Travel and Expense | Corporate

Corporate

Secure Automated Settlement, Accurate Data, Cost Reductions

Conferma’s virtual card technology allows corporations to transfer T&E and other procure-to-pay transactions away from inefficient, costly and labour intensive paper based processes.

Conferma’s booking settlement and reconciliation solutions provide the corporate world with the tools to control, monitor and improve their existing purchasing programs within a secure PCI compliant environment.

Capable of connecting to any proprietary systems via a web enabled API. Conferma’s Settlement Platform (CSP) gives today’s corporate T&E professionals the tools to eliminate paper based processes and remove the opportunity for fraudulent activity.

This introduction and application of powerful booking, settlement and reconciliation tools gives corporations and multinational corporations the accurate transaction data needed to negotiate better rates with vendors. By collecting data and delivering it directly into back office systems for use in management reports.

Conferma’s Hotel Booker solution is an excellent example of how virtual card technology simplifies corporate T&E. Giving unrivalled access to multi-GDS, non-GDS, direct connect and other inventory providers. Travel policies are included within Hotel Booker as purchasing protocols directing users towards the best rates ensuring room allocation and cost control. Booking and inventory vendor data are all collected and automatically communicated to the hotel via fax and email.

Hotel Booker can extend into Conferma’s CSP platform to match booking and transaction data with invoices. To enable reconciliation in a fraction of the time it currently takes. This resolves the current issues around billback processes and allows for missing invoices to be promptly identified and pursued.

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