Lola.com is a startup that provides spend and travel management software designed to simplify the financial operations of businesses. The platform is particularly beneficial for finance teams, helping them save time and money on business expenses. Lola.com operates in the business travel and expense management market, serving a diverse range of clients from small businesses to large enterprises.

The core offering of Lola.com is its user-friendly software that integrates travel booking and expense management into one seamless platform. This allows companies to book travel and manage expenses in real-time, eliminating the need for traditional expense reports and reimbursements. Every transaction is automatically mapped to a budget, preventing over-budget expenses before they occur. Additionally, the platform offers corporate cards for every user, which can be tracked in real-time to maintain control over spending.

Lola.com’s business model is subscription-based, with pricing starting at $250 per month. The company also offers a free tier with basic features, and higher-tier plans that include additional services such as single sign-on (SSO), quarterly spend reviews, 24/7 travel agent support, and proactive travel disruption support. This tiered pricing model allows Lola.com to cater to businesses of various sizes and needs.

The company has experienced significant growth, with a 1,147% increase in its customer base in 2019, and has been recognized as the top-rated travel management app. Lola.com’s success is driven by its ability to streamline financial processes, giving finance teams more time to focus on strategic tasks rather than repetitive administrative work.

Keywords: spend management, travel management, finance software, business expenses, real-time tracking, corporate cards, budget control, subscription-based, expense automation, travel booking.