Uber may be catching up to taxicabs in terms of presence on the corporate expense report, but that doesn’t mean taxis are suffering. In fact, according to Australia-based mobile payments provider ingogo, taxis are the third-highest cost expense on travel and expense reports, making up 45 percent of all items submitted for reimbursement.
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Ingogo is hoping to make these frequent expense trips a bit easier for business travelers through its latest partnership with T&E management leader Concur. In an announcement made Monday (April 27), ingogo said that users of its mobile app will now be able to automatically submit expense information when a worker uses a cab for business travel. That data will then automatically integrate into Concur’s expense management solution.
According to ingogo founder Hamish Petrie, there are several features of the new partnership that make it a prime servicer of the enterprise world. Those features include the ability for users to link multiple credit cards with the app, allowing users to pay with their personal or company card. Each card can individually be linked to their Concur account.
“There’s a huge amount of productive time lost in processing taxi receipts,” Petrie said. “Ingogo overcomes these issues with their in-app payment and e-receipt solution providing cost-savings to businesses.”
According to the managing director of Concur Australia, Matt Goss, the high volume of ingogo receipts being uploaded to Concur made the new partnership an obvious move for the company. “Concur quickly recognized the alignment between both organizations in assisting business travelers as well as finding innovative ways to control business travel spend, fraud, waste and misuse,” Goss said.
Petrie noted that its closest competitor, Cabcharge – the only other mobile solution to offer corporate accounts – was too expensive with a 10 percent surcharge for card payments. Ingogo, he said, is just half this cost.
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