Yatra Online Limited, renowned for its corporate travel services and online travel presence in India, has introduced a transformative Expense Management Solution for businesses seeking efficient expenditure management across domestic and international operations.
This comprehensive solution streamlines the entire expense management process, seamlessly integrating travel bookings and expense tracking. It stands apart by utilizing GenAI Large Language Models (LLMs) for receipt analysis, surpassing traditional OCR technology for more accurate and comprehensive expense tracking, saving time and minimizing errors.
Yatra’s Expense Management Solution is not just a tool; it’s an end-to-end travel solution. It manages everything from booking flights, hotels, and cars to recording expenses incurred during travel, all within a single platform. This solution showcases Yatra’s commitment to innovation as the #1 corporate travel player to launch this solution.
Key Features of Yatra’s Expense Management Solution include:
* Multi-level approval process tailored to meet specific company requirements for streamlined workflow management
* Seamless integration with ERP systems for smooth data flow and enhanced operational efficiency
* Advanced analytics powered by a Power BI dashboard, providing deep insights for comprehensive expense analysis, empowering informed decision-making and strategic planning
* Mobile application for Android and iOS, allowing users to create and approve expenses, view reports, check reimbursement status, capture mileage via GPS, make small payments through UPI, and automatically generate expense items from UPI payments
* Expense auditing, integration with Google APIs for mileage tracking, and split expense capabilities
This solution is rigorously tested for reliability, ensuring uninterrupted performance during peak usage periods. It can accommodate up to 150 simultaneous connections (users) submitting expense data concurrently.
The heart of this tool is its expense rule mechanism, offering unparalleled flexibility and customization. This allows businesses to set sophisticated expense rules based on geography, employee grade, or expense category, ensuring alignment with specific needs.
With over 800 corporates ready to leverage this solution, Yatra’s Expense Management Solution is poised to become an indispensable tool for businesses seeking effective expense management.
