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sabre red

Travel Settlement Services

Manually settling paper invoices is an outdated practice in

today’s electronic world. Your employees’ time is redirected

from serving customers. Assets are tied up waiting for

payments. And detailed tracking and reporting is a complex

process.

Bring your company into the modern age with Travel

Settlement Services, powered by Conferma.

An easier processTravel Settlement Services was created to replace the

manual, labour-intensive process of hotel central settlement.

Virtual credit cards are generated and attached directly to the

PNR during a booking. Automatic settlement once the trip

occurs ensures a property is paid within standard card terms.

A fully-detailed audit trail is created using this process. With

traveller data separated by PNR, clients have access to

thorough traveller information. They can then keep an eye on

travel policy compliance more accurately.

Key benefi ts• Increase productivity

Stop chasing paper trails and actually make money.

Manual reconciliation is not only time-consuming but

expensive. By automatically matching the booking

with the payment, possible disputes disappear and

opportunities reappear.

• Improve cash fl owThe faster you invoice, the faster you get paid. Rather

than weeks or months afterward, bill clients within

24 hours of a hotel stay. And say goodbye to credit

exposure with longer credit terms from a corporate

card partner.

• Eliminate fraud riskRemove fraud risks by generating a unique virtual

credit card number for each reservation. Trace

bookings back to individual bookers, reducing security

issues. Not only is it PCI compliant, but it stops error

or misuse of corporate cards.

• Enhance customer service and reportingFree up your time to give clients detailed reports.

With payments linked directly to specifi c bookings,

complete information is right at your fi ngertips.

• Reduce internal costsTrim down administrative expenses by moving to a

paper-less process. No more mailing means checks

and postage are decreased.

Streamline your hotel central settlement process today.

To start improving your business effi ciency with Travel

Settlement Services, contact your Sabre® representative.

Automate hotel central settlement process with Travel Settlement Services. Generate more revenue and greater effi ciency by automating your central billing process.

powered by

Automated central settlement: high-level process fl ow

Committed to minimising the environmental impact of our global operations and to promoting sustainable business practices in travel and tourism. www.sabre-holdings.com

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