Corporate travel technology firm Sabre is no stranger to B2B finance collaboration. Last month the firm teamed with Coupa, a deal that saw Coupa lending its travel and expense management tool into Sabre's corporate booking solution.
This time, however, Sabre's newest partner isn't working on a solution for corporate clients – it's working on a solution for Sabre's own employees.
An announcement Wednesday (June 29) said Sabre has chosen Chrome River to enable Sabre employees to more seamlessly manage employee spend and invoice processing. Chrome River's EXPENSE solution will be deployed to Sabre's nearly 10,000 employees across the globe, the companies said, while Chrome River will also extend its invoice processing and receipt image and data capture technology to the corporate travel firm as well.
Their announcement said Sabre processes more than $120 billion worth of travel spend every year; its own employees, however, need their own expense management solution across the 65 countries in which they are based.
"As a leading technology provider to the global travel industry, it's important that our own internal systems offer the high caliber of capability and service to business travelers that we offer to our own customers," said Sabre's vice president of corporate systems Steve Strout in a statement. "Expense and invoice management are a critical element of our overall financial management. As we move many of our internal systems to the cloud, we need high configurability, a great traveler experience and a future-proof solution."
Chrome River's new deal with Sabre follows just days after the firm revealed its expansion into the Asia-Pacific region.