FCTG Troovo payment pact
FLIGHT Centre Travel Group (FCTG) has announced the selection of Troovo Technologies as its global payment technology partner.
Troovo CEO Kurt Knackstedt, who founded Troovo along with former ATPI Voyager CEO Richard Savva, said Troovo Payments was the world’s only digital and virtual payment processing platform powered by Robotic Process Automation (RPA).
Troovo is a cloud-based Software-as-a-Service platform, with the Aussie company having offices in Sydney and Melbourne.
Knackstedt said Troovo would integrate its robotic engine to enable so-called “invisible payments” across all Flight Centre Group systems and platforms.
“This will create a highly secure, completely automated and totally touch-free solution for payments made to FLT’s suppliers.
“Flight Centre Travel Group has always pushed the envelope around new ways of thinking about its business and giving new technology a go, and we are thrilled to partner with the company to help it achieve its payment objectives,” he added.
Flight Centre Global Treasurer, Richard Humphreys, said the Troovo platform provided the company with flexibility and scalability on a global basis, with FCTG set to use the RPA solution to achieve its objectives for efficiency, cost savings and revenue optimisation.
The collaboration will see a number of FCTG business units across the globe deploying Troovo within their operational and payment process flows over the coming months, with the aim of fully deploying a “global payment switch” within the Group which will see supplier payments routed through and processed by Troovo throughout 2020 and beyond.