tnemea-12-15027 travel settlement services red travel settlement services manually settling paper...
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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Manually settling paper invoices is an outdated practice in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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