travel tech insights

Fees management rules set-up and their impact on your business profitability

Get your financials right! You know very well the range of commercial agreements that you have with your corporate customers and how complex they can become. Also, a smart and accurate set up and management of service fees, commissions and discounts will have an impact on your business long-term profitability. Most likely, you have a diversity of service fee models – whether in terms of the amounts charged, type of service for which you are charging, type of operation performed (for ex. in case of air tickets – issue, change, refund etc.). As these service fees are a valuable source of revenue, you as a TMC, should be strict when applying fees, discounts and commissions.

Topics: travel erp Travel Management Company TMC travel agency management travel process automation TINA process automation

TINA Academy: free education meant to grow travel businesses as well as individual careers

17 years of expertise in the travel industry, together with hundreds of business models analyzed, translated into a robust travel ERP – TINA, that is not only being successfully used globally, but also became an industry standard solution.

TINA is about efficiency, cost reduction and profitability. It represents a good way for travel agencies to become more productive and to grow. In order to help our customers achieve the best results with TINA, we thought of ways of helping them to use the platform at its full potential.

Topics: travel erp TINA TINA Academy

Why Should You Invest in Travel Technology?

This is a question every manager in the travel industry should be asking themselves, because the thought process behind a serious answer will jumpstart – or clarify – a reasoned foundation for a strategic role and direction for technology.  Technology spend is a critical part of doing business, however you should not spend crazy money on it but don’t fall far behind the competition either.

Topics: erp Travel Industry travel SaaS travel technology travel website travel erp travel

Why Travel Companies Need An ERP Solution in 2017

Today’s travel companies often find themselves in the same scenario as companies within a host of other industries: The prospect of having to do more with less.

Because the 21st Century travel industry demands travel companies operate with greater agility, flexibility, and visibility, travel companies are constantly tasked with increasing efficiency, reducing costs, and enhancing the overall customer experience in order to remain viable and competitive. With such a crowded field in today’s travel landscape, travel companies  can find themselves struggling to navigate the wealth of options, methods, and modes when it comes to increasing the efficacy of their products and services.

This is where a travel ERP solution is an important value proposition for travel companies as they strive to multi-task and work faster and more efficiently. The capacity of a travel ERP solution to automate workflows and back-office tasks, and fast, accurate invoicing and documentation reduce headaches for travel companies by streamlining once manual, time-consuming activities. This provides travel companies with greater visibility and responsiveness across each touch point of the value chain.

Topics: travel erp travel erp system erp system 2017

How Technology Can Support Travel Management Company Growth

Technology has been changing at a revolutionary pace in recent decades, with the result being changes in the way travel companies operate in nearly every sphere of the business world, including corporate travel. This new rate of change is already having significant repercussions for travel management companies, many of whom now do business with corporate clients who are increasingly wrapped up in the culture of increased technological growth.

While staying relevant and discovering new value can seem daunting under circumstances such as these, the same types of innovative thinking and new technological systems can and should be applied to managing business travel.

Topics: travel erp technology erp system