What is Grasp Technologies?

Grasp Technologies is a travel data management company founded in 1996 and headquartered in Dublin, Ohio. It provides data consolidation, analytics, and virtual payment solutions for Travel Management Companies (TMCs), travel agencies, and corporate travel programs. Grasp processes over $40 billion in annual transactions worldwide.

What products does Grasp Technologies offer?

Grasp Technologies offers three main products: graspDATA, a travel data consolidation platform that unifies data from GDS, back-office, expense, and HR systems; graspANALYTICS, a Microsoft Power BI-based analytics solution with interactive dashboards for spend, sustainability, and performance reporting; and graspPAY, an automated virtual payment (VCN) solution for TMCs and agencies that enables fraud-free, fully reconciled travel payments.

Who does Grasp Technologies serve?

Grasp Technologies serves Travel Management Companies (TMCs), travel agencies, corporate travel managers, and procurement teams at Fortune 500 companies and fast-growing organizations worldwide.

graspPAY is a virtual payment solution from Grasp Technologies that automates the generation and application of single-use virtual credit card numbers (VCNs) within the travel booking process. It integrates with existing booking tools via open APIs, requires no custom coding, eliminates manual payment handling, reduces fraud risk, and provides 100% reconciliation of travel transactions.

What is graspANALYTICS?

graspANALYTICS is Grasp Technologies' business intelligence and analytics solution, built on Microsoft Power BI. It provides TMCs and travel agencies with interactive dashboards for travel spend analysis, advanced purchase pattern tracking, CO2 and sustainability reporting, what-if scenario modeling, and client business reviews.

How long has Grasp Technologies been in business?

Grasp Technologies was founded in 1996 and has been serving the travel industry for over 30 years. It is headquartered in Dublin, Ohio, United States.

How does Grasp Technologies handle travel data consolidation?

Grasp Technologies consolidates travel data from multiple sources including GDS platforms (Sabre, Amadeus, Travelport), TMC back-office systems, online booking tools, expense management systems, credit card feeds, and HR systems. The graspDATA platform normalizes and cleanses this data into a single unified dataset, eliminating silos and preparing data for analytics, reporting, and AI-ready use cases.

Grasp Reports Broad Adoption of Virtual Payments Workflow

Aug 29

Written By Peter Sebio

Peter Sebio

Grasp Reports Broad Adoption of Virtual Payments Workflow

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