. TripActions Liquid Expands Integrations with Leading ERP ...

    About TripActions Liquid TripActions Liquid is a modern corporate payments and expense management solution that provides employees with a refreshingly easy way to pay for what they need while giving companies one easy place to control, manage and track spend. With physical and virtual cards, smart approval workflows, automated expense reports ...

  21. TripActions Launches TripActions Liquid, a Virtual Card Product

    Feb 25 2020. TripActions, the travel management technology company, has launched TripActions Liquid, a virtual card product that it calls a "first of its kind, end-to-end global corporate travel management and payment solution.". It will, according to an announcement, "revolutionize the travel payments space.". TripActions Liquid, said ...

  22. TripActions announces the launch of TripActions Liquid

    TripActions, the only all-in-one travel, corporate card, and expense management solution, announced the launch of TripActions Liquid in Europe.TripActions Liquid is now the first and only FinTech-powered travel and expense management offering that can support card issuance in multiple currencies through its partnership with Stripe.The expansion increases TripActions' ability to provide an ...