Uber and Starbucks are the top vendors that business travelers in North America are expensing these days, according to a new study by Certify, which tracks business expenses.
In its analysis of more than 10 million receipts and expenses from the third quarter of this year, Certify also found that Amazon was the third most utilized vendor.
It’s the first quarter in which Amazon appeared among the top three most expensed vendors, reflecting the breadth of its products and services, which include business supplies and grocery delivery.
“People are buying more (from Amazon) than just post-it notes and basic office supplies,” says Robert Neveu, CEO of Certify, an online travel and expense management system. “It’s clear that they’ve broken into the business marketplace and they’re having a lot of success in bringing convenience to customers.”
According to Certify’s SpendSmart report, Uber took 11 percent of total transactions. Starbucks was second with 4.09 percent of receipts and expenses, and Amazon followed closely with 4.05 percent.
The success of these digital brands in the corporate world is an extension of how important they’ve become in the daily life of the average consumer.
Source: Read Full Article