TravelPerk and Ramp featured as high two quickest rising apps for smaller organizations in Okta’s 2023 Companies at Work report

We’re excited to be featured with our companion, Ramp, as the highest two quickest rising apps amongst organizations with fewer than 2000 staff in Okta’s newest 2023 Companies at Work report. 

“Journey regained a variety of momentum in 2022 as companies revamped their in-person conferences after two lengthy years. It has been thrilling to see TravelPerk lead the gorgeous rise of the journey app class because the fastest-growing apps amongst smaller organizations.”

Arnab Bose, Chief Product Officer for Workforce Identification Cloud, Okta.

In line with Okta, the highest three quickest rising apps for smaller organizations are all geared towards aiding companies in maintaining a tally of their spending. TravelPerk has seen a 252% YoY enhance by the variety of prospects, and Ramp, which offers company playing cards and spend monitoring instruments, has seen a 374% YoY enhance. This means the rising want for budgeting and value management amongst companies which are working with TravelPerk and Ramp to do exactly that.

Okta’s report additionally confirmed that the quickest rising app within the EMEA area was TravelPerk, which had a “255% YoY buyer development and a 516% development in distinctive customers.” As well as, the report highlighted that journey is the primary quickest rising app class in 2023 with a 43% YoY development by variety of prospects and 197% YoY development by variety of distinctive customers, making it the highest development chief. 

In line with TravelPerk’s knowledge, enterprise journey rose 200% in January 2023 in comparison with January 2022. Nonetheless, because the rumblings of a recession proceed into 2023, companies want an all-in-one journey answer that can allow them to observe spend. 

TravelPerk and Ramp joined forces over a yr in the past to supply each vacationers and finance groups with a streamlined enterprise journey and expense administration expertise. Enabling built-in insurance policies and controls for journey bookings, actual time reporting on journey bills, whereas additionally eliminating the necessity for workers to manually submit their receipts and expense experiences after every journey. 

Utilizing picture recognition know-how, Ramp is ready to seize and match receipts to corresponding expense card transactions in actual time – with minimal human intervention. This automated course of gives enterprise vacationers 1000’s of hours of saved time, whereas serving to finance groups shut their books quicker. At the moment, tons of of customers are benefiting from TravelPerk’s partnership and integration with Ramp.

We caught up with Ramp’s chief enterprise officer, Colin Kennedy, who mentioned:

“We’re dedicated to serving to our prospects do extra with much less, and on this financial surroundings, environment friendly monetary operations have turn into important. Ramp’s development is a mirrored image of the worth we offer to prospects, saving them over $405 million and counting, and we solely succeed once they do.”

TravelPerk and Ramp have plans to proceed rising their partnership and automating journey and expense for extra mutual prospects.