TravelBank vs. TravelPerk

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
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
TravelPerk
Score 6.8 out of 10
N/A
TravelPerk, headquartered in Barcelona, offers their eponymous travel management application supporting bookings management, travel policy controls and management, invoicing, and other features.N/A
Pricing
TravelBankTravelPerk
Editions & Modules
Expenses
$12
per user/per month
Travel
$15
per month
Premium Expenses and Travel
Custom Pricing
No answers on this topic
Offerings
Pricing Offerings
TravelBankTravelPerk
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
TravelBankTravelPerk
Best Alternatives
TravelBankTravelPerk
Small Businesses
Rippling
Rippling
Score 8.9 out of 10
Rippling
Rippling
Score 8.9 out of 10
Medium-sized Companies
Lola.com
Lola.com
Score 8.0 out of 10
Lola.com
Lola.com
Score 8.0 out of 10
Enterprises
Emburse Chrome River
Emburse Chrome River
Score 9.2 out of 10
Emburse Chrome River
Emburse Chrome River
Score 9.2 out of 10
All AlternativesView all alternativesView all alternatives
User Ratings
TravelBankTravelPerk
Likelihood to Recommend
7.0
(0 ratings)
6.2
(0 ratings)
Support Rating
7.8
(0 ratings)
10.0
(0 ratings)
User Testimonials
TravelBankTravelPerk
Likelihood to Recommend
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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Very helpful in saving time and costs when it comes to planning business travel, tracking expenses, and reimbursement management. Their support team is friendly and comprehensive, they manage to do changes to our reservations within 10 hours before our trip with no extra costs. I can't find a scenario where it is less appropriate.
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Pros
  • 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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  • I got very competitive flight tickets. Booking was very easy since I don't need to make a payment on my own.
  • It was automatic payment by the company's preset card. Hence, the transaction was very smooth.
  • I was able to do a group booking when we went for a business meeting. It helped us to get same rows seats, hence it was more productive even inside the flight.
  • Any time I contact the support team the response was immediate and great.
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Cons
  • 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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  • Truly awful customer service agents who are careless and make mistakes constantly
  • Inability to see other travelers on the App, even as an admin
  • AE does not escalate issues quickly or seriously enough
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Support Rating
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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Great customer service and the chat is wonderful. There is always someone connected.
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Alternatives Considered
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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TravelPerk does not make us pay for booking flights so it is a much cheaper option for the same quality of service. The chat option is great, compared to phone customer service with Egencia that also gets costly: $22/call.
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Return on Investment
  • 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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  • Saves the HR and events team time: employees can book their travel by themselves
  • Saves the finance team time: employees book travel using the corporate card, so they don't need to be reimbursed
  • Efficient documentation: it's very easy to see and manage employees' trip info and receipts in one place, which helps with accounting
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