Lola.com vs. TravelBank

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Lola.com
Score 8.0 out of 10
N/A
Lola.com, from Lola Travel Company headquartered in Boston, is a travel management platform featuring employee travel points and other rewards, travel spend tracking and management, generate travel itineraries and receipts, and other features.
$250
per month
TravelBank
Score 3.0 out of 10
N/A
TravelBank, headquartered in San Francisco, offers their travel management for businesses, featuring booking management, travel policy management, spend tracking and management, and other features.
$12
per user/per month
Pricing
Lola.comTravelBank
Editions & Modules
All-In
$250
per month
Free
Free
Expenses
$12
per user/per month
Travel
$15
per month
Premium Expenses and Travel
Custom Pricing
Offerings
Pricing Offerings
Lola.comTravelBank
Free Trial
NoNo
Free/Freemium Version
NoNo
Premium Consulting/Integration Services
NoNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Lola.comTravelBank
Best Alternatives
Lola.comTravelBank
Small Businesses
Rippling
Rippling
Score 8.9 out of 10
Rippling
Rippling
Score 8.9 out of 10
Medium-sized Companies
Rippling
Rippling
Score 8.9 out of 10
Lola.com
Lola.com
Score 8.0 out of 10
Enterprises
Emburse Chrome River
Emburse Chrome River
Score 9.1 out of 10
Emburse Chrome River
Emburse Chrome River
Score 9.1 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
Lola.comTravelBank
Likelihood to Recommend
9.7
(0 ratings)
7.0
(0 ratings)
Likelihood to Renew
9.1
(0 ratings)
-
(0 ratings)
Usability
9.1
(0 ratings)
-
(0 ratings)
Support Rating
9.1
(0 ratings)
7.8
(0 ratings)
User Testimonials
Lola.comTravelBank
Likelihood to Recommend
We are currently in the process of planning our company wide retreat in which we need at least 69 people to book their flights. While with that many people traveling at once, I do suspect I'll get some questions and have to assist some folks however by using Lola.com, the time I would have spent prior will be cut drastically. And I'll be able to see who is taking what flight and obtain departure and arrival information without much interruption to anyone's day. Prior to Lola.com this task would have been something truly daunting, but not this time!
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The company-wide implementation of TravelBank greatly increased the efficiency of our expense reimbursement process. It mitigated many pain points such as errors, inconsistencies, and missing information in our manual Excels that were very hard to version control and track through the approval/reimbursement process. Overall, TravelBank has made all of our lives easier!
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Pros
  • Well designed and easy to use site. Makes finding and booking simple.
  • Helps in collecting travel information for each traveler makes booking flights for multiple people super easy!
  • Lola.com support will help take care of flight changes and any other issues.
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  • Ease of use - TravelBank is super user-friendly and easy to use whether you use the platform online or through their app.
  • Ability to effectively track expense submission, approval and reimbursement process. TravelBank allows users to see exactly where their expense report is in the process.
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Cons
  • Room for existing features to grow and expand, especially on the administrative side
  • Visually-speaking, the overall layout and color scheme used within the site, specifically when it comes to placement and contrast of key text info, has led to some confusion at times
  • Need for more support of existing travel rewards accounts
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  • Expanding the hotel offerings - they already have a huge inventory, but it would be great to have more AirBnB-like options
  • I've found particularly with flights that the employee rewards are much less - I realize that is just a function of airfare costs, but it feels like most of the time I need to go over budget
  • Add Uber and Lyft options
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Likelihood to Renew
This is just my guess as I'm not involved in the decision aside from providing feedback on using Lola. I think, from what I've heard, that everyone likes Lola and we'll renew the usage. I say this because we're an all-remote company and this greatly solves the logistics of booking flights for everyone.
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No answers on this topic
Usability
Lola is simple and straight to the point in regards to usability. I didn't have to figure things out and felt that the interface was intuitive. I loved it.
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No answers on this topic
Support Rating
Lola's customer support is fantastic. They have frequently contacted us when there are travel alerts, or anticipated flight cancellations to re-book us before it was too late. They are always helpful and pleasant and we have never had any issues.
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I have had 2 instances where the hotel double charged me and it took months to get back. I was never given a reason why and no one followed up with me -- I just got the money in my account one day and would have never known had I not been looking at my account that day,
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Alternatives Considered
We haven't used or evaluated other travel management platforms because they always seemed geared towards larger, enterprise-level companies. For us, Lola.com was appealing because it seemed well suited to a company of our size, and we really loved the personal attention that is built in to the platform. Ultimately, we chose it for the reasonable price, functionality, ease of use, and excellent service.
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It stacks up right next to concur. They're both great products; they are complementary, not competitors. We used to use Rocketrip, which was complete garbage. I like that I get rewards on Uber. I like that I get rewards on Amazon. I wish I could get hotel rewards, not just AirBNB rewards.
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Return on Investment
  • They have made travel cheaper, so that is a direct reflection to our customers and to us.
  • Customer Service just makes the stress of travel on our employees not so bad. Knowing we have someone to stand behind us while we travel goes a long way
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  • I'm not in the finance department, but I'd guess our travel spend per employee has reduced since we started using TravelBank.
  • We now have one travel supplier, with flights and hotels paid from a central account, rather than everyone booking through a variety of channels with their own card. In case of emergency, the company knows which flight you're on, which hotel you're staying at.
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