Case study

Karpaten Turism saves on its travel spend

💼 Industry: travel | 📈 Stage: enterprise |📍 Headquarters: Romania ✅ Saved over 25% in currency exchange costs ✅ 20% less time spent processing team expenses
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Challenge

Chained to chasing exchange rates

As a global tour operator, Karpaten Turism needed to manage payments in various currencies to keep up with customer travels. They constantly chased the best rates, switching between traditional banks. Still, exchange costs proved significant. 

Karpaten Turism also struggled to manage business expenses on the move — spending hours hunting down receipts from their team and tour guides. They needed a smooth-sailing, time-saving solution that their team could take with them around the world.

Solution

Employing new Expense tools

Karpaten Turism started using Revolut Business for international payments, currency exchange, and expense management. They could trust us for seamless spend in all their currencies, around the world — saving both time and money with the interbank rate¹, fast transfers, and multi-currency cards for their team.

The Expenses tool² reimagined how they managed spend with real-time analytics, spend controls, and approvals that made reporting a breeze. It’s simple for the team too — they can upload expense details directly in-app, no additional paperwork needed.

¹Within allowance, during market hours.

²Some Expenses features are only available on Grow, Scale, and Enterprise plans. Expenses costs an additional monthly charge per team member.

Results

Time and money well spent

Karpaten Turism managed to cut their currency exchange costs by over 25% using Revolut Business. Not to mention they’ve consolidated international payments into one tool, rather than juggling multiple. Cutting out complex process helps keep their spend in sight.

With the Expenses tool, Karpaten Turism could process team spend much faster. They saved over 20% of their time, while ensuring the finance team is always in control and in the know. With spend sorted, the company could focus on offering customers top-notch adventures. 

Now, Karpaten Turism are all eyes on what’s next — they plan to extend their use of Revolut Business and reduce reliance on cash with our range of payment acceptance tools.

Adriana Sarbu, CFO • Karpaten Turism“Revolut Business has helped our finance team become more agile and responsive, to process transactions faster at lower costs, and keep track of the team's expenses in real-time.”

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Explore the tools and features they used

Expenses
Currency exchange
Transfers

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