Mesh Payments has launched a travel management solution that provides travel, payment and expense management for global enterprises.
The new Mesh Travel Management system includes artificial intelligence (AI)-enabled spend management, global visibility and reporting capabilities, global compliance, and multi-currency corporate cards, the company said in a Monday (Aug. 14) press release.
“The evolution to travel management is an organic one for Mesh,” Mesh Payments CEO Oded Zehavi said in the release. “We listened to our multinational customers as they navigated the complexities of corporate travel. That’s why we are excited to deliver Mesh Travel Management as the ultimate solution for global enterprises seeking modern travel and expense management.”
Mesh Travel Management aims to ease the shift toward digital travel and remote work, which has sparked the need for new travel tools. The system is for companies that need to pinpoint spending and ensure compliance with travel policies, according to the press release.
The system reduces the complexity of travel and expense management for global enterprises, the release said. Its capabilities also include global visibility and reporting capabilities, flexible integration with multiple travel companies, and built-in compliance.
Mesh Travel Management is free for new and existing customers through the remainder of 2023, with pricing details to be released later in the year.
Global-e, a cross-border eCommerce provider, uses Mesh’s product to simplify cross-border selling, Global-e Chief Operating Officer Shahar Tamari said in the release.
“We choose solution that take the same approach with our finance and operations teams,” Tamari said. “Mesh has been instrumental in solving critical bottlenecks in T&E [travel and entertainment expenses], automating expense capturing and reporting, and streamlining the process for everyone involved.”
Travel and expense, procurement and spend management are three payment contexts that are ripe for integration, Zehavi told PYMNTS in an interview posted in July.
Currently, many companies have three different solutions, which means they look at these payment contexts in a siloed approach with three different teams, three different vendors and three different technologies, Zehavi said at the time.
“[Integrating procurement and spend management] streamlines the procurement payments process and creates efficiencies by eliminating human error and mitigating compliance risk, while at the same time dramatically increasing payment flexibility and improving the requestor experience,” Zehavi said.