News Article

KDS Named Innovative Travel & Expense Management Technology of the Year by PayStream Advisors

November 9, 2016

Philadelphia – October 27, 2016KDS, a global provider of corporate travel and expense (T&E) management software solutions, has announced that it has been selected by financial research and advisory firm PayStream Advisors as winner of its 2016 Innovative Travel & Expense Management Technology of the Year award.



Every year, as part of its Innovative Technology of the Year awards, PayStream’s expert team assesses automation software providers and recognises those that deliver exemplary solutions that streamline costly, time-consuming, back-office finance processes.  These companies empower businesses to efficiently manage transactions within a global web of customers, suppliers and partners that is becoming increasingly more complicated every day.

Recognized as one of the “true disruptors” for the year, KDS Neo is a SaaS platform combining a smart, door-to-door travel booking engine, all the functionality of traditional shopping cart OBTs and expense management unified under a consumer-grade user interface.  Neo eases the lives of corporate travellers and delivers immediate value to organisations on the strength of its adoption.


“KDS automatically creates comprehensive, multi-mode travel plans according to users’ pre-defined parameter,” said Jimmy LeFever, Director, Research & Consulting, PayStream Advisors.  “Its dashboard is both visually appealing and highly interactive, with multiple views of calendars, submitted expenses, and pending report approvals. Its mobile app achieves more in terms of ease of use and employee satisfaction than many of its competitors.”


Optimizedfor the web, tablets and smartphones, Neo enables users to interact with their itineraries in whatever manner they choose.  Through the solution, companies are able to streamline business travel and expense management processes, saving time and money.


“We are thrilled that our technology was recognised by PayStream as the most innovative in the T&E space and thank the firm for this accolade,” said Dean Forbes, CEO of KDS.  “We are constantly working to revolutionize our offering to deliver the most intuitive solution, one that business travellers want to use given its simplicity and consumer “look and feel” and that companies benefit from as a result of the financial savings, increased efficiency and duty of care and compliance issues it addresses.”


About KDS

KDS ( is a global provider of integrated travel and expense management solutions, with a strong record of award-winning innovations. The company’s cloud-based technologies address diverse requirements such as T&E policy enforcement and adoption, online business travel booking , automated expense processing and invoice reconciliation.

KDS creates software that users love and believes that user experience is key to delivering cost savings, productivity gains, spend visibility and control.


For further information please contact:

KDS media inquiries in the U.S.
Ascendant Communications, for KDS

Jessica Mularczyk, +1-508-498-9300

KDS media inquiries in the UK
Ascendant Communications, for KDS

Charlotte Hanson, +44 (0) 208 334 8041