Grasp Technologies, Inc. Announces Strategic Partnership with US Foods and GDSX

News provided by

Jul 16, 2012, 12:44 ET

SAN DIEGO, July 16, 2012 /PRNewswire/ -- Grasp Technologies has entered into a strategic initiative to provide innovative travel management reporting to US Foods in connection with their implementation of GDSX's TripLink™ product. The project is slated to go live in August of this year.

As previously announced, GDSX designed TripLink to solve the growing challenge of capturing travel data and managing real-time customer-service processes for trips purchased outside of a corporation's standard booking channels. TripLink enables Travel Management Companies (TMCs) and Corporate Travel Departments (CTDs) to actively support travelers during a trip with itinerary changes and on-the-road problems, regardless of where trips are booked, while ensuring the integrity of a corporation's duty-of-care programs to locate travelers in case of emergency.

Travel Manager Jennifer Steinke of US Foods, who is slated to manage the first corporate beta test of TripLink at US Foods, realized that new reporting solutions and capabilities would be necessary to accommodate the wider variety of data managed by TripLink. "We knew that additional reporting capabilities would be necessary to gain actionable insights from all this aggregated information, and I am convinced that Grasp is the right supplier to realize that new vision," said Ms. Steinke. "Our plan is to combine the capabilities of GDSX and Grasp to reach the 'Holy Grail' of trip-centric reporting."

Grasp CEO, Erik Mueller said the company is excited by the opportunity to give corporations greater insight into their travel and expense data. "By reporting on detailed card and expense report data, combined with reservation and booking information, costs for future travel can be predicted more accurately and managed more precisely," he said. "Working with these visionary partners, we will be able to help corporations and their agency partners to better manage all aspects of their travel program."

Grasp will play a key role in this partnership by developing new reporting metrics and visualization capabilities around this data. "We were especially pleased to collaborate with GDSX on this initiative because we share their vision of extending travel management capabilities for companies and TMCs to a wider variety of booking sources."

About Grasp Technologies
www.grasptechnologies.com
Grasp Technologies are experts at helping companies worldwide know the unknowable by creating custom solutions that help them quickly adapt to constantly changing business climate and customer needs. With more than ten core products and an arsenal of custom solutions, Grasp is a leading provider of data technology for the travel industry and other industries throughout the world. Erik Mueller, founder and CEO of Grasp, often says that "There is nothing we cannot do with data!" Founded in 1996, Grasp provides unmatched customer service and serves as an ongoing source of knowledge and expertise for both customers and anyone in need of data and technology support. Grasp has offices in San Diego, CA and Columbus, OH.

SOURCE Grasp Technologies