HOUSTON–(BUSINESS WIRE)–Jul. 19, 2012– Insperity, Inc. (NYSE: NSP), a leading provider of human resources and business performance solutions for America’s best businesses, today announced a strategic alliance between InsperityTM Expense Management and nuTravel Technology Solutions, LLC, a corporate online booking tools provider. This alliance enables InsperityTM ExpensAble® Corporate and nuTravel customers to have an integrated end-to-end travel booking and expense management solution. Through the combined capabilities, organizations can provide their travelers with an easy-to-use robust system, from pre-trip authorization and travel booking to pre-population of the travel itinerary and expense reporting, providing a completely seamless process.
Insperity Expense Management’s alliance with nuTravel is being introduced at the 2012 Global Business Travel Association (GBTA) convention being held in Boston, Mass. on July 22-25, 2012.
“This robust integrated travel booking solution makes expense reporting much easier and more efficient for business travelers, while helping companies enforce their spending policies and obtain visibility for corporate expenditures,” said John Tangredi, division president of Insperity Expense Management.
“Our joint customers can now make travel arrangements through nuTravel’s online booking tool and be assured that all trip expenses will be effortlessly captured on the back-end via the InsperityTMExpensAble® SaaS solution. More importantly, this relationship creates a simple process for customers to contract for, implement and effectively utilize both the nuTravel and ExpensAble solutions.”
ExpensAble’s advanced data collection, analytics and reporting system will continue to provide valuable information so that corporations can evaluate their T&E spending. Simultaneously, they can reduce expense reporting processing costs by as much as 40 percent.
“Our goal is to help customers simplify their expense reporting process, and our new integrated travel booking solution will show them exactly where money is being spent and help to control expenses,” said Tangredi.
“Our relationship with Insperity Expense Management creates an innovative alternative for both existing and new customers,” said Carmine Carpanzano, president and chief executive officer of nuTravel. “The combined offering allows customers to improve productivity and control costs. We have been hearing loud and clear from our 300 plus distributors that they want an alternative, and we are responding with this new relationship.”
Insperity Expense Management and nuTravel have already contracted with several customers and are making significant investments in marketing and staff dedicated to the relationship. “This was one of the major factors for us entering into this relationship, that we both made investments into these key areas for the long term,” said Carpanzano.
About nuTravel Technology Solutions
Leveraging over 25 years of travel management and technology experience, nuTravel delivers the corporate travel industry’s fastest, most flexible online travel booking solutions available today. Successfully pairing industry expertise with the right technology, our diverse portfolio of online travel solutions provide a robust and intuitive selection of travel content to users while delivering a smooth integration into travel management companies and corporations of any size. Since 2002, over 5,000 corporations have chosen nuTravel as their solutions provider; composed of varying sizes and industry expertise with travel budgets ranging from $50,000 to $100 million. nuTravel is also a founding member of the Mundi Global Alliance. For more information, please visit http://www.nutravel.com.
About Insperity Expense Management
Insperity ExpensAble automates and streamlines the expense report process, cutting costs, enforcing company travel policies and providing better visibility into expenditures. Complicated expense management becomes effortless, and companies save money on travel and entertainment expenses and enjoy lower expense report processing costs. The InsperityTM ExpensAble® Corporate platform is designed for companies with 10 – 5,000 users. For more information about Insperity ExpensAble, visithttp://www.insperity.com/expensable.
Insperity, a trusted advisor to America’s best businesses for more than 25 years, provides an array of human resources and business solutions designed to help improve business performance. InsperityTMBusiness Performance Advisors offer the most comprehensive Workforce OptimizationTM solution in the marketplace that delivers administrative relief, better benefits, reduced liabilities and a systematic way to improve productivity. Additional offerings include MidMarket SolutionsTM, Performance Management, Expense Management, Time and Attendance, Organizational Planning, Recruiting Services, Employment Screening, Retirement Services and Insurance Services. Insperity business performance solutions support more than 100,000 businesses with over 2 million employees. With 2011 revenues of$2 billion, Insperity operates in 56 offices throughout the United States. For more information, call 800-465-3800 or visit http://www.insperity.com.
Source: Insperity, Inc.
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