Rydoo, the Game-changing App That Reinvents Business Travel and Expense Management Integrates With Uber for Business

NEW YORK, October 29, 2018 /PRNewswire/ --

Rydoo is the new platform that simplifies travel and expense to a few clicks and pictures. Born out of the alliance of two start-ups and Sodexo, the World leader in Quality of Life services, It aims to unlock the full potential of a dynamic yet old-fashioned market, while supporting the digitization of workplaces. Launched in the US with a dedicated team based in New York City, Rydoo now integrates with Uber for Business to makes it effortless for business travellers to connect rides with expenses.

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At work, administrative tasks with no added value are frustrating: spending one's Friday afternoon filling out confusing expense reports or searching for the right hotel fall into this category. Employees and companies deserve to focus on what really matters. In order to drive efficiency and enable better ways to work, Rydoo launches its end-to-end platform; through two modules, it streamlines the entire Business Travel and Expense process:

• Rydoo Expense allows employees to enjoy the snap-and-process feature. They just take a picture of their receipt and the process is fully automated and paperless while complying with company's policy. Finance teams easily manage expenses in real-time and control the organization's budget. Rydoo Expense saves time for everyone: employees, manager, controllers.
• Rydoo Travel helps employees book the hotel and flights that suit their needs, in compliance with the travel policy of their organization. They can choose from among 800,000 accommodation options and benefit from a dashing user experience.

As a result, organizations gain:

• an 87% reduction in processing cost
• sources of optimization thanks to compliance with company policies
• time spent processing expenses divided by 4

With an average adoption rate of 93% within the first month, Rydoo proves just how user-friendly it is for employees and efficient for companies.

Simplify business travel experience with a fully-connected approach, anywhere in the world 

With the Uber for Business integration, once a business ride is complete, the receipt is immediately available in the Rydoo app. The employee simply to has to submit the expense to their manager with a single click. This partnership helps employees save time by eliminating the need to add each ride to an expense report, and gives businesses a better way to track invoices.

Rydoo is a SaaS (Solution As A Service) platform that takes just a few days to implement, releasing new features on a weekly basis. Rydoo has an unprecedented and innovative pricing model based on number of active users.

In the US market, Rydoo already counts among its customers Bridgeton Holdings (real estate), Lindblad Expeditions (expedition travel), Mayo Aviation (jet plane services) and Unify Square (cloud-based services).

Sodexo Mobility & Expense, President, Didier Dumont, President, adds: "As a world leader in Quality of Life Services, Sodexo is convinced that employees' well-being is linked to the performance of the organizations. Rydoo brings the travel and expense ecosystem together to gain time and real-time visibility for hassle-free performance. To deliver this to the market in an agile way, we define ourselves as a corp-up that combines the strength of a corporate company and the agility and innovative mindset of a startup".

Rydoo CEO, Sebastien Marchon says: "Rydoo is focused on meeting our customers' expectations by offering global solution to simplify expense and business travel management. Integrating Rydoo with the Uber app is a reflection of our ambition. Thus businesses benefit from more efficiency, while employees can focus on what really matters. By making Rydoo one of the leading players in the travel and expense market. Sodexo aims to improve the quality of life and performance of the organizations it serves."

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About Rydoo 

Rydoo reinvents and simplifies business travel and expense management through the expertise of the two startups from which it emerged: Xpenditure and iAlbatros. With a team of 300 enthusiastic employees, Rydoo operates in more than 60 countries and its 6,500 customers (public and private organizations) benefit from the usability and efficiency of its consumer-oriented app. Rydoo is a Sodexo corp-up, an alliance of two startups and a large corporation.

About Sodexo 

Founded in Marseille in 1966 by Pierre Bellon, Sodexo is the global leader in services that improve Quality of Life, an essential factor in individual and organizational performance. Operating in 80 countries, Sodexo serves 100 million consumers each day through its unique combination of On-site Services, Benefits and Rewards Services and Personal and Home Services. Through its more than 100 services, Sodexo provides clients an integrated offering developed over 50 years of experience: from food services, reception, maintenance and cleaning, to facilities and equipment management; from services and programs fostering employees' engagement to solutions that simplify and optimize their mobility and expenses management, to in-home assistance, child care centers and concierge services. Sodexo's success and performance are founded on its independence, its sustainable business model and its ability to continuously develop and engage its 427,000 employees throughout the world. Sodexo is included in the CAC 40 and DJSI indices.

Media contact 
Brigitte Savournin
brigitte.savournin@rydoo.com

SOURCE Rydoo