What is a data feed?
Data feed in travel expense management
A data feed is an automated stream of data from sources such as corporate credit cards and travel booking systems into expense management software. It includes transaction details and booking information, helping to streamline expense tracking and management.
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Key principles of a data feed:
- Purpose: Automates the collection and integration of travel-related expense data.
- Sources: Corporate credit cards, travel booking systems, and other financial systems.
- Content: Transaction details and booking information.
- Integration: Automates data entry into the expense management software.
- Usage: Real-time tracking, reconciliation of corporate credit card statements, and policy compliance checks.
Example of a data feed
When an employee uses a corporate credit card to book a flight, transaction details are automatically sent via the data feed to the expense management system, streamlining expense tracking and reimbursement.
The benefits of a data feed
- Save time – Cut down on manual data entry so your team can focus on more important work.
- Fewer mistakes – Automated data transfer means fewer errors and less back-and-forth.
- Stay on top of spending – Get real-time updates so you always know where money’s going.
- Stay compliant – Make sure every expense follows company rules without extra effort.
Find out how official Dutch data standards work and how they’re used.
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