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Magnatech Travel Management Solutions Inc.

Full company profile

uuid00ymbby

Namestring
Magnatech Travel Management Solutions Inc.
Legal namestring
Magnatech Travel Management Solutions Inc.
Websiteurl
magnatech.com
Company typeenum
Private
Founded yearint
1990
Descriptiontext

Magnatech Travel Management Solutions Inc. is a privately held Canadian SaaS company founded in 1990 and headquartered in Montreal (with offices in Laval and a new Montreal location from April 2025), serving Travel Management Companies (TMCs) and Corporate Travel Departments (CTDs) across 70 countries. The company builds cloud-based, web-delivered software that automates four core mid-office workflows: OnTrackplus (unused ticket tracking and automated credit management across Amadeus, Travelport+, and Sabre, including NDC bookings), SafeToGo (traveller tracking and automated risk messaging for duty of care), OnQueue (interactive document delivery for itineraries and invoicing, currently in Version 3), and MTWorkflows (workflow automation covering quality control, pre-trip approval, PNR validation, GDS scripting, and file finishing). All four products are registered trademarks and SOC 2 Type II certified, with integration touchpoints into Serko, BookingBuilder, Concur, Kudos, and Umbrella Profiles. The company maintains a deliberate ecosystem of agency-association partnerships (CT Partners, GlobalStar, Helloworld, Link Travel Group) and technology integrations with adjacent travel platforms, which collectively channel adoption into thousands of travel offices.

Magnatech operates a subscription-based SaaS revenue model with quote-based, volume-tiered pricing (monthly billing) and volume discounts for agency consortium members and strategic partners (e.g., 50% OnTrackplus setup discount for BookingBuilder clients). GTM is enterprise field sales targeting global TMCs and corporate travel departments, supplemented by association-channel distribution that enables efficient onboarding of smaller TMCs. The company added 494 new agency locations in 2024 and 403 in 2025, each starting with at least one Magnatech service, and ships 75+ product enhancements annually. Magnatech is led by founder-CEO Paul Gioia, with Maria Nudo as VP and Susan Enners as Regional Sales Director for APAC; headcount is in the 11–50 range. The company has no disclosed outside funding, no parent, and operates as a closely held corporation with 35+ years of continuous operation and recurring growth driven by product depth, GDS integration completeness, and consortium channel leverage.

Short descriptiontext

Magnatech is a Montreal-based SaaS provider founded in 1990 that builds cloud-based travel management automation software — OnTrackplus, SafeToGo, OnQueue, and MTWorkflows — for Travel Management Companies and Corporate Travel Departments across 70 countries.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersMontréal, Canada
HQ citystring
Montréal
HQ countrystring
Canada
HQ regionstring
North America
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
corporate travel software, travel management automation, GDS integration platforms, duty of care solutions, unused ticket tracking
Industry3 codes
1Online Booking Tools (OBT) & Corporate Booking UX
CodeTHALAGADPrimaryYes
2Commission, Incentives & Revenue Optimization (ARC/BSP, Overrides)
CodeTHALAGAIPrimaryNo
3Travel Management & Booking Infrastructure (GDS/Channel Managers/Booking APIs)
CodeBPAMAIAOPrimaryNo
NAICS code2 codes
  • Travel Arrangement and Reservation Services5615
  • All Other Travel Arrangement and Reservation Services561599
Product category
Corporate Travel Management Software
Social media profiles1 record
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model1 record
1SaaS Subscriptions
TypeSubscription Recurring
Description

Magnatech operates as a subscription-based SaaS provider offering its four core products (OnTrackplus, SafeToGo, OnQueue, MTWorkflows) to TMCs and corporate travel departments. Pricing includes volume-based arrangements for agency groups and associations, with setup fees and recurring subscription charges. The company offers discounted setup fees for strategic partners (e.g., 50% off OnTrackplus setup for BookingBuilder clients).

magnatech.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure
Pricing details2 tiers
1Standard Subscription - Volume-based for Agency Groups
ModelSubscriptionBilling cadenceMonthly
Notes

Volume-based pricing available through agency association agreements (e.g., CT Partners umbrella agreement, Helloworld group agreement). Special offers include 50% off setup fees for BookingBuilder clients transitioning to OnTrackplus.

magnatech.com
2OnTrackplus Standalone
ModelSubscriptionBilling cadenceMonthly
Notes

OnTrackplus available as standalone subscription. BookingBuilder partnership offers 30-day free trial of Unused TicketFetch with 50% off setup fee for Magnatech clients continuing with the service.

magnatech.com
GTM typeB2B
B2B
Offering typeSoftware
Software
Brand1 of 4 records shown
1OnTrackplus
Description

Automated unused ticket tracking and reporting solution for travel management companies.

magnatech.com
+3 more records
Core offering1 text field

Magnatech develops web-based, cloud-hosted SaaS solutions that automate key mid-office and back-office tasks for the corporate travel industry. Its suite of four registered-trademark products — OnTrackplus (unused ticket tracking and credit management), SafeToGo (traveller tracking and duty-of-care risk messaging), OnQueue (interactive document delivery for itineraries and invoices), and MTWorkflows (workflow automation, quality control, and pre-trip approval) — is purpose-built for Travel Management Companies (TMCs) and Corporate Travel Departments (CTDs), with native integration into the three major GDSs (Amadeus, Travelport+, and Sabre) and support for NDC bookings.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Magnatech Travel Management Solutions provides a unified suite of four core software products for corporate travel management: OnTrackplus for unused ticket tracking and credit management, SafeToGo for duty of care and traveler tracking, OnQueue for document delivery (interactive itineraries and invoicing), and MTWorkflows for automated operational workflows. All four products integrate with major GDS platforms (Amadeus, Travelport+, Sabre) and various third-party tools. The company, founded in 1990 and headquartered in Montreal, serves TMCs and corporate travel departments across 70 countries.

Product and service5 records
1OnTrackplus
CategoryTravel Management Software
Description

Automated unused ticket tracking and credit management SaaS that finds, tracks, calculates, and reports on unused airline ticket credits across Amadeus, Travelport+, and Sabre (including NDC bookings). Reduces ADM-related costs and eliminates manual credit tracking errors for TMCs and corporate travel departments.

2SafeToGo
CategoryTravel Management Software
Description

Duty-of-care and traveller tracking SaaS providing real-time traveller location monitoring, automated travel risk alerts, live flight updates, pre-departure notifications, and compliance reporting for corporate travel managers and TMCs.

3OnQueue Document Delivery
CategoryTravel Management Software
Description

Document delivery SaaS providing interactive, responsive itineraries and invoices with clickable links, cross-sell and upsell opportunities for car rentals and travel insurance, multilingual support, calendar sync, and customizable templates.

4MTWorkflows
CategoryTravel Management Software
Description

Workflow automation SaaS for travel agencies automating messaging, quality control, PNR validation, auto-issuance of tickets, policy validation, pre-trip approval, and file finishing, with sophisticated GDS scripting capabilities.

5Automated EMD Tracking for Sabre (OnTrackplus capability)
CategoryTravel Management Software
Description

Automated EMD tracking capability within OnTrackplus that streamlines Electronic Miscellaneous Document management for Sabre-connected TMC clients, improving visibility, reducing manual intervention, and enhancing EMD-related reporting accuracy.

Scale indicator6 records

Each record includes

Type, Value, Description, Source

Partnership10 partners
Strategic tierCoreTypeTechnology or IntegrationAnnounced on2026-04-23
Description

15-year integration partnership (since 2011) delivering combined unused ticket management solution. OnTrackplus finds/tracks/calculates credits while BookingBuilder's Unused TicketFetch displays credits at point-of-sale. Mutual clients report up to $5,000/month savings in ADMs.

Strategic tierFlagshipTypeChannel Partner/ Reseller/ DistributorAnnounced on2026-04-15
Description

Umbrella agreement extending OnTrackplus access to CT Partners' 35 independent TMC members across Australia. Tailored bulk-billing arrangement particularly benefiting smaller corporate agencies with volume-based pricing.

Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2025-08-01
Description

Strategic partnership making Magnatech the strategic duty of care and ticket tracking provider for Helloworld's network of 2,700+ agency and broker members across Australia and New Zealand. OnTrackplus and SafeToGo offered under unified agreement.

Strategic tierFlagshipTypeStrategic or Co-development PartnerAnnounced on2024-09-17
Description

Global partnership making Magnatech preferred duty of care and approval solutions provider for GlobalStar's network operating in 55+ countries. SafeToGo and MTWorkflows offered at preferential rates to GlobalStar partners.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2024-09-04
Description

Strategic partnership providing OnTrackplus access to Link Travel Group's member agencies (formed by Flight Centre Travel Group, Goldman Travel, and Spencer Group). Four agencies already using OnTrackplus at partnership launch.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2023-09-09
Description

Partnership to elevate duty of care services for TMCs, combining Magnatech's SafeToGo traveller tracking with Agentivity's risk management capabilities.

Strategic tierCoreTypeTechnology or IntegrationAnnounced on2023-03-21
Description

Integration partnership simplifying corporate uptake of unused credits by combining Magnatech's OnTrackplus with Kudos point-of-sale automation tools.

Strategic tierCoreTypeTechnology or Integration
Description

GDS partnership enabling Magnatech to read NDC PNRs from Amadeus since March 2023, integrated into all Magnatech offerings.

Strategic tierCoreTypeTechnology or Integration
Description

GDS partnership enabling Magnatech to read NDC PNRs from Travelport+ since March 2023, integrated into all Magnatech offerings.

Strategic tierCoreTypeTechnology or Integration
Description

GDS partnership enabling full NDC ticket status automation across Sabre, achieving complete ticket status tracking parity across all three major GDSs since 2025.

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeOthers
Description

Travelport+ (formerly Galileo) is a major GDS partner powering Magnatech's ticket status automation. Like Amadeus and Sabre, it is both an essential platform dependency and an adjacent vendor competing for travel-tech spend.

TypeOthers
Description

Amadeus is one of Magnatech's three core GDS partners and also a parent-company of Cytric Travel & Expense, an enterprise OBT. As both a critical integration partner and an indirect competitor through Cytric, Amadeus represents a complex dual relationship.

TypeEmerging player
Description

Spotnana is a modern travel platform built on a GDS-agnostic architecture with strong NDC support. It competes for TMC technology budgets that historically went to mid-office automation tools like Magnatech's suite.

TypeBroad incumbent
Description

SAP Concur is the dominant incumbent in corporate travel and expense management. Its Concur Travel OBT integrates with Magnatech's OnTrackplus, but Concur offers a much broader T&E platform and competes head-on with Magnatech's duty-of-care-adjacent workflows at large enterprises.

TypeDirect peer
Description

Serko provides corporate travel and expense management software, including online booking tools, and is integrated with Magnatech's OnTrackplus for credit management. It competes in the same TMC/CTD buyer base with overlapping mid-office automation capabilities.

TypeOthers
Description

Sabre is a leading GDS provider and a core integration partner for Magnatech's NDC ticket tracking. Sabre also sells adjacent corporate travel technology, making it both an enabler and an indirect competitor in TMC tooling.

TypeEmerging player
Description

TravelPerk is a global business travel platform targeting SMEs and mid-market corporates with an integrated booking + expense stack. It addresses an overlapping buyer base (corporate travel managers) and could displace mid-office automation tools via integrated workflow features.

TypeOthers
Description

TRIPBAM provides hotel shopping and rebooking technology for corporate travel programmes and is an integration partner of Magnatech. It addresses overlapping buyer needs (corporate travel managers) with a more specialised hotel-data focus.

TypeEmerging player
Description

Navan is a venture-backed corporate travel and expense platform combining booking, payments, and travel management. It targets the same corporate travel buyers as Magnatech but with a fully integrated, AI-driven end-to-end platform.

TypeDirect peer
Description

BookingBuilder provides point-of-sale automation tools for travel agents, including Unused TicketFetch, which integrates directly with Magnatech's OnTrackplus. It serves the same TMC customer base with complementary unused-credit automation capabilities.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers15 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile3 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

Integration8 records

Each record includes

Title, Type, Description, Source

AI capability2 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles3 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
Compliance1 record

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Magnatech Travel Management Solutions Inc.

Corporate Travel Management Softwaremagnatech.com

Magnatech is a Montreal-based SaaS provider founded in 1990 that builds cloud-based travel management automation software — OnTrackplus, SafeToGo, OnQueue, and MTWorkflows — for Travel Management Companies and Corporate Travel Departments across 70 countries.

What Magnatech Travel Management Solutions Inc. does

Magnatech Travel Management Solutions Inc. is a privately held Canadian SaaS company founded in 1990 and headquartered in Montreal (with offices in Laval and a new Montreal location from April 2025), serving Travel Management Companies (TMCs) and Corporate Travel Departments (CTDs) across 70 countries. The company builds cloud-based, web-delivered software that automates four core mid-office workflows: OnTrackplus (unused ticket tracking and automated credit management across Amadeus, Travelport+, and Sabre, including NDC bookings), SafeToGo (traveller tracking and automated risk messaging for duty of care), OnQueue (interactive document delivery for itineraries and invoicing, currently in Version 3), and MTWorkflows (workflow automation covering quality control, pre-trip approval, PNR validation, GDS scripting, and file finishing). All four products are registered trademarks and SOC 2 Type II certified, with integration touchpoints into Serko, BookingBuilder, Concur, Kudos, and Umbrella Profiles. The company maintains a deliberate ecosystem of agency-association partnerships (CT Partners, GlobalStar, Helloworld, Link Travel Group) and technology integrations with adjacent travel platforms, which collectively channel adoption into thousands of travel offices.

Magnatech operates a subscription-based SaaS revenue model with quote-based, volume-tiered pricing (monthly billing) and volume discounts for agency consortium members and strategic partners (e.g., 50% OnTrackplus setup discount for BookingBuilder clients). GTM is enterprise field sales targeting global TMCs and corporate travel departments, supplemented by association-channel distribution that enables efficient onboarding of smaller TMCs. The company added 494 new agency locations in 2024 and 403 in 2025, each starting with at least one Magnatech service, and ships 75+ product enhancements annually. Magnatech is led by founder-CEO Paul Gioia, with Maria Nudo as VP and Susan Enners as Regional Sales Director for APAC; headcount is in the 11–50 range. The company has no disclosed outside funding, no parent, and operates as a closely held corporation with 35+ years of continuous operation and recurring growth driven by product depth, GDS integration completeness, and consortium channel leverage.

Magnatech Travel Management Solutions Inc. firmographics

Firmographics
Name
Magnatech Travel Management Solutions Inc.
Legal name
Magnatech Travel Management Solutions Inc.
Website
https://magnatech.com
Company type
Private
Founded year
1990
Operating status
Operating
Headcount range
11–50 employees
Short description
Magnatech is a Montreal-based SaaS provider founded in 1990 that builds cloud-based travel management automation software — OnTrackplus, SafeToGo, OnQueue, and MTWorkflows — for Travel Management Companies and Corporate Travel Departments across 70 countries.
Ownership category
akta.pro rank

Magnatech Travel Management Solutions Inc. industry classification

Industry
Product category
Corporate Travel Management Software
NAICS
Travel Arrangement and Reservation Services (5615), All Other Travel Arrangement and Reservation Services (561599)
akta.pro primary industry
Online Booking Tools (OBT) & Corporate Booking UX (THALAGAD)
akta.pro secondary industries
Commission, Incentives & Revenue Optimization (ARC/BSP, Overrides) (THALAGAI), Travel Management & Booking Infrastructure (GDS/Channel Managers/Booking APIs) (BPAMAIAO)

Keywords

  • Corporate travel software
  • Travel management automation
  • GDS integration platforms
  • Duty of care solutions
  • Unused ticket tracking

Where Magnatech Travel Management Solutions Inc. is headquartered

Location

Headquarters

HQ city
Montréal
HQ country
Canada
HQ region
North America

Offices2 records

Markets served

Magnatech Travel Management Solutions Inc. business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

  1. SaaS Subscriptions: Magnatech operates as a subscription-based SaaS provider offering its four core products (OnTrackplus, SafeToGo, OnQueue, MTWorkflows) to TMCs and corporate travel departments. Pricing includes volume-based arrangements for agency groups and associations, with setup fees and recurring subscription charges. The company offers discounted setup fees for strategic partners (e.g., 50% off OnTrackplus setup for BookingBuilder clients).

Pricing tiers

ModelBillingPrice
SubscriptionMonthlyStandard Subscription - Volume-based for Agency Groups
SubscriptionMonthlyOnTrackplus Standalone

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Magnatech Travel Management Solutions Inc. product offering

Product offering

Core offering

Magnatech develops web-based, cloud-hosted SaaS solutions that automate key mid-office and back-office tasks for the corporate travel industry. Its suite of four registered-trademark products — OnTrackplus (unused ticket tracking and credit management), SafeToGo (traveller tracking and duty-of-care risk messaging), OnQueue (interactive document delivery for itineraries and invoices), and MTWorkflows (workflow automation, quality control, and pre-trip approval) — is purpose-built for Travel Management Companies (TMCs) and Corporate Travel Departments (CTDs), with native integration into the three major GDSs (Amadeus, Travelport+, and Sabre) and support for NDC bookings.

Product overview

Magnatech Travel Management Solutions provides a unified suite of four core software products for corporate travel management: OnTrackplus for unused ticket tracking and credit management, SafeToGo for duty of care and traveler tracking, OnQueue for document delivery (interactive itineraries and invoicing), and MTWorkflows for automated operational workflows. All four products integrate with major GDS platforms (Amadeus, Travelport+, Sabre) and various third-party tools. The company, founded in 1990 and headquartered in Montreal, serves TMCs and corporate travel departments across 70 countries.

Differentiator

Problem solved

Functional benefit

Brands

  • OnTrackplus: Automated unused ticket tracking and reporting solution for travel management companies.
  • SafeToGo
  • OnQueue
  • MTWorkflows

Products and services

  • OnTrackplus Automated unused ticket tracking and credit management SaaS that finds, tracks, calculates, and reports on unused airline ticket credits across Amadeus, Travelport+, and Sabre (including NDC bookings). Reduces ADM-related costs and eliminates manual credit tracking errors for TMCs and corporate travel departments.
  • SafeToGo Duty-of-care and traveller tracking SaaS providing real-time traveller location monitoring, automated travel risk alerts, live flight updates, pre-departure notifications, and compliance reporting for corporate travel managers and TMCs.
  • OnQueue Document Delivery Document delivery SaaS providing interactive, responsive itineraries and invoices with clickable links, cross-sell and upsell opportunities for car rentals and travel insurance, multilingual support, calendar sync, and customizable templates.
  • MTWorkflows Workflow automation SaaS for travel agencies automating messaging, quality control, PNR validation, auto-issuance of tickets, policy validation, pre-trip approval, and file finishing, with sophisticated GDS scripting capabilities.
  • Automated EMD Tracking for Sabre (OnTrackplus capability) Automated EMD tracking capability within OnTrackplus that streamlines Electronic Miscellaneous Document management for Sabre-connected TMC clients, improving visibility, reducing manual intervention, and enhancing EMD-related reporting accuracy.

Companies that use Magnatech Travel Management Solutions Inc.

Customer profile

Named customers15 records

Segments3 records

Ideal customer profiles3 records

Magnatech Travel Management Solutions Inc. technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Integration8 records

AI capability2 records

Feature4 records

Magnatech Travel Management Solutions Inc. partnerships and signals

Strategic signal

Partnerships

Ten partnerships are on record, tiered core and flagship.

  • BookingBuilder TechnologiescoreTechnology or Integration · 23 April 202615-year integration partnership (since 2011) delivering combined unused ticket management solution. OnTrackplus finds/tracks/calculates credits while BookingBuilder's Unused TicketFetch displays credits at point-of-sale. Mutual clients report up to $5,000/month savings in ADMs.
  • CT PartnersflagshipChannel Partner/ Reseller/ Distributor · 15 April 2026Umbrella agreement extending OnTrackplus access to CT Partners' 35 independent TMC members across Australia. Tailored bulk-billing arrangement particularly benefiting smaller corporate agencies with volume-based pricing.
  • Helloworld Travel LimitedflagshipStrategic or Co-development Partner · 1 August 2025Strategic partnership making Magnatech the strategic duty of care and ticket tracking provider for Helloworld's network of 2,700+ agency and broker members across Australia and New Zealand. OnTrackplus and SafeToGo offered under unified agreement.
  • GlobalStar Travel ManagementflagshipStrategic or Co-development Partner · 17 September 2024Global partnership making Magnatech preferred duty of care and approval solutions provider for GlobalStar's network operating in 55+ countries. SafeToGo and MTWorkflows offered at preferential rates to GlobalStar partners.
  • Link Travel GroupcoreStrategic or Co-development Partner · 4 September 2024Strategic partnership providing OnTrackplus access to Link Travel Group's member agencies (formed by Flight Centre Travel Group, Goldman Travel, and Spencer Group). Four agencies already using OnTrackplus at partnership launch.
  • AgentivitycoreStrategic or Co-development Partner · 9 September 2023Partnership to elevate duty of care services for TMCs, combining Magnatech's SafeToGo traveller tracking with Agentivity's risk management capabilities.
  • Kudos Travel TechnologycoreTechnology or Integration · 21 March 2023Integration partnership simplifying corporate uptake of unused credits by combining Magnatech's OnTrackplus with Kudos point-of-sale automation tools.
  • AmadeuscoreTechnology or IntegrationGDS partnership enabling Magnatech to read NDC PNRs from Amadeus since March 2023, integrated into all Magnatech offerings.
  • Travelport+ (Galileo)coreTechnology or IntegrationGDS partnership enabling Magnatech to read NDC PNRs from Travelport+ since March 2023, integrated into all Magnatech offerings.
  • SabrecoreTechnology or IntegrationGDS partnership enabling full NDC ticket status automation across Sabre, achieving complete ticket status tracking parity across all three major GDSs since 2025.

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Magnatech Travel Management Solutions Inc. competitors and assessment

Company assessment

Others

  • Travelport: Travelport+ (formerly Galileo) is a major GDS partner powering Magnatech's ticket status automation. Like Amadeus and Sabre, it is both an essential platform dependency and an adjacent vendor competing for travel-tech spend.
  • Amadeus: Amadeus is one of Magnatech's three core GDS partners and also a parent-company of Cytric Travel & Expense, an enterprise OBT. As both a critical integration partner and an indirect competitor through Cytric, Amadeus represents a complex dual relationship.
  • Sabre: Sabre is a leading GDS provider and a core integration partner for Magnatech's NDC ticket tracking. Sabre also sells adjacent corporate travel technology, making it both an enabler and an indirect competitor in TMC tooling.
  • TRIPBAM: TRIPBAM provides hotel shopping and rebooking technology for corporate travel programmes and is an integration partner of Magnatech. It addresses overlapping buyer needs (corporate travel managers) with a more specialised hotel-data focus.

Emerging players

  • Spotnana: Spotnana is a modern travel platform built on a GDS-agnostic architecture with strong NDC support. It competes for TMC technology budgets that historically went to mid-office automation tools like Magnatech's suite.
  • TravelPerk: TravelPerk is a global business travel platform targeting SMEs and mid-market corporates with an integrated booking + expense stack. It addresses an overlapping buyer base (corporate travel managers) and could displace mid-office automation tools via integrated workflow features.
  • TripActions (Navan): Navan is a venture-backed corporate travel and expense platform combining booking, payments, and travel management. It targets the same corporate travel buyers as Magnatech but with a fully integrated, AI-driven end-to-end platform.

Broad incumbents

  • SAP Concur: SAP Concur is the dominant incumbent in corporate travel and expense management. Its Concur Travel OBT integrates with Magnatech's OnTrackplus, but Concur offers a much broader T&E platform and competes head-on with Magnatech's duty-of-care-adjacent workflows at large enterprises.

Direct peers

  • Serko: Serko provides corporate travel and expense management software, including online booking tools, and is integrated with Magnatech's OnTrackplus for credit management. It competes in the same TMC/CTD buyer base with overlapping mid-office automation capabilities.
  • BookingBuilder Technologies: BookingBuilder provides point-of-sale automation tools for travel agents, including Unused TicketFetch, which integrates directly with Magnatech's OnTrackplus. It serves the same TMC customer base with complementary unused-credit automation capabilities.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Magnatech Travel Management Solutions Inc. social profiles

Digital presence

Magnatech Travel Management Solutions Inc. compliance and trust

Trust signal

Compliance1 record

Magnatech Travel Management Solutions Inc. financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Magnatech Travel Management Solutions Inc. leadership team

Management profile

Number of profiles

Profiles3 records

Magnatech Travel Management Solutions Inc. funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Magnatech Travel Management Solutions Inc. M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Magnatech Travel Management Solutions Inc.

What does Magnatech Travel Management Solutions Inc. do?

Magnatech develops web-based, cloud-hosted SaaS solutions that automate key mid-office and back-office tasks for the corporate travel industry. Its suite of four registered-trademark products — OnTrackplus (unused ticket tracking and credit management), SafeToGo (traveller tracking and duty-of-care risk messaging), OnQueue (interactive document delivery for itineraries and invoices), and MTWorkflows (workflow automation, quality control, and pre-trip approval) — is purpose-built for Travel Management Companies (TMCs) and Corporate Travel Departments (CTDs), with native integration into the three major GDSs (Amadeus, Travelport+, and Sabre) and support for NDC bookings.

Is Magnatech Travel Management Solutions Inc. a public or private company?

Magnatech Travel Management Solutions Inc. is a private company. It is classified as founder individual operated bootstrapped and is currently operating.

When was Magnatech Travel Management Solutions Inc. founded?

Magnatech Travel Management Solutions Inc. was founded in 1990. It employs 11 to 50 people.

Where is Magnatech Travel Management Solutions Inc. based?

Magnatech Travel Management Solutions Inc. is headquartered in Montréal, Canada, in the North America region.

How does Magnatech Travel Management Solutions Inc. make money?

One revenue line is on record: saaS Subscriptions.

Who are Magnatech Travel Management Solutions Inc.'s main competitors?

Others on record are Travelport, Amadeus, Sabre and TRIPBAM. Emerging players are Spotnana, TravelPerk and TripActions (Navan). SAP Concur is listed as a broad incumbent. Direct peers are Serko and BookingBuilder Technologies.

Does Magnatech Travel Management Solutions Inc. have an API?

No public API is recorded for Magnatech Travel Management Solutions Inc..

What industry is Magnatech Travel Management Solutions Inc. in?

Magnatech Travel Management Solutions Inc.'s product category is Corporate Travel Management Software. Its primary akta.pro industry code is THALAGAD, Online Booking Tools (OBT) & Corporate Booking UX, with a secondary code of THALAGAI, Commission, Incentives & Revenue Optimization (ARC/BSP, Overrides). Its NAICS code is 5615.

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