Addressing unmet needs in the small and medium enterprises through use of emerging technologies : a business plan

Abstract

The Small and Medium Enterprises in India face a major problem with Travel & Expense management due to higher prices, low return-on-investment, higher transition costs and steeper learning curve. In order to address this unmet need and huge opportunity, we are building 'T-Desque' a cloud-based travel solution for the Indian market. Our vision is to make the entire travel related processes seamless, efficient and cost effective. Our product will focus on the following modules: - Travel Requisitions, Approvals & Reimbursement to streamline existing manual/ semi-manual process - Rewards to incentive for employees to be prudent on official travel - Spend Visualization for better visibility and control on travel spend Our key differentiator will be the rewards module, which will be a one of its kind offering which incentivizes employees to be prudent during business travel. This module will also help employers contain travel costs and be our source of monetization.