Expense management solution provider Fraedom has announced a partnership with Uber for Business in Australia and New Zealand to give clients visibility into ground transportation spend.
Fraedom, which was sold to Visa by HRG in 2018, says 10 per cent of all business expenses processed through its system are ground transportation-related. With the use of ride-hailing apps increasing year after year, the company says partnering with Uber for Business “felt like a natural move”.
The integration uses a new tool called Receipt Link. Customers can link their Fraedom and Uber for Business accounts and after each ride, a receipt for the trip is automatically synced directly into their Fraedom expense report.
Georgia Foster, head of Uber for Business in Australia and New Zealand, said: “We are seeing a big increase of Uber use throughout Australia and New Zealand, with a growing number of people and businesses taking advantage of our speedy and reliable service. This collaboration will help minimise the hassle of businesses processing expenses and ensuring receipts are always keep safe, so employees are no longer burdened with having to manage that paper trail.”
Dustin Persek, chief product officer at Fraedom, added: “Fraedom customers process increasingly large numbers of Uber transactions using their existing expense management system each year. This highlighted how important the ride-hailing app is for our customers and why we wanted to simplify the same convenient, seamless technology they are accustomed to in their personal lives. Our integration with Uber for Business supports this desire.”
Visa and Uber for Business both delivered keynote addresses at the recent BBT Forum. Read about the topics discussed on the day here