Company Research Report: Emburse
Company Overview
Name
Emburse
Mission of the Company
Deliver innovative end-to-end travel and expense management solutions that solve for what’s next for forward-thinking organizations.
Founded
2015
Founders
Bringing together the world's most innovative companies in the T&E industry, including Abacus, Chrome River, Certify, Tallie, Nexonia, SpringAhead, and Captio.
Key People
- Marne Martin: Chief Executive Officer
- Jamie Hunter: Chief Operating Officer
- Adriana Carpenter: Chief Financial Officer
- Michele Shepard: Chief Revenue Officer
- Ken Ringdahl: Chief Technology Officer
- Paul Nagy: Chief Product Officer
- Steve Reynolds: Chief Strategy Officer
- Holly Ostrow: Chief Accounting Officer
- Bill Bowman: Chief Information Security Officer
- Michael Giannetti: Senior Vice President, Human Resources
Headquarters
No information available
Number of Employees
No information available
Revenue
No information available
What is the Company Known For?
Emburse delivers innovative, award-winning travel and expense management solutions. It is trusted by more than 12 million finance and travel leaders and professionals around the world, available in 180 currencies and 40 tax jurisdictions.
Products
Products Offered
Emburse offers a variety of products that can be grouped under three main categories:
1. Travel & Expense
2. Payments & Invoice
3. Insights & Analytics
High-Level Description of the Products
Travel & Expense
- Expense Management: Flexible solutions with proactive controls and insights.
- Travel Management: Compliance through convenience with mobile-friendly travel solutions aimed at driving adoption and policy adherence.
Payments & Invoice
- Payments: Improve cash flow while eliminating repetitive tasks.
- AP Automation: Simplify and streamline payment and purchasing.
Insights & Analytics
- Audit: Identify and reduce wasteful spending.
- Analytics: Manage cash flow while anticipating future spend.
Key Features of Each Product
Travel & Expense
- Expense Management:
- Flexible solutions with proactive controls.
- Insights to manage expenses efficiently.
- Travel Management:
- Automated, mobile-friendly solutions.
- Policies to ensure compliance and drive adoption.
Payments & Invoice
- Payments:
- Improved cash flow.
- Elimination of repetitive tasks.
- AP Automation:
- Simplified payment and purchasing processes.
- Streamlined invoice management.
Insights & Analytics
- Audit:
- Identifies wasteful spending.
- Provides controls and insights to reduce losses.
- Analytics:
- Helps manage cash flow.
- Provides foresight into future spending patterns.
Recent Developments
Recent Developments in the Company
- July 22, 2024: Unveiling of the next generation of travel and expense technology at GBTA 2024 Conference.
- May 21, 2024: Partnership with American Express to bring integrated expense management solutions to commercial customers.
- June 26, 2024: Celebration of the 2024 Winners of the Champions Customer Excellence Awards.
- August 1, 2024: Recognized in IDC 2024 MarketScapes for Accounts Payable Automation.
New Products Launched
- July 22, 2024: Introduction of integrated T&E solutions, including booking, trip management, virtual cards, and expense management at GBTA 2024 Conference.
New Features Added to Existing Products
- May 14, 2024: Introduction of Air Contract Auditing and NDC Fare Reshopping and Analytics to increase flight cost savings.
New Partnerships
- July 30, 2024: Strategic relationship with Finexio to deliver best-in-class B2B payments.
- July 23, 2024: Integration partnership with Amadeus to enhance corporate travel value with Cytric and Emburse Reshop integration.
Summary
Emburse stands out in the market as an innovative provider of travel, expense, payments, and analytics solutions, driving efficiency and compliance for their global clientele. Through strategic partnerships, product innovations, and a customer-first approach, Emburse continues to reshape the landscape of business travel and expense management.
