B2B Payments

Société Générale Picks Its T&E Provider

Shutterstock

Travel and expense management firm KDS named a big client that has signed up to use its software.

According to reports, the company’s Neo T&E solution will be integrated into Société Générale, a deal that sees the French banking conglomerate deploy the corporate travel booking tool across five nations for 11,000 of its employees, reports said Friday (Jan. 8).

[bctt tweet="Société Générale will use KDS across five nations for 11,000 of its employees."]

Neo will see integration into Société Générale with the help of fellow travel management firm BCD Travel, according to reports.

“As a globally trusted leader in corporate travel management, BCD Travel carefully studies the marketplace in search of innovations to improve both the travel experience and effectiveness of travel programs,” KDS Senior Vice President of Products and Partners Oliver Quayle said in a statement.

He added that KDS and BCD Travel have just inked a reseller agreement with each other, which led to the Société Générale deal, allowing BCD Travel clients access to the Neo platform.

“The reseller agreement we’re announcing today will not only provide travel buyers with a clearer path for adopting our award-winning solutions, it also serves as a ringing endorsement of Neo by leading industry experts with deep knowledge of all the offerings available to buyers,” Quayle noted.

Just last month, KDS struck another big client when beverage conglomerate Carlsberg announced plans to deploy its T&E solution.

Following that deal, Quayle spoke with PYMNTS about the challenges of travel and expense reporting for major, multinational companies.

“The reality is: The challenge they face is getting their hands around what they’re spending their money on,” he said.

Last year, the Neo platform saw upgrades that added personalized trip preferences and a tool to aggregate travel and lodging suppliers into the system. The company also launched Move, a capability to track employee behavior while on a business trip and aggregate data from those movements.

——————————

PYMNTS TV LIVE OCTOBER SERIES: B2B PAYMENTS 2021 – WHAT WILL YOU CHANGE? 

Banks, corporates and even regulators now recognize the imperative to modernize — not just digitize —the infrastructures and workflows that move money and data between businesses domestically and cross-border. Together with Visa, PYMNTS invites you to a month-long series of livestreamed programs on these issues as they reshape B2B payments. Masters of modernization share insights and answer questions during a mix of intimate fireside chats and vibrant virtual roundtables.

TRENDING RIGHT NOW