B2B Payments

French SMEs Access Greater T&E Control

A new solution is emerging on the market for corporate travelers of French small businesses to help SMEs better manage T&E spending.

Reports on Wednesday (Oct. 7) said AccorHotels is rolling out a new service in France that provides small business employees with an easy way to book hotels for corporate travel in accordance with their company’s spending policies. Reports said AccorHotels will allow SMEs to set a monthly spending cap, for example.

The platform will also provide insight into corporate spending on hotels with reports and data analytics.

In a statement, AccorHotels Senior Vice President of Global Sales Cyril Kovarsky said that the service offers a single platform through which SMEs can monitor bookings and billing.

“With AccorHotels Business Solution, AccorHotels is the first hotel group to provide a simple answer to a key expectation in the SME/SMI corporate market, namely the centralization of bookings and invoicing, so they can better monitor hotel spending and simplify their expense account management.”

Employees can book their own travel on the platform, which provides an interface that displays corporate travel booking policies, the company added.

According to reports, the service will first roll out in France, but the company will look to expand across Europe in the near future. The platform connects with 2,800 hotels across the globe.

AccorHotels’ new solution comes just days after industry experts at Skift reported on the difficulties for a startup in the B2B travel industry thanks to massive competition and unrealistic expectations.

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