Today’s Technology Update is brought to you by Tramada Systems Pty. Ltd.
Save time; collect more money: hotel commission automation
AFTA selected tramada® Onyx Integration as a finalist for this year’s NTIA awards for good reason. Designed to improve hotel commission earnings for travel agencies while reducing the time and cost taken to do so, tramada® Onyx Integration clearly delivers incremental revenue to the bottom line of travel agencies.
Analysis conducted by Onyx has shown that around 40% of commission owed by hotels is never given to agencies that earnt it. Most agencies fail to chase commissions because it is time consuming and often the expense of banking commission is more than the commission earned.
The significant issue solved by the tramada® Onyx Integration is ensuring travel agents get paid for all hotel commissions due – not only those booked via a GDS. Travel consultants or business owners lose valuable time doing this work manually instead of focussing on selling and servicing their clients.
Because the tramada® Onyx Integration interface with Onyx commission recovery is automated, the consultant doesn’t need to do anything to follow up on payment other than create the original hotel booking within the tramada® environment. This includes automatic reconciliation of recovered vs expected commission for each hotel booking. The integrated solution then accepts single monthly payments from Onyx, massively reducing banking fees especially from international hotels.
Christian Stevens, Chief Financial Officer, Tramada - your technology partner