What are our data sources?
We use the data sources on the side for ranking solutions and awarding badges in travel management software category. Our data sources in travel management software category include;
Travel management software is a useful tool for companies to book, track, and plan all their employees' travel itinerary in one centralized location and to ensure transparency about all aspects of travel expenses.
If you’d like to learn about the ecosystem consisting of Travel Management Software and others, feel free to check AIMultiple ERP.
AIMultiple is data driven. Evaluate 102 services based on
comprehensive, transparent and objective AIMultiple scores.
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We use the data sources on the side for ranking solutions and awarding badges in travel management software category. Our data sources in travel management software category include;
review websites
social media websites
search engine data for branded queries
According to the weighted combination of 7 data sources
TripActions
Expensify
Emburse
Webexpenses
SAP Concur
Taking into account the latest metrics outlined below, these are the current travel management software market leaders. Market leaders are not the overall leaders since market leadership doesn’t take into account growth rate.
TripActions
Expensify
Emburse
SAP Concur
Egencia
These are the number of queries on search engines which include the brand name of the solution. Compared to other ERP categories, Travel Management Software is more concentrated in terms of top 3 companies’ share of search queries. Top 3 companies receive 37%, 39% less than the average of search queries in this area.
23 employees work for a typical company in this solution category which is 2 more than the number of employees for a typical company in the average solution category.
In most cases, companies need at least 10 employees to serve other businesses with a proven tech product or service. 65 companies with >10 employees are offering travel management software. Top 3 products are developed by companies with a total of 200k employees. The largest company building travel management software is Wipro with more than 100,000 employees.
Taking into account the latest metrics outlined below, these are the fastest growing solutions:
TripActions
Emburse
Webexpenses
Expensify
TravelPerk
We have analyzed reviews published in the last months. These were published in 4 review platforms as well as vendor websites where the vendor had provided a testimonial from a client whom we could connect to a real person.
These solutions have the best combination of high ratings from reviews and number of reviews when we take into account all their recent reviews.
This data is collected from customer reviews for all Travel Management Software companies. The most positive word describing Travel Management Software is “Easy to use” that is used in 17% of the reviews. The most negative one is “Difficult” with which is used in 3.00% of all the Travel Management Software reviews.
According to customer reviews, most common company size for travel management software customers is 51-1,000 employees. Customers with 51-1,000 employees make up 46% of travel management software customers. For an average ERP solution, customers with 51-1,000 employees make up 39% of total customers.
These scores are the average scores collected from customer reviews for all Travel Management Software. Travel Management Software is most positively evaluated in terms of "Overall" but falls behind in "Likelihood to Recommend".
This category was searched on average for 505 times per month on search engines in 2022. This number has decreased to 90 in 2023. If we compare with other erp solutions, a typical solution was searched 1.3k times in 2022 and this decreased to 1k in 2023.