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Delhi, India: In a significant move aimed at transforming enterprise expense management in India, Happay, India's leading travel and expense management solution, has forged a strategic partnership with India’s pre-eminent consulting firm, Grant Thornton Bharat. This partnership signals a pivotal moment in redefining how enterprises handle their financial operations, focusing on implementing robust, scalable solutions to tackle the prevalent challenges of the expense management market.
Recent statistics highlight the critical need for efficient expense management systems, with businesses reporting substantial impacts on their operations due to inefficient financial handling. Leveraging Grant Thornton Bharat's deep market insights and Happay's innovative technology, this partnership is poised to maximise efficiency and enhance financial transparency for businesses across various sectors.
Himanshu Singh, Senior Vice President at Happay, emphasised the transformative potential of this collaboration, stating, "With Grant Thornton's expertise in strategic business processes and our technological capabilities, we are poised to revolutionise expense management in India. This partnership aligns perfectly with our mission to deliver not just solutions but also strategic value that addresses the evolving financial challenges of businesses."
Suresh Venkatesan, Partner, Grant Thornton Bharat, echoed this sentiment, "This collaboration marks a significant milestone in our commitment to providing innovative solutions that streamline and optimise travel processes. By leveraging the cutting-edge technology and expertise of Happay, we empower organisations to thrive in an increasingly dynamic business landscape, ensuring greater efficiency, transparency, and control.”
The travel and expense management software market, with an anticipated growth rate of 12.4% from 2020 to 2027, is a testament to the substantial demand for such innovations, and they are ready to meet and exceed these expectations.
With a shared vision to simplify and enhance expense management, both firms join hands to empower businesses with the tools to manage expenses more effectively, ensuring compliance, reducing errors, and fostering a culture of financial prudence and accountability.
Happay is India's largest travel and expense management platform used by 7000+ enterprises, such as PwC, Tata, Welspun, Apollo, etc. Powered by AI, Happay's integrated suite of corporate travel, employee expense management, and payments helps companies reduce their T&E spends while improving employee experience. Headquartered in Bangalore, with offices in Gurgaon and Mumbai, the company processes $3B+ in Annual Gross Transaction Value and has users across 20+ countries
“Grant Thornton Bharat” means Grant Thornton Advisory Private Limited, a member firm of Grant Thornton International Limited (UK) in India, and those legal entities which are its related parties as defined by the Companies Act, 2013, including Grant Thornton Bharat LLP.
Grant Thornton Bharat LLP, formerly Grant Thornton India LLP, is registered with limited liability with identity number AAA-7677 and has its registered office at L-41 Connaught Circus, New Delhi, 110001.
References to Grant Thornton are to Grant Thornton International Ltd. (Grant Thornton International) or its member firms. Grant Thornton International and the member firms are not a worldwide partnership. Services are delivered independently by the member firms.
Press Release
Grant Thornton Bharat partners with Happay to redefine expense management across Indian enterprises
26 Apr 2024
Delhi, India: In a significant move aimed at transforming enterprise expense management in India, Happay, India's leading travel and expense management solution, has forged a strategic partnership with India’s pre-eminent consulting firm, Grant Thornton Bharat. This partnership signals a pivotal moment in redefining how enterprises handle their financial operations, focusing on implementing robust, scalable solutions to tackle the prevalent challenges of the expense management market.
Recent statistics highlight the critical need for efficient expense management systems, with businesses reporting substantial impacts on their operations due to inefficient financial handling. Leveraging Grant Thornton Bharat's deep market insights and Happay's innovative technology, this partnership is poised to maximise efficiency and enhance financial transparency for businesses across various sectors.
Himanshu Singh, Senior Vice President at Happay, emphasised the transformative potential of this collaboration, stating, "With Grant Thornton's expertise in strategic business processes and our technological capabilities, we are poised to revolutionise expense management in India. This partnership aligns perfectly with our mission to deliver not just solutions but also strategic value that addresses the evolving financial challenges of businesses."
Suresh Venkatesan, Partner, Grant Thornton Bharat, echoed this sentiment, "This collaboration marks a significant milestone in our commitment to providing innovative solutions that streamline and optimise travel processes. By leveraging the cutting-edge technology and expertise of Happay, we empower organisations to thrive in an increasingly dynamic business landscape, ensuring greater efficiency, transparency, and control.”
The travel and expense management software market, with an anticipated growth rate of 12.4% from 2020 to 2027, is a testament to the substantial demand for such innovations, and they are ready to meet and exceed these expectations.
With a shared vision to simplify and enhance expense management, both firms join hands to empower businesses with the tools to manage expenses more effectively, ensuring compliance, reducing errors, and fostering a culture of financial prudence and accountability.
About Happay
Happay is India's largest travel and expense management platform used by 7000+ enterprises, such as PwC, Tata, Welspun, Apollo, etc. Powered by AI, Happay's integrated suite of corporate travel, employee expense management, and payments helps companies reduce their T&E spends while improving employee experience. Headquartered in Bangalore, with offices in Gurgaon and Mumbai, the company processes $3B+ in Annual Gross Transaction Value and has users across 20+ countries
About Grant Thornton Bharat
“Grant Thornton Bharat” means Grant Thornton Advisory Private Limited, a member firm of Grant Thornton International Limited (UK) in India, and those legal entities which are its related parties as defined by the Companies Act, 2013, including Grant Thornton Bharat LLP.
Grant Thornton Bharat LLP, formerly Grant Thornton India LLP, is registered with limited liability with identity number AAA-7677 and has its registered office at L-41 Connaught Circus, New Delhi, 110001.
References to Grant Thornton are to Grant Thornton International Ltd. (Grant Thornton International) or its member firms. Grant Thornton International and the member firms are not a worldwide partnership. Services are delivered independently by the member firms.