Uber has introduced a new feature which allows all of its users to switch between their personal and business profiles, so that business trips are charged straight back to the company.
This will cut down on the need to keep receipts and file expense forms, but could also lead to some red faces if users forget to switch between accounts.
How to set it up
Simply log into your app and click profile in the top left of the screen. You will then be taken through a three step wizard to add a business profile.
Enter your work e-mail, select a default payment method (credit card) and then schedule weekly or monthly reports direct to your work inbox.
You will now have a dropdown under your profile picture with personal and business accounts clearly listed. Profiles can be edited but not deleted at this time.
Uber for Business
Uber introduced a centralised billing system and travel dashboard for business accounts back in September 2014. Uber for Business (U4B) allows employees to bill their rides to the central account, cutting down on company credit cards, reimbursements, and time intensive expense reports.
Companies can easily monitor Uber usage by employees and set policies for business trips, for example journeys that originate at the office after 8pm.
Uber states that it has over 50,000 companies registered with U4B, with the top cities for travel being London, Mexico City, Paris and Toronto.
According to expense management firm Certify Uber for Business has proved incredibly popular, with its Q1 report showing Uber usage up 20% from 2014.
Uber competitor Gett prides itself on its corporate clientele, boasting more than 2,500 enterprise clients that can utilise the company’s flat rates (Uber surges pricing when demand is high).
This figure falls far short of Uber’s 50,000 companies claim, but Gett says: “Our focus is on large organisations that are generally traded on the stock exchanges or are generating revenues in the hundreds of millions, needing professional services and reliability.”
Gett believes that SME firms can simply self serve using Gett and that, “we do not have a SME self service corporate product that we are actively pushing at this time.”
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