tripactions.com | #tripactions #letsgo Unrivaled Global Reporting Capabilities With TripActions Liquid, global reporting has never been easier or more robust. “The dashboards have a modern look and feel, like a true dashboard,” marveled Jeselsohn. On the travel side, Relayr can instantly analyze booking compliance, cost savings, and CO 2 emissions in the admin dashboard or identify where travelers are via the traveler map. “Employee safety is a concern, especially now with the pandemic; the traveler map helps us track where employees are, and we can alert them if needed,” said Jeselsohn. On the expense side, spend dashboards capture real-time transactions worldwide and can instantly pull out-of-policy spend (OOP) reports. “The unified T&E solution provides complete visibility into global travel and spend,” said Jeselsohn. “Compared to our legacy solution, it’s night and day.” Smart Cards Signal the End to Expense Reports TripActions Liquid smart cards earn their name with policy controls built directly into the virtual and physical cards, allowing Relayr to streamline its travel and expense policy and effectively eliminate expense reports. “Expense reports are a thing of the past. What TripActions Liquid has brought to the market is the end of expense reports,” said Jeselsohn. “With Liquid, control no longer happens at the report level; it’s done at the expense level. We no longer have to wait until the end of the month to receive someone’s expense report.” Depending on the policy, Liquid smart cards can capture, approve, flag, and map transactions to the General ledger—all in real time. “We have over 95% employee adoption of TripActions Liquid. Aside from a few employees who still use personal cards, all expenses are paid using either the Liquid virtual cards or the physical cards. It gives us immediate visibility into spending,” noted Jeselsohn. As a benefit of near-total adoption, 98% of all global travel bookings paid for using Liquid are auto-approved, which means Relayr’s finance team no longer has to manage transaction-by-transaction approvals. Integrated policy controls also mean increased compliance. To date, Relayr boasts 98% compliance to its max-price policy for travel bookings; its EMEA team has 81% compliance to all other expense policies. “Expense reports are a thing of the past. What TripActions Liquid has brought to the market is the end of expense reports.” — Joel Jeselsohn, CFO, Relayr