"Hopp for Business adds centralised billing, configurable spending limits, automated receipt generation, and integration with expense management platforms to the standard ride-hailing product."
"The product can save employees around 20 minutes a month in manual expense reporting, and companies using it across other markets have achieved savings of up to 25% on travel spend."
Hopp for Business, launched by Bolt in the Greater Toronto Area, addresses corporate mobility challenges by offering centralized billing, configurable spending limits, and automated receipt generation. This product aims to streamline expense reporting for finance teams frustrated with fragmentation. The service is available across 17 municipalities and can save employees approximately 20 minutes monthly. Companies using Hopp for Business have reported up to 25% savings on travel expenses through centralized management, reflecting a significant opportunity in the growing Canadian business travel market.
Read at TNW | Launch
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