CSP - Conferma Settlement Platform
The smarter way to pay hotel bills
CSP (Conferma Settlement Platform) is the world's first secure hotel settlement system and the second part of Conferma's integrated hotel booking and payment service.
Winner of this year's best Business Travel Product in the 2009 Business Travel World Awards, the software has resolved long-standing issues with the traditional bill-back process and has quickly become established as the industry standard for paying and tracking hotel bills.
CSP (Conferma Settlement Platform) removes time-consuming manual processes by automatically matching hotel booking and billing data, slashing the time spent processing expense forms and reconciling invoices.
By providing a simple way to track how much individual employees are spending, it allows companies to enforce travel and expense policy guidelines and control accommodation costs much more effectively.
CSP (Conferma Settlement Platform) can be used with any hotel that accepts Visa and no pre-arranged credit facilities are required. The system complies fully with the strictest Payment Card Industry's Data Security Standard criteria used by leading banks and financial institutions.
CSP (Conferma Settlement Platform) is trusted by some of the UK's largest blue chip employers and widely used by the UK's top travel management companies.
How does the Conferma Settlement Platform help me?
Increases productivity:
- No more hours wasted reconciling your hotel bookings or employee expense claims with subsequent invoices
- A clear audit trail and a detailed breakdown of costs means less time having to sort out disputes, either with staff or your travel management company/hotel booking agency
More budgetary control and management information:
- Review the costs incurred by individual employees, and check whether they're adhering to your travel and expense policy
- See exactly how much you're spending with preferred hotel chains so you can improve supplier negotiations
- Check booked against actual spend to keep a check on the cost of additional extras
Reduces administration time:
- Because CSP is for the business as a whole, it can be used by any member of staff, even infrequent travellers, without the need to issue a new corporate card every time
- Checking out is much simpler for employees
- Travellers are able to settle their bills without having to claim back expenses or use expensive, centrally managed bill back ledgers.
Bigger choice of hotels:
- CSP can be used with any hotel that accepts the card of a Conferma card partner, with no change to their systems.