A Quiet Giant in Expense Technology Has New Name and Mission
Photo Credit: Emburse CEO Eric Friedrichsen Emburse
Skift Take
Combined travel and expense technology companies are having a moment right now. One should also watch which travel management companies begin to further flesh out their own integrated expense solutions.
Expense and travel management has quietly become one of the most competitive areas of corporate travel, with upstarts and established players moving to compete against the strongest companies in the space.
Just last week, for instance, Coupa acquired air and hotel pricing intelligence firm Yapta to likely gain more customers in the travel buyer space.
One of the more interesting storylines in the expense management space has been the roll up several providers by K1 Investment Management, a private equity group based in California. The company acquired a variety of expense software services including Certify, Chrome River, Tallie, Abacus, Captio, and Nexonia over the last few years, and is now operating the services under a
