As we near the end of the pandemic, organizations across all industries are looking ahead to 2021 and beyond. Given the uncertain pace of business recovery, it's of paramount importance to take advantage of new technology opportunities.
Join Mayank Kukreja, founder and CEO of ITILITE, as he offers insights and perspectives on the challenges and the opportunities for CFOs and finance teams now and in the future.
During his many business trips, Mayank noticed the sad state of affairs on the corporate side of travel that was very disconnected. Planning a trip was an offline and time-consuming process every single time. To him, as a traveler, the system felt broken, and that was not just in India; but also across the US, Canada, Australia, and the Middle East. At the same time, as a consultant with McKinsey, he found many clients struggling to cut down on operational costs with travel as a constant element in this fight. After participating in many client projects that tried to combat business travel challenges, Mayank got to understand how companies think of travel as a spending item and try to control it at a deeper level.
An understanding of businesses' need to optimize costs along with an overview of the business travel segment led to the birth of ITILITE- a smart platform designed to help reduce the travel expenses of corporates by offering employees rewards for choosing budget-friendly travel options.