Emburse Named Top-Tier Software Vendor by APPS RUN THE WORLD in the APPS and CLOUD TOP 500 Market Report

Emburse Strengths, Domain Expertise, and Key Differentiators

Emburse a relatively new brand, created in January following the merger of Chrome River and Certify in March 2019. Certify subsidiaries Abacus, Captio, Nexonia and Tallie also joined in that merger, and the brands are still in place today.

Emburse humanizes work by empowering business travellers, finance professionals, and CFOs to eliminate manual, time-consuming tasks so they can focus on what matters most.

Emburse offers a growing portfolio of expense and AP automation solutions, including Emburse Abacus, Emburse Captio, Emburse Certify, Emburse Chrome River, Emburse Cards, Emburse Nexonia, Emburse SpringAhead and Emburse Tallie. Its innovative offerings are adapted to meet the unique needs of specific industries, company sizes, and geographies, trusted by 12 million users in more than 120 countries.

Emburse Recent Developments

In October 2022, Emburse announced the availability of Emburse Cards for UK-based SMBs through to enterprise organizations. These cards seamlessly integrate into Emburse's expense management solutions, providing straightforward issuance and management along with exceptional spend control. The cards deliver instant visibility into expenditures, facilitating more dynamic budget management and mitigating the risks of fraud and overspending. Employees have the convenience of using the Emburse Card to manage upfront expenses, eliminating the need to incur costs on personal cards and wait for reimbursement from their employer.

In April 2022, Emburse launched Emburse Go, a mobile travel companion designed to provide the best business travel experience by overseeing every aspect of a trip from start to finish. Extending beyond standard flight and hotel itinerary details, Emburse Go offers valuable location-based content to ensure travelers' safety, comfort, and productivity. Unlike traditional approaches where business travelers independently manage various aspects of their trips beyond transit and accommodation, Emburse Go enables employers to curate destination information and deliver contextual messaging. This not only meets employee expectations but also helps in reducing spend leakage and minimizing risks. Additionally, companies can use the app to track the carbon footprint of each trip and across their entire travel program. Tailored for small and medium-sized businesses, Emburse Go is built on the Emburse Go Premier (formerly Roadmap) award-winning corporate travel app, known for its use by millions of travelers in large enterprises such as Nike, Microsoft, and Merck.

In February 2021, Emburse has launched Emburse Cards for its Captio expense automation solution. Emburse Cards offers a user-friendly solution for employees to make purchases without requiring out-of-pocket spending. Employees can request prepaid virtual or cards for travel and other business purchases and have the peace of mind that all purchases will be within the organization’s spend policy.

In February 2020, Emburse launched Abacus Reach to streamline the process for non-employee expense reimbursement. Reach allowed organizations to easily provide non-employee travelers with a mobile app-based solution which made it simple to verify policy compliance, and capture and submit travel expenses in real-time.

Emburse Mergers and Acquisitions (M&A) Activities

In July 2023, Emburse finalized the acquisition of Tripbam, a Dallas-based startup whose tools are utilized by corporate travel managers. The specifics of the deal, including the price and terms, were not disclosed by the companies. As a venture-backed startup, Tripbam had previously secured $1.5 million in funding. Tripbam's software is designed to empower corporate travel managers and event planners to explore multiple airlines and hotels for reservations, capitalizing on price fluctuations. The software allows buyers to re-book at a lower price if a refundable booking experiences a price drop. The startup asserts that this process results in substantial savings across a significant number of searches.

In 2021, Emburse has taken two more providers under its corporate umbrella, acquiring travel management app developer Roadmap and corporate travel spending analytics specialist DVI in separate deals.

The acquisitions expand Emburse's capabilities to offer clients services around travel management and spending data, each of which will be areas of increased emphasis for corporates as business travel resumes in the wake of the Covid-19 pandemic, according to Emburse CEO Eric Friedrichsen.

Emburse Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Emburse applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Emburse and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Emburse Abacus, Emburse Certify, Emburse Chrome River, Emburse Captio, Emburse Nexonia, Emburse Tallie customers.

Emburse Key Enterprise and Cloud Applications

Emburse Abacus, Emburse Certify, Emburse Chrome River, Emburse Captio, Emburse Nexonia, Emburse Tallie

Emburse Revenues, $M:

Emburse Revenue Breakdown By Type, $M:

Emburse Enterprise Applications Revenues By Functional Markets, $M:

Emburse Enterprise Applications Revenues By Verticals, $M:

Emburse Revenues By Region, $M

Emburse Direct vs Indirect sales

Emburse Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Emburse Customers

No. of Emburse Customers: 18000

No. of Emburse Enterprise Applications Customers: 18000

No. of Emburse Cloud Customers: x

No. of Emburse Cloud Subscribers: 12 million

Over 18,000 customers, from start-ups to global enterprises, including Boot Barn, Grant Thornton, Telefónica, Lufthansa Systems, and Toyota rely on Emburse to eliminate manual processes, make faster, smarter decisions, and help make users’ lives - and their businesses - better.

Emburse Market Opportunities, M&A and Geo Expansions

In June 2023, a partnership was announced between Amadeus and Emburse to provide a "fully integrated solution," incorporating Amadeus' Cytric booking tool and Emburse's Chrome River expense management platform. The companies, which have already engaged in a data integration relationship for some time, aim to elevate their collaboration to a new level. This enhanced partnership will extend beyond travel and expense integration, encompassing deeper travel analytics, traveler companion apps, and integrated card programs. Additionally, a commercial partnership is underway, with Amadeus endorsing Emburse Chrome River as a recommended expense management solution for customers in the United States, the United Kingdom, and the Scandinavia and Benelux regions. Emburse is also incorporating Cytric Travel and Cytric Easy for Microsoft Te.

In 2021, Emburse introduced both Emburse Analytics and Emburse Pay. Emburse Analytics offers customers dashboards that optimize spending, enhance compliance, and provide finance teams with in-depth spend analysis capabilities in an intuitive user interface.

Emburse Pay, focused on B2B Payments, brings strategic spend management to corporate accounts payable teams. It provides an integrated payables solution, allowing teams to effortlessly track and manage the invoice approval and payment process. Emburse Pay - B2B Payments is designed to help organizations save time, reduce costs, increase efficiency, and improve the user experience. Finance teams can easily track and confirm payment receipts, minimizing potential delays and streamlining interactions with vendors.

In February 2020, Emburse introduced Emburse Cards as part of Abacus' real-time expense management system. These innovative virtual and physical corporate card solutions offer employees and non-employees a straightforward and user-friendly method for making purchases. Simultaneously, organizations can effortlessly enforce travel and expense policies as transactions take place.

The integration of Emburse Cards into Abacus empowers administrators to effortlessly issue and oversee corporate cards within their real-time expense management solution, enhancing the overall user experience. This new feature additionally provides organizations with enhanced, real-time visibility and control over corporate expenses. Travelers utilizing their Emburse Card for purchases will be encouraged to take a photo of the receipt and promptly submit the expense.

Emburse Risks and Challenges

The company's strategy of actively pursuing larger clients poses potential risks. This approach may involve heightened competition, resource allocation challenges, and an increased reliance on a select group of significant clients, posing potential vulnerabilities for the expense management company

Emburse Ecosystem, Partners, Resellers and SI

In May 2021, Emburse collaborated with UKG (Ultimate Kronos Group) to automate the labour-intensive process specific to new employee expense management onboarding.

With this technology partnership, the employee records created for new hires in UKG Pro, UKG Ready, and UKG Dimensions will automatically sync with Emburse Chrome River Expense and Emburse Certify Expense. This integration eliminates a crucial but highly manual portion of the employee onboarding process, allowing HR teams to focus more on people instead procedures.

In January 2020, Six expense and AP automation companies have come together to form Emburse. Emburse brings together Abacus, Captio, Certify, Chrome River, Nexonia, and Tallie, which offered tailored solutions for organizations ranging from start-ups to global enterprises.

Emburse Cloud Infrastructure Insights

Subscribe to read more about:

• Emburse Public Cloud and Infrastructure (IaaS)
• Emburse Platform (PaaS)
• Emburse Application Delivery
• Emburse Private Cloud and Data Centers

Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.

Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).

For additional information on our methodologies, here's the link: