News from Travel Management is definitely a turbulent one. A few days afterAmerican Express GBT has announced the acquisition of its competitor HRGBut it's in the area of expense management that suppliers are getting busy. Notiluswhich promises to make 2018 " productive "is indeed off to a promising start. The solution Travel & Expense is adding two eagerly-awaited new technologies from January. The intelligent character recognition - named "OCR for " optical character recognition "will be in the near future "According to DIMO Software's management, this will be available in the near future. Business travellers will simply need to take a photo of their receipt with their smartphone, without having to enter the date, nature or amount of the transaction. " We have been working on this issue for several months "reminds Gilles Bobichonco-founder of Dimo Software and Head of Travel and Business Expenses. " We were keen to offer our customers optical character recognition. After a number of benchmarks of tools on the market offering this technology, we challenged ourselves to exceed the claimed performance. Whereas the performance of reading the 3 key indicators (date, amount, type) requires one user intervention out of three for these software applications, we are at one intervention out of 10 with Notilus. And we are committed to continuous improvement. Our credo is still to facilitate and simplify the user experience of our solution. "explains Gilles Bobichon.
new digital trust services
Another announcement, also in keeping with the times, is the dematerialisation of expense reports. By signing a partnership agreement with CDC ARKHINEO, a subsidiary of the Caisse des dépôts et consignations, Dimo Software is enabling companies toarchive a digital copy of supporting documents instead of paper formats, with the certification of a " archiving with probative value "This will ensure compliance with their legal obligations. For Charles du Boullay, Chairman of CDC ARKHINEO, " this partnership with Notilus will enable companies to have total confidence in the dematerialised expense claim chain and thus contribute to the deployment of these new digital trust services ".
Dimo Software is not the only player to be making inroads into the Travel & Expense market: Concur had already distinguished itself in October with its solution ExpenseItin the wake ofExpensya which is moving from start-up status to become a well-established player in the business travel landscape. The latest announcement comes from Sodexo, which has just made official the launch ofXpenditure in France, just undera year after buying the start-up of Belgian origin. The 100% cloud platform, which digitises the management of business expenses, relies in particular on artificial intelligence. Considering France as " a strategic market for Xpenditure "Sodexo's ambition is: " convert companies of all sizes operating in France to the benefits of electronic expense management Sodexo's new "Paperless Expense Claim Management" initiative promises to reduce the time taken to manage each paper expense claim by 87%, and to save 81% in processing costs. Sodexo is also highlighting thearchiving with probative valueThe solution has been validated by the law firm Taj (Deloitte).
" Thanks to the Xpenditure solution, managers of SMEs or financial directors of larger groups can be sure that they are opting for a solution that will boost their productivity and that complies with the legal framework. "assures Sébastien Marchonin charge of the Travel & Expense offer, within Sodexo Benefits & Rewards Services. " We have taken a decisive step in supporting the transformation of the way business expenses are managed, freeing employees and finance departments from the burden of paper receipts. The obligation to physically archive invoices was the last obstacle to the digitisation of this necessary but time-consuming and labour-intensive activity in companies. "he adds.
become one of the top three players within three years
The launch of the Xpenditure solution in France is part of a wider strategy developed by Sodexo, which had also acquired the services ofiAlbatros in March 2017. In this way, Sodexo is moving towards a "green" approach. end-to-end Xpenditure": a solution combining the functions of Xpenditure and the booking tool MayaIn fact, it is due to launch in spring 2018, with a focus on artificial intelligence and predictive analysis. Objective: " become one of the three leading players within three years" according to Sodexo officials.
