TravelPerk vs TripActions

September 27, 2023 | Author: Adam Levine
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TravelPerk
TravelPerk gives you the safest and most flexible experience in business travel, backed up by the best support team on the planet.
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TripActions
TripActions takes the pain out of corporate travel management with a complete solution that helps businesses control costs and keep employees happy

TravelPerk and TripActions are both travel management platforms that aim to streamline the process of booking and managing business travel. However, there are some key differences between the two:

1. Booking Experience: TravelPerk offers a user-friendly interface with a wide range of travel options, including flights, accommodations, and transportation. It provides a seamless booking experience, allowing travelers to compare prices, view travel policies, and make bookings within a single platform. TripActions also offers a comprehensive booking experience, but it focuses on providing a curated selection of travel options based on company policies and preferences.

2. Policy Compliance: TravelPerk offers robust policy management features, allowing companies to set travel policies and automate compliance checks. It provides real-time notifications and alerts to ensure that bookings align with the company's travel policies. TripActions also offers policy management features, but it takes a proactive approach by using machine learning algorithms to suggest policy-compliant options to travelers.

3. Traveler Support: TravelPerk offers 24/7 customer support to assist travelers with any issues or changes to their travel plans. They provide assistance through multiple channels, including phone, email, and live chat. TripActions also provides round-the-clock support to travelers, with a dedicated team available to handle any travel-related inquiries or emergencies.

4. Expense Management: Both platforms offer integrations with popular expense management tools, allowing for easy tracking and reimbursement of travel expenses. TravelPerk integrates with leading expense management systems, while TripActions has its own built-in expense management solution.

See also: Top 10 Business Travel services
TravelPerk vs TripActions in our news:

2021. Business trip platform TravelPerk buys rival NexTravel



Barcelona-based TravelPerk has acquired its US-based competitor, NexTravel, as the travel sector seeks consolidation amidst the challenges posed by COVID-19. The intention is to gradually transition NexTravel users onto TravelPerk's platform. However, the NexTravel team will continue to provide support for their product in the foreseeable future. They will work on identifying and addressing any functional differences to ensure a seamless transition for NexTravel customers in due course.


2020. TravelPerk launches an open API platform to extend its work trip SaaS



Business travel SaaS startup TravelPerk has recently introduced an open API-based platform, enabling its customers and partners to create custom integrations and applications. Initially, the APIs cater to HR and expense management use-cases, and additional APIs will be incorporated based on growing usage and demand. The developers aim for TravelPerk to be an inclusive tool that seamlessly coexists with numerous other SaaS tools. By providing a free and fully open API platform, they anticipate the development of numerous applications and customer integrations in the coming months.


2020. TripActions secures $500M credit facility for its new corporate travel product


TripActions, a unicorn startup based in Palo Alto and focused on corporate travel, has secured a significant credit facility of half a billion dollars. This funding will play a crucial role in supporting the launch of TripActions' second product line, known as TripActions Liquid. This new service addresses the needs of companies that do not provide corporate cards to their employees, offering an alternative to using personal cards for covering expenses related to corporate travel. By utilizing TripActions Liquid, employees can avoid shouldering the financial burden of business expenses. With TripActions Liquid easing the financial aspect and the TripActions platform streamlining the travel booking process, this development has the potential to improve the experience of working professionals in the corporate world.


2019. Corporate travel platform TripActions raised $250M


TripActions, a travel booking service designed specifically for large enterprises, has secured $250 million in Series D funding. Established in 2015, TripActions aims to replace outdated travel booking systems by offering a platform that seamlessly integrates with company HR and expense systems. With TripActions, business travelers can easily arrange flights, hotels, and transportation, while benefiting from round-the-clock global support provided by the startup's team. The funding will be utilized to accelerate the company's international expansion. Presently, TripActions boasts a workforce of 700 employees and maintains offices in cities like London, Sydney, and Amsterdam, among others.


2018. Corporate travel startup TripActions raises $154M



TripActions, a prominent travel startup based in Silicon Valley, has successfully raised $154 million in another round of venture capital funding, resulting in a valuation of over $1 billion for the corporate travel management company. TripActions offers a comprehensive corporate travel platform that seamlessly integrates with company HR and expense systems. Through TripActions, business travelers can easily arrange flights, hotels, and transportation, with around-the-clock global support provided by the startup's dedicated staff. Notable companies such as Dropbox, Lyft, Twilio, Allbirds, and Tuft & Needle have chosen TripActions as their travel management solution. The company has expanded its platform by introducing additional features such as TripActions Luxe, a VIP program catering to executive travelers, and TripActions' in-house Meetings & Event solution for group travel. Moreover, TripActions has developed the Guest Invite Portal, specifically designed for HR and recruiting teams. Recently, TripActions established its European headquarters in Amsterdam, which serves as an engineering and data science hub. With the recent investment, the company plans to further invest in research and development (R&D), artificial intelligence (AI), and machine learning to enhance its services.

Author: Adam Levine
Adam is an expert in project management, collaboration and productivity technologies, team management, and motivation. With an extensive background working at prestigious companies such as Microsoft and Accenture, Adam's in-depth knowledge and experience in the field make him a sought-after professional. Currently, he has ventured into entrepreneurship, owning a thriving consulting and training agency where he imparts invaluable insights and practical strategies to individuals and organizations, empowering them to achieve their goals and maximize their potential. You can contact Adam via email adam@liventerprise.com