This year’s CFO Magazine Tech Companies to Watch list is all about companies that are looking beyond automation into business intelligence and AI – products that make for better decision-making and automatic cost controls for CFOs. Products like Yapta.
T&E is often the second biggest line item (after payroll) on any company’s P&L. It can also be the most difficult to control. With Yapta, CFOs can get budget predictability, greater cost management and savings by capturing post-purchase flight and hotel price drops.
“The client is always guaranteed a return on investment for using our product,” says CEO James Filsinger, President and CEO of Yapta. “If they do not save any money, they don’t pay us.”
This kind of pricing structure is music to the CFO’s budget. Plus, using Yapta provides this value without disruption to business travelers, a critical consideration to organizations.
CFO Magazine notes how the fast-growing tech companies on their list are not just automating previously menial tasks, they’re geared for organizational and financial impact. According to the article, “Filling the organizational thirst for better information, information that has a rich context and, when acted on, has a large impact on performance, is the holy grail. The business applications of artificial intelligence and machine learning, in other words, are starting to really arrive.”
The article cites how Yapta’s rise over the past several years is catching on with companies big and small. Starting when Yapta signed General Electric in 2014, the company now has more than 8,000 corporate customers across 36 countries, including 39 of the companies in the Fortune 100. Yapta’s revenues grew ninefold between 2013 and 2017, placing it on Deloitte’s list of the 500 fastest-growing tech companies in North America in 2018 for the second consecutive year.
Business travel is looking more intelligent and cost effective than ever with Yapta. Clear skies ahead.