Disclosure certainty 4/5 debate potential 1/5

RocketTrip manages tens of millions of dollars in monthly travel spend

Dan Ruch · 966 "We'll Process $1b in Corporate Travel Expenses Over Next 24 Months" Says RocketTrip CEO · Mar 17, 2018 · at 8:26

Dan Ruch, CEO of RocketTrip, shares the monthly volume of corporate travel expenses managed on the platform.

0:00 / 0:01exact quote · 2.0s
720p mp4 · rendered on demand · StarZero watermark
“It's tens of millions of dollars a month.”

quote is from the automated transcript, cleaned for reading: filler sounds and stutters are removed, nothing is rephrased. names can be misheard (the analysis reads context, assessments check outside sources). how →

More from Dan Ruch

Insight
Employees biologically optimize for comfort within corporate policy limits, says Dan Ruch
“Companies employ human beings and human beings by definition, biologically, we're lazy and selfish. And this isn't a good or a bad thing. This is self-preservation. We always optimize for comfort and convenience within the limits of policy and because that's h…”
Dan Ruch Mar 17, 2018 ▶ 1:32 966 "We'll Process $1b in Corporate Travel Expenses Over Next 24 Months" Says RocketTrip CEO
Prediction Not checkable as stated
RocketTrip will process $1B in corporate travel expenses within 24 months
“I don't know if it's 12 months or 24 months, but we'll break it for sure.”
Dan Ruch Mar 17, 2018 ▶ 18:13 966 "We'll Process $1b in Corporate Travel Expenses Over Next 24 Months" Says RocketTrip CEO
Disclosure
RocketTrip's managed travel spend is growing roughly 20% month-over-month
“About 20% month over month.”
Dan Ruch Mar 17, 2018 ▶ 8:39 966 "We'll Process $1b in Corporate Travel Expenses Over Next 24 Months" Says RocketTrip CEO
Disclosure
RocketTrip offers employees incentives to choose cheaper corporate travel options
“What we do is in a very lean forward pro proactive non draconian way, We start offering employees a reasonable incentive to choose something different than what they would have done otherwise. This isn't about motivating employees to do what they should do. Wh…”
Dan Ruch Mar 17, 2018 ▶ 2:52 966 "We'll Process $1b in Corporate Travel Expenses Over Next 24 Months" Says RocketTrip CEO
Insight
Corporate travel spend averages $1M per 500 employees, says Dan Ruch
“Generally speaking, though, as a rule of thumb, there's about a million dollars worth of travel for every 500 employees, but that can move around quite a bit.”
Dan Ruch Mar 17, 2018 ▶ 5:00 966 "We'll Process $1b in Corporate Travel Expenses Over Next 24 Months" Says RocketTrip CEO
Disclosure
RocketTrip charges a 2% management fee on all corporate travel spend
“Every customer pays us two percent of travel spend on a management.”
Dan Ruch Mar 17, 2018 ▶ 5:18 966 "We'll Process $1b in Corporate Travel Expenses Over Next 24 Months" Says RocketTrip CEO
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 2,600 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.