mesh payment has added a guest travel solution to its global travel and expense (T&E) management platform.
The new solution streamlines processes related to travel reservations and refunds for contractors, candidates and guests, the company announced on Tuesday (April 9). press release.
“By eliminating the hassle of manually settling travel expenses, businesses can focus on what really matters: their guests and candidates.” Oded Zehavisaid Mesh Payments co-founder and CEO in a release.
The new guest travel solution allows contractors, candidates and other guests to book their own itineraries, eliminating the need for expense reimbursement, according to the release. It also supports customers' preferred travel management companies (TMCs), including regional preferences, integrated corporate cards, automated travel policy enforcement, and artificial intelligence (AI)-enabled expense management tools.
These features eliminate the need for extensive interaction, expense reporting, and approvals, improving the experience for both guests and hosts, the release states. Adding this solution to your platform simplifies processes that were previously manual and tedious.
New solution added Mesh travel and expense management According to the release, it is a platform that delivers efficiency, increases spend visibility, and meets compliance standards for global multi-entity companies. The platform enables automation and management of procurement, T&E, and other spend categories.
“This is just the beginning of our journey to streamline travel and expense management for businesses around the world,” Zehavi said in a release.
Companies often face silos and the use of disparate tools. vendor Zehavi spoke to PYMNTS about various payment use cases in an interview posted in July.
T&E, along with procurement and spend management, is one of the key payments contexts ripe for consolidation, Zehavi added.
“When it comes to payments, large enterprises have three different solutions. They have different teams in each, looking at different payment contexts in an almost siled approach,” Zehavi said. states.
In recent additions, Mesh Payments announced integration with the following features in February: NetSuite One World, Enterprise resource planning (ERP) solution for multiple subsidiary management.
This integration streamlines intercompany remittances and synchronizes transactions across multiple entities, enhancing global spend management.
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