Expensify integrates with Southeast Asia ride-sharing firm Grab
Expense tracking software company Expensify has integrated with Southeast Asia-based ridesharing start-up Grab to automate expense tracking and rideshare reimbursement for Grab users, Julie Muhn at Finovate.
When they connect their Expensify account to their Grab business profiles, Expensify customers who live in or travel to Singapore, Malaysia, Indonesia, Philippines, Vietnam, Thailand, Myanmar, and Cambodia can automatically create and submit expense reports for their Grab rides.
Upon booking rides in Grab’s mobile app, the receipt for the trip is automatically sent to Expensify.
Expensify opted to integrate with Grab because receipt volume for the ridesharing platform grew 200% in 2018.
“Business travel has become one of Grab’s priority segments, with more users discovering and using Grab Business Profiles every day,” says Shawn Heng, regional head of business development and Grab for Business. “Partnering with Expensify, a great app for anyone who needs to keep track of receipts and expenses, is an exciting next step to make business travel even smoother for all of Grab’s customers.”
Grab is not the first ridesharing company Expensify has integrated into its platform. The California-based company integrated with Uber in 2016 and with Lyft in 2017.
Today’s deal does, however, mark the company’s first partnership in the Southeast Asia region. Expensify also has partners in the US, the UK, and Australia.