(By Riddhi Mukherjee & Vikas SN)
This service is targeted at small and mid-sized companies and allows them to set up corporate accounts with Uber and manage the travels of their employees. The company mentions that this platform offers a centralized billing system and a travel dashboard that employers can use to manage travel budgets.
The service was initially launched in United States and Canada, and on a pilot basis in the United Kingdowm and France in july this year.
How it works: After creating an Uber for Business account, the employer can provide credit card details for payments, and then add employees using their name and email address. Following this, employees can simply order a car and bill it to the company account. Employers will also be able to keep track of the employee trips.
With this service, Uber seems to be targeting the business traveller segment which we feel contributes for the majority of online taxi bookings in the country, probably more so for Uber, by simplifying the travel expense process for taxi rides.
For employees, it enables them to expense their trips easily with a shared payment account, thereby skipping the tedious travel expense management process while for employers it offers a centralized dashboard with trips aggregated from all employees, thereby offering a significantly better experience to both the the employer and the employee.
It’s also worth noting that Uber had recently tied-up with travel and expense management company Concur, enabling users to connect their Uber account with their Concur’s expense account to send their their business trips and e-receipts directly to their expense report.
This service could also potentially provide an edge to Uber over its competitors like Ola, Meru and TaxiForSure in the country. While TaxiForSure also offers corporate bookings, we feel its it isn’t as streamlined as Uber for Business.
Corrigendum: An earlier headline incorrectly mentioned the service was extended to 44 countries besides India. It was however live in US & Canada in July itself. We’ve modified the headline accordingly.