Curio: All-In-One Travel and Expense Platform
SaaS in Travel and Expense space has replaced the burdensome process of maintaining on-premises hardware and software, with new digital tools which untangle the process of expense capture, expense auditing, analytics, and spend benchmarking, turning expense report submission and review into a seamless process. With rapidly increasing expenses (flights, hotels, meals, rental cars, client entertainment, and conference fees) on corporate travels, digitizing TEM activities by adopting corporate travel software is today’s utmost need in this domain.With various aspects to employees’ travel and expense management – budgeting, expense control, Booking, preventing disruptions etc, a sound approach inclusive of concurrent digital tools can provide an all-encompassing ecosystem for this space. Befitting the statement of all-inone Travel and Expense platform, Curio’s homogenized power of cloud and AI is transforming and modernizing enterprise back-office with 100 percent real-time audit of an enterprise’s expenses through its integration of Natural Language Processing (NLP) and Machine Learning (ML). Curio also completely automates Travel and Expense reports in regards to the schedule, and comes with a one-of-a-kind in-built accrual management system which facilitates accrual spend reports, thereby strengthening Internal Finance Control (IFC). Curio is catering with the world’s largest bookable travel content with 700 Airlines, 220 LCC, 1.4 million hotels across 220 co Travel and Expense reports entries, and support over 30,000 locations for multimodal transports. Moreover, all of these features come with user-friendly mobility support on both iOS and Android.
“Curio not only provides a platform to integrate corporate credit cards but also supports Forex Feeds/Cards and Smart/Prepaid Cards integration within the same platform, which enhances companies’ efficiency to manage their finances more efficiently and provide a complete 360 degree view of the overall company spent - travel or non-travel,” adds R. Ram Raj Karthick, Founder and CEO, Curio.
An integrated Online-Booking Tool
Through Curio’s online booking tool, employees can not only book flights, hotels, cabs etc. but also have the capability in presenting the organization’s employee information along with their organizational structure, approval hierarchy, etc. Furthermore, directives can be set based on employee’s profile - not only on what can be searched, but also what can be booked, that means all the organizational policies and audit checks can be built in the system for policy governance. It also incorporates a one-of-a-kind feature which not only displays the itinerary selected by the user but also presents alternatives that are more economically viable than the former. “Apart from the travel related expenses, other expenses report can also be made available to users for claiming reimbursements. The system has the ability to build complex approval mechanism and also check for policy adherence as formulated by the customer; mandatory receipt handling, uploading of receipts, etc. adds more to the value that system brings,” highlights Karthick.
Negotiating Smarter Corporate Deals
Curio aids in cracking best deals possible for an organization and helps in reducing the travel spend, which are controlled by driving in only those prices of the deals into the system that organizations have with their vendors. “Since many organizations spend the maximum on travel, after employee salaries, savings in this area will definitely reduce the organizational expenses as a whole,” concludes Karthick.
Through Curio’s online booking tool, employees can not only book flights, hotels, cabs etc. but also have the capability in presenting the organization’s employee information along with their organizational structure, approval hierarchy, etc. Furthermore, directives can be set based on employee’s profile - not only on what can be searched, but also what can be booked, that means all the organizational policies and audit checks can be built in the system for policy governance. It also incorporates a one-of-a-kind feature which not only displays the itinerary selected by the user but also presents alternatives that are more economically viable than the former. “Apart from the travel related expenses, other expenses report can also be made available to users for claiming reimbursements. The system has the ability to build complex approval mechanism and also check for policy adherence as formulated by the customer; mandatory receipt handling, uploading of receipts, etc. adds more to the value that system brings,” highlights Karthick.
Curio’s homogenized power of cloud and AI is transforming and modernizing enterprise back-office with 100 percent real-time audit of an enterprise’s expenses through its integration of Natural Language Processing and Machine Learning
Negotiating Smarter Corporate Deals
Curio aids in cracking best deals possible for an organization and helps in reducing the travel spend, which are controlled by driving in only those prices of the deals into the system that organizations have with their vendors. “Since many organizations spend the maximum on travel, after employee salaries, savings in this area will definitely reduce the organizational expenses as a whole,” concludes Karthick.
