Latest News
HomeRegional NewsFCM Travel Solutions strengthens its innovation programme with investment in Shep
Travel managament

FCM Travel Solutions strengthens its innovation programme with investment in Shep

John Morhous, Chief Experience Officer, FCM.

Founded in 2016, Shep helps companies improve travel program savings, compliance and safety by monitoring activity on over 70 consumer travel sites.

 

Global travel management company, FCM Travel Solutions announced it has made a minority investment in Shep the  browser extension technology that assists companies with better management of travel purchased outside of their corporate travel policies.

Shep is the latest initiative joining recent similar investments and acquisitions made by the company that include Sam, FCM’s AI-based mobile travel assistant, and 30SecondsToFly with its AI powered chat booking platform, to help foster additional product innovation for FCM in the business travel space. FCM plans to incorporate Shep's technology into the next generation of the TMC's platform offering.

Founded in 2016, Shep helps companies improve travel program savings, compliance and safety by monitoring activity on over 70 consumer travel sites. In addition to tracking, Shep's advanced browser extension approach can also enforce policy at the point of sale and link to client analytics and duty of care programmes.

The list of accolades since inception have been numerous and include Phocuswire’s Hot 25 Travel Startups, Skift’s 2018 Corporate Travel Innovators, runner-up at BTN Innovate and Demo Day winner at the Plug and Play Winter Summit in 2018.

We’ve had a long relationship with the Shep team and have enjoyed following their success.“ said John Morhous, Chief Experience Officer for FCM, “We’re excited to leverage some of this technology into our platforms, as we feel the browser extension is a simple and elegant solution to a problem many of our customers face, which is gaining visibility over spend on travel that happens outside of the managed programmes they provide.”

Even in our early days, John and the FCM team immediately recognised and valued Shep's potential to solve a major pain point in the business travel market," said Daniel Senyard, CEO and co-founder of Shep. “We are very excited to be partnering more deeply with such an innovative team to support and create more sophisticated, empowered, and educated business traveller programmes.”

Co-Founder & Chief Editor - TravelDailyNews Media Network | Website | + Posts

Vicky is the co-founder of TravelDailyNews Media Network where she is the Editor-in Chief. She is also responsible for the daily operation and the financial policy. She holds a Bachelor's degree in Tourism Business Administration from the Technical University of Athens and a Master in Business Administration (MBA) from the University of Wales.

She has many years of both academic and industrial experience within the travel industry. She has written/edited numerous articles in various tourism magazines.

28/03/2024
27/03/2024
26/03/2024
25/03/2024
22/03/2024
21/03/2024