B2B Payments

Deem Turns To Integrations After Shuttering Expense Platform

cash flow management

Corporate travel technology firm Deem has announced an integration of its solution into the time expense management solution of Deltek just weeks after Deem announced plans to close its own expense management solution.

A press release issued Thursday (Sept. 12) said Deem and Deltek have announced their integration in an effort to promote efficiency in the travel and expense management process for joint customers. Deem will link its business travel management solution for corporate travelers, travel management companies and travel managers, into Deltek through Deem’s OpenExpense Alliance.

Travel booked via Deem’s solution Work Fource, including hotels and flights, will automatically see transactional data added to Deltek’s expense management tool.

At Deem, our mission is to transform corporate travel,” said John F. Rizzo, CEO and President, Deem. “Together, Deem and Deltek are uniquely positioned to provide superior travel booking and expense management solutions to corporations of all sizes. We are dedicating our attention, teams and resources to working with partners that change the way corporations manage their travelers and travel program.”

In another statement, Deem Senior Vice President, Business Development & Strategy Todd Kaiser said that expense reports are a common source of friction for business travelers, and noted that automatically integrating data from travel bookings into expense management platforms “saves users from manually entering expenses and allows corporate travel managers to better control travel spending.”

Deltek’s Senior Vice President of Product Strategy Warren Linscott, meanwhile, said that its collaboration with Deem “reinforces our commitment to bring project-based businesses real solutions to reduce costs, streamline processes and ensure compliance.”

“An integrated solution allowing data to flow directly from Deem Work Fource into our expense management applications creates a low touch process for the creation and submission of expense reports, while reducing the opportunity for errors,” he said.

Deem announced in June that it planned to close its expense management platform and transition its users to Certify, also a part of the firm’s Open Expense Alliance.

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