MobileXpense Strengths, Domain Expertise, and Key Differentiators
MobileXpense is a global provider of expense management solutions. Its innovative SaaS system enables real-time calculations on tax rates, allowances, and mileage variations seamlessly, as well as proportioning daily lump-sum allowances and cash advances, making the travel and expense management solution dependable and agile. The expense functions meet global compliance requirements across 100 countries. MobileXpense makes expense management easy by simplifying a complex and often time-consuming task for employees, HR professionals, and accounting departments.
MobileXpense Recent Developments
In 2021, MobileXpense Group rebranded to Mobilexpense. The company is bringing both MXP and Declaree products under one brand, now known as Mobilexpense MXP or Mobilexpense Declaree.
In 2020, MobileXpense launched SpendCatcher mobile application that automatically extracts payment information from receipts or e-invoices. Create an expense in just one tap wherever you are.
MobileXpense Mergers and Acquisitions (M&A) Activities
In 2020, MobileXpense acquired Dicom Expense,a travel expense solution that operates under the commercial name of “Expense” in the Nordic market, which is the third acquisition in less than a year, and next step for future international expansion of MobileXpense.
In 2019, MobileXpense acquired eBuilder travel, Swedish solutions provider for travel and expense management for corporate customers. Later that year, it did the same with Declaree, an expense management company that focuses on SMEs in The Netherlands and Germany.
MobileXpense Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying MobileXpense 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 MobileXpense 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 Mobilexpense MXP, Mobilexpense Declaree customers.
Ownership: - Fortino Capital
Number of Employees: 165
Functional Markets: ERP Financial,
Key Verticals: Aerospace and Defense, Automotive, Banking and Financial Services, Communication, Construction, Real Estate, Consumer Packaged Goods, Distribution, K94, Higher Education, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Faith-Based Nonprofit, Youth and Elderly Care, Special Cause Nonprofit, Oil and Gas, Chemicals, Professional Services, Retail, Transportation, Utilities,
MobileXpense Key Enterprise and Cloud Applications
Mobilexpense MXP, Mobilexpense Declaree
MobileXpense Revenues, $M:
|Type/Year||2020||2021||YoY Growth, %|
|Total Revenues, $M||Subscribe||Subscribe||Subscribe|
|Enterprise Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
|Cloud Applications Revenues, $M||Subscribe||Subscribe||Subscribe|
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
MobileXpense Revenue Breakdown By Type, $M:
|Type||License||Prof. Services||Hardware||Support & Maintenance||SaaS||PaaS||IaaS||Other (Non Enterprise Application Revenues)||Total|
|% of Total Revenues||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||Subscribe||100%|
MobileXpense Enterprise Applications Revenues By Functional Markets, $M:
MobileXpense Enterprise Applications Revenues By Verticals, $M:
MobileXpense Revenues By Region, $M
|Region||% of Total Revenues||2021 Total Revenues, $M||2021 Enterprise Applications Revenues, $M||2021 Cloud Applications Revenues, $M|
MobileXpense Direct vs Indirect sales
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MobileXpense Customers - Breakdown by Geo, Size, Vertical and Product
No. of MobileXpense Customers: 3000
No. of MobileXpense Enterprise Applications Customers: x
No. of MobileXpense Cloud Customers: x
No. of MobileXpense Cloud Subscribers: 1.7 million
MobileXpense has around 3000 customers of all sizes and across many industries, with 1.7 million end-users in over 100 countries. Among their customers are : ABInBev, Heineken, KLM, Recticel, Proximus, WSAudiology, Canon, UCB, Panalpina, KLM, the Dutch government, and many more.
MobileXpense Market Opportunities, M&A and Geo Expansions
Since the funding made by Fortino Capital in 2017, MobileXpense, has led a dual growth strategy. It has invested heavily in accelerating autonomous growth, as well as in acquiring other travel & expense providers in compelling markets. With the last acquisition, among other two, MobileXpense complements the company’s Nordic portfolio at the same time offering a solution to companies and governmental organizations of all sizes and complexities, which could be the key for ongoing success.
MobileXpense Risks and Challenges
Integration of the latest acquisitions and multiple product suites under one umbrella will be a challenge for Mobilexpense.
MobileXpense Ecosystem, Partners, Resellers and SI
In 2021, MobileXpense launched a new integration partnership with TravelPerk to streamline travel booking and expense management within the MobileXpense solution. Integrating TravelPerk’s travel booking services with MobileXpense’s expense management solution will allow users to book trips in TravelPerk and retrieve their booking costs directly in the MobileXpense application. Among their partners are: Egencia, TravelPerk, ADP, Airplus, Datev,Vatbox, Raet, Taxback, Way2Vat , SDWorx and many more.
MobileXpense Cloud Infrastructure Insights
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- MobileXpense Public Cloud and Infrastructure (IaaS)
- MobileXpense Platform (PaaS)
- MobileXpense Application Delivery
- MobileXpense Private Cloud and Data Centers
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).
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