A year ago, we launched SpotHero for Business, the first in-app solution to help employers and commuters better manage parking expenses. Since then, we have been gathering input from commuters and building relationships with expense software and pre-tax benefits providers with the goal of reaching more people and organizations. Today, in our biggest expansion yet, we’re excited to announce the addition of five new providers to the SpotHero for Business platform!
There are two key aspects of SpotHero for Business: 1) parking expense management for employers and employees, and 2) pre-tax payment options for commuters. This expansion means that an increasing amount of work commuters and business travelers in the United States can use SpotHero and enjoy major savings—both in the cost of parking for work and in the time it takes to file expense reports.
According to Becca Rabinowitz, Head of SpotHero for Business, these new partnerships signify an enthusiastic market response to the SpotHero for Business product: “Parking drives ancillary spend in business travel, and over the past year, more organizations are realizing just how much that adds up. The companies we work with are benefiting from added savings, and drivers are thrilled to use a free mobile app that makes travel easier. It’s a win-win.”
New Expense Software Provider: Chrome River
We are especially pleased to add new expense software provider, Chrome River, to the SpotHero for Business platform. Chrome River is a leading expense provider to over 750 companies, opening up the expense reporting integration to all employees of these organizations. For more info on how the Chrome River integration works for users, click here.
In addition to Chrome River, SpotHero for Business integrates with Concur, Expensify, and Certify for expense reporting. Now even more corporate travelers can use SpotHero for Business to automate parking reimbursement, saving employees time and giving travel managers more visibility into reporting and expense management.
For Bonnie Brabb, Enterprise Travel Services Manager at TDS Telecom, SpotHero For Business has rapidly become a solution that’s seen widespread adoption across the organization: “We’re receiving so much positive feedback about SpotHero from our stakeholders, including C-suite level executives. The app is easy to use, and savings add up quickly with each purchase!”
New Commuter Benefits Providers
For commuters who do not submit parking expenses for company reimbursement, there’s still a way to save on out-of-pocket work commute expenses—with pre-tax dollars. By leveraging pre-tax dollars to pay for parking on SpotHero, drivers can save on average of 25%-40% on their daily commute, based on current tax rates.
We are excited to announce the integration of four new commuter benefits providers:
- Edenred Commuter Benefits Solutions
- Benefit Resource
SpotHero now accepts commuter benefits cards from WageWorks, Ameriflex, Navia, Edenred Commuter Benefits Solutions, and Benefit Resource, with more to come! Participants of these programs can find, reserve, and pay for parking with pre-tax dollars at thousands of garages on SpotHero’s platform, in 47 cities across North America, including New York, Chicago, San Francisco, Washington DC, Boston, and Philadelphia.
For more information on SpotHero for Business, visit SpotHero.com/business.
SpotHero, North America’s leading parking reservation service, empowers drivers to find and book parking at thousands of garages, lots, and valets across the US and Canada. Launched in 2011, SpotHero is headquartered in Chicago and has secured $57.5 million in funding. To learn more, visit www.spothero.com.