Tech disruption is increasingly showing up on Corporate expense reports according to new data from online travel and expense software company Certifyhttps://www.certify.com/
Capital heavy business models have got replaced by tech heavy and capital light businesses.Uber represents 11 percent and Amazon 4 percent. That’s up from next to nothing a few years ago. Rental cars have taken it on their chin from ride hailing services. The average UBER receipt is USD 25
This growth in usage reflects changing corporate travel trends, and has enabled tech companies to take an increasingly large bite out of the world’s $1.4 trillion business travel industry.
Interestingly the average Amazon expense, however is $110, nearly double the $56 spent at Walmart. And what are people buying from Amazon? Everything from business supplies to cloud computing to food delivery.