Centralised hotel settlement solution developed
An online centralised hotel settlement solution designed to resolve hotel ‘back bill’ issues has been developed.
Barclaycard Business is working with corporate hotels booking solutions provider Conferma to streamline hotel payments for businesses.
This will benefit buyers, intermediaries and suppliers in the travel industry cutting down on both administration time and cost, the companies claim.
The deal sees Barclaycard Business gaining 12 months exclusive rights as the only card provider for the centralised payment solution.
By working in conjunction with travel management companies and hotel booking agencies, the tool allows Barclaycard Business to give clients greater transparency of hotel folio data, including separating out room nights from other spend to provide a detailed analysis of total spend.
It functions by combining the TMC/HBA’s booking information with the actual amount charged to the client’s Barclaycard Business card account and, optionally, adding detailed hotel folio data.
Commercial cards director Denise Leleux said: “By streamlining the hotel bill back process all stakeholders will benefit.
“Businesses will be able to centralise their hotel spend and travel management companies and hotel booking agencies can benefit from a more streamlined process and reduced financial exposure. And, of course, hotels will benefit from swifter settlement.”
by Phil Davies
Phil Davies
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