Travel and expense platform Emburse has acquired Tripbam
Dealmakers focus on customer cost savings but envision an integrated future with new sourcing capabilities
Originally looked upon as combatant disruptor by the hotel community, Tripbam’s hotel re-shopping and rate auditing features have been instrumental in the managed travel industry’s gradual move away from a full reliance on a request-for-proposal-driven annual sourcing season. The company’s more agile approach has also paved an easier path to dynamic pricing, which was pushed for many years by the hotel community, but difficult for corporate clients to implement without an agile auditing strategy in each of their markets.
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