Rydoo, a leading international SaaS software solution for managing business travel and expense reports and Bolt, Europe’s first super-app have launched a strategic integration helping customers manage business ride reimbursements through a connected and automated platform.
The Bolt app is currently available in more than 45 countries, with over 100 million customers and more than 2.5million drivers. Rydoo’s ‘plug and play’ expense management solution aims to enhance the platform’s smart integration and connected platform by eliminating the manual work of end users and finance departments needed to use both platforms. In the past, companies that have Bolt as a business ride solution would have to download invoices and add them to their Rydoo app manually. This new integration does the work for the end user, giving finance teams full visibility on employee expenses and creating the future budget forecasts.
When a client books a trip on Bolt, the connected platforms now give riders the option to auto-create an expense in the Rydoo app. Through fast automation, all the trip information will be automatically captured in the expenses and will appear in the user’s Rydoo account. By automatically syncing all bookings made in Bolt directly to the user’s Rydoo account, finance teams can manage rides reimbursements faster. The integration is intuitive which means that employees can easily sync their business email account with Bolt.
“At Bolt, we’re building a future in which people are no longer forced to buy a car to get around. Where people have the freedom to use transportation on demand, choosing whatever vehicle is best for each occasion. Integrating our platform with Rydoo’s smart expense automation allows us to streamline the process of expense and reporting business travel costs, taking the next step in a seamless connected user experience” says Nick Powell, Global Director of Bolt Business at Bolt.
The process works in three simple steps. First, the user goes to their business profile in the Bolt app and opens the side navigation and selects Payment. They are then given the option to add Rydoo as an expense provider to generate an automated expense receipt. The user must then verify the email. Next time the client has requested a ride with a business profile, the receipts will be sent automatically to a Rydoo account. This makes it quick and easy to get insights into the complete trip spending and provides a hassle-free user journey.
“The biggest pain points for customers have varied from time it takes to upload the ride receipt manually, to lack of visibility with spending, along with minimised employee communication. By combining our automated expense management with Bolt’s fast developing mobility platform, we are helping customers develop seamless employee communication and faster expense management for millions of Bolt users globally. We are excited to take this next step in our collaboration with Bolt to deliver on our shared vision in enabling seamless travel experiences for people and businesses around the world,” says Julien Steel, VP Product Partnerships at Rydoo.
Rydoo is a leading provider of business expense management that reinvents and simplifies the process for high-growth companies. Rydoo has been recognised as one of the top two expense management software providers for enterprises by G2 Crowd, the world’s leading business solution review platform. With a team of 200 enthusiastic employees, Rydoo operates in more than 150 countries. More than 10 000 customers and over 1 million users benefit from the usability and efficiency of its consumer-oriented app. For more information, please visit www.rydoo.com.
Bolt is the European super-app on a mission to make urban mobility more affordable, safe and sustainable.
Bolt has 100 million customers in 45 countries and over 400 cities across Europe and Africa. The company seeks to accelerate the transition from owned cars to shared mobility, offering better alternatives for every use case, including ride-hailing, shared cars and scooters, and food and grocery delivery.