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Travel and Expense Management

Rocketrip Wins PayStream Advisors' Innovative Travel and Expense Technology of the Year Award

We're proud to announce that Rocketrip has won the 2017 Innovative Travel and Expense Technology of the Year award from PayStream Advisors. Every year PayStream Advisors recognizes the most innovative and progressive technology solutions that streamline financial processes.

As we continue to define Incentivized Behavioral Change for the corporate travel industry, it's great to see the word's leading organizations turn to our human-centric approach to reducing travel costs.

Rocketrip Wins 2017 Innovative Travel and Expense Technology of the Year Award from PayStream Advisors

Incentivized Behavior Change Solution Honored for Driving Innovation in Corporate Travel

NEW YORK—November 16, 2017—Rocketrip, the leading technology platform for reducing corporate travel costs, today was awarded PayStream Advisors’ Innovative Travel and Expense Technology of the Year award. This award acknowledges Rocketrip for their intuitive and progressive solution for managing travel expenses.

“We’re honored that PayStream Advisors has recognized Rocketrip as a disruptor within the travel and expense space,” said Dan Ruch, CEO at Rocketrip. “We’re thrilled to see the world’s leading organizations turn to Rocketrip’s Incentivized Behavioral Change solution as a human-centric way to optimize their managed travel programs.”

Rocketrip works with enterprise organizations to reduce travel costs by predicting what an employee would have spent on a trip and rewarding them for spending less. The platform gives business travelers a personalized "Budget to Beat" for each trip based on a company’s travel policy, negotiated rates, and real-time market inventory. Travelers who book under budget earn a share of the savings they generate to spend on things they truly value. Additionally, the Rocketrip Insights analytics suite enhances conventional expense reporting by aggregating data from all travel vendors, including airlines, hotels, car rental companies, and even Airbnb.

PayStream Advisors’ Innovative Technology of the Year awards are given to software providers that deliver especially intuitive, progressive solutions for automating financial processes. This year, PayStream’s team of technology experts evaluated over 90 providers, using product demos, customer surveys, and interviews to identify the winners.

Earlier this year, Rocketrip was also named Concur’s App Center Partner of the Year for Innovation. Both the Concur and PayStream Advisors awards signify the growing adoption of Incentivized Behavioral Change in corporate travel. Over the past year, the company has tripled in revenue as it accelerates its traction upmarket.

About Rocketrip

Rocketrip reduces business travel costs by aligning employee and employer interests. The platform produces custom trip budgets for employees and motivates them to spend less by letting them keep half of what they save. As the global leader in Incentivized Behavioral Change, Rocketrip inspires thoughtful spending by giving employees a stake in their company's bottom line. It’s a win-win approach trusted by clients including Pandora, McKesson, and Twitter.

Founded in 2013 and headquartered in New York City, Rocketrip's investors include Bessemer Venture Partners, Canaan Partners, Genacast Ventures, and Y Combinator. For more information, visit www.rocketrip.com.

All Tags: Company News, Travel and Expense Management, PayStream Advisors

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