Grasp Technologies

About

Grasp Technologies offers comprehensive travel data management solutions designed to transform corporate travel data into strategic, actionable insights for businesses. Their platform unifies fragmented travel information from multiple sources, eliminating manual processing and data silos to create a clean, consistent, single source of truth. This advanced data consolidation and normalization allow corporate travel managers and Travel Management Companies (TMCs) to gain complete visibility into their travel programs, enabling better decision-making and strategic analysis. For business users, Grasp provides integrated expense analytics and AI-ready data architecture, which help unlock deeper insights from their travel spend. Additionally, with graspPAY, businesses can streamline payment processes and reduce fraud risks through automated virtual payment solutions. This is particularly beneficial for simplifying transactions related to non-employee and contractor travel, improving cash flow by converting capital expenses into operational expenses, and ensuring data security best practices are followed. Overall, Grasp's technology acts as a powerful resource for solving complex challenges in corporate travel management. By providing the technological foundation to scale efficiently and manage travel data effectively, they help fast-growing companies and Fortune 500 businesses get more out of their data, ultimately leading to smarter travel management and streamlined operations.