Financial technology company Vivid Neobank now offers business clients the ability to book appointments directly within the app.

Financial technology company Vivid Neobank now offers business clients the ability to book appointments directly within the app.

Vivid, a neobank, has expanded its services to include a Travel Management Tool within its mobile app. This tool aims to help businesses manage central tasks more efficiently, particularly those related to business trips.

Small and Medium Enterprises (SMEs) often rely heavily on business trips, and Vivid's new feature is designed to make these trips more manageable and cost-effective. The tool offers an all-in-one financial control environment, integrating flight bookings with other financial operations.

One of the key benefits of this tool is centralised financial management. SMEs and entrepreneurs can now handle flight bookings alongside other financial operations within the same app, reducing administrative burden and enhancing real-time visibility into travel expenses.

The tool also enhances efficiency by minimising the need to juggle multiple platforms for travel and finances. This integration reduces manual data entry, reconciliation time, and paperwork, allowing business owners to focus more on core activities.

Cost control is another significant advantage. Transparent pricing and easy access to booking details help small businesses avoid unexpected charges and maintain tighter control over travel budgets.

Users can book and pay for business trips, including flights, hotels, and coworking spaces, directly in the Vivid app. The cashback amount for hotel bookings is credited immediately after booking, providing an additional financial benefit.

The travel services in the Vivid app are powered by Duffel, a global flight booking platform. This partnership ensures a wide range of options, with users able to book flights from over 300 airlines worldwide, individually or as a team, even for those without a Vivid account.

The Travel Management Tool is accessible in all business tariffs within the Vivid mobile app. By streamlining financial management, increasing efficiency, and offering cost control, this tool can help strengthen liquidity due to real cashback on hotel bookings.

Moreover, over half of SMEs plan to increase their business travel spending by 2025. With this trend in mind, Vivid's Travel Management Tool is well-positioned to support businesses as they navigate their travel needs in the coming years.

While the search results do not provide detailed specifics directly from Vivid about the travel tool, the all-in-one financial approach that Vivid offers indicates that integrating flight booking into their financial app allows SMEs to track and manage travel spending efficiently without disrupting their overall financial workflow.

However, it's worth noting that a 3% airline transaction fee per flight booking applies in the Vivid app. Despite this fee, the tool's benefits in terms of streamlined financial management, increased efficiency, and cost control could potentially outweigh this cost for many businesses.

In conclusion, Vivid's Travel Management Tool is a valuable addition to the Vivid platform, offering SMEs and entrepreneurs a comprehensive solution for managing business trips while streamlining financial management and increasing efficiency.

The Travel Management Tool integrated into Vivid's mobile app enables small and medium enterprises (SMEs) to manage travel expenses in coordination with other financial operations, fostering centralized financial management. This tool makes it possible for users to book and pay for business trips, including flights, hotels, and coworking spaces, directly within the Vivid app, thereby streamlining the overall business lifestyle by reducing the need for multiple platforms. Furthermore, Vivid's strategic partnership with Duffel ensures a wide range of travel options, allowing businesses to save time and resources while navigating their travel needs in the coming years.

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