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TravelBank generated $482,000 in benefits over 3 years

240% ROI achieved with TravelBank

In 2024, TravelBank commissioned Forrester Consulting to conduct a Total Economic Impact™ study to evaluate TravelBank’s potential total cost of ownership and ROI.

What the Forrester study found:

  • TravelBank’s competitive pricing immediately saved 40% on subscriptions for T&E management tools, an average of $31,000/year.
  • Travelers saved 10% per trip with TravelBank.
  • TravelBank improved employee adherence to T&E policies from 40% to 91%.
  • Our user-friendly interface saved employees 15% of their time when approving requests, submitting expenses and receipts, and creating reports.

 

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