TINA simplifies the reconciliation process by importing RateHawk supplier statements!

We’ve been constantly driven by the desire to bring tangible added value to travel agencies using TINA, help them improve their margins, and increase productivity through technology enhancements meant to automate travel operations and provide instant access to the best available options.

We know that importing supplier statements is an important part of the workflow and facilitates the reconciliation process. Hence, our ongoing efforts to enhance this feature involve expanding our supplier base. With our latest development for TINA, we've introduced the ability to import statements from RateHawk extending the integration capabilities with our partner from importing bookings from RateHawk to managing easier statement of accounts for RateHawk bookings. 

How importing RateHawk statements helps your day-to-day financial operations?

• Accuracy and Data Integrity: With TINA - RateHawk integration for supplier statement, you ensure that the data is accurate and consistent. This helps you prevent errors that can occur when manually entering this information.

• Efficiency: Manual data entry is time-consuming and prone to errors. Uploading directly RateHawk statements automates the process, saving time and reducing the risk of mistakes. This allows your finance team to focus on more strategic tasks.

• Real-time Visibility: TINA - RateHawk integration provides real-time visibility into your financial transactions. This information is crucial for making informed decisions, managing cash flow, and tracking supplier performance.

• Reconciliation: Uploading supplier statements simplifies the reconciliation process. This makes it easier to identify discrepancies and resolve issues with RateHawk promptly.

• Cash Flow Management: Uploading RateHawk statements in TINA and accessing up-to-date supplier statements helps you manage your cash flow effectively. You can forecast your cash needs more accurately, negotiate favorable payment terms, and avoid late payment penalties.
  
  
• Cost Reduction: Automation reduces the manual effort required for data entry and reconciliation with RateHawk, which can result in cost savings over time. It also reduces the risk of overpayment or underpayment, which can incur additional costs.

This new functionality upgrades the operations that can be managed in TINA for RateHawk bookings, as TINA is able to import all the hotel bookings from RateHawk and helps you automate your operational flow. This way, TINA provides you the automation tools for a touchless booking fulfillment process as well as quality control and financial tools that translate into 0 operational costs for RateHawk bookings.

About RateHawk

RateHawk.com is an innovative B2B hotel booking engine developed by the team of Emerging Travel Group, and it is present in 170+ markets worldwide.

Their mission is to offer users the best prices for any type of accommodation in any geography. RateHawk scans the globe for the best accommodation providers, hand-picks the strongest ones and passes on the best offers in the B2B hotel booking world from 120+ wholesalers, consolidators, OTAs and DMCs in one product. RateHawk offers over 35 ,00 properties contracted directly. This approach allows them to provide their partners with 1,5 mln+ properties globally.