How Recticel Achieved €1M in Savings on a €9M Travel Spend

About Recticel 

Recticel is a leading manufacturer of polyurethane solutions. They have been growing their expertise in the PU foam business since 1952, making them the European leader. The company generates €1.07b in turnover per year with its diversified activities in 3 business lines: bedding, engineered foams and insulation.

Some context

Recticel is headquartered in Brussels and is present in 21 countries, employing over 5.000 people in their 53 plants and offices.

Recticel is an international industrial player who wants to make a difference in people’s daily lives by improving their comfort. They hope to achieve this by using their skills and expertise in the transformation of polyurethane chemistry.

To serve their customers properly, they manage multiple entities with many employees who claim travel expenses daily. 

The challenge

The international nature of Recticel's operations has always created a high level of complexity. The main challenge is operating with so many different systems, currencies and partners in many different countries.

They recognised the need to take their expense management to a whole new level. To remain the industry leader in Europe, they need an expense management solution that: 

• Takes little time and energy to manage.
• Functions across their different entities.
• Integrates with their tech stack.

The solution

Mobilexpense became Recticel's partner of choice in 2007 and has been now for over a decade. 

The integration of Mobilexpense with Recticel's ERP and different providers makes data easily available in the solution, allowing the group to manage spending more effectively. 

Mobilexpense is integrated with Recticel's:

• ERP software 
• Business credit card providers
• Travel management platform
• Online booking tools
• Other providers for example: fuel cards, car rental agencies and mobile phone operators.

These integrations are crucial to automating and optimising travel and expense processes. Therefore all solutions work together to reduce costs.