Travel expense technology suppliers Conferma says its customers will now be able to book, reconcile and settle low-cost carrier transactions using its product.
The company says it has created a virtual card which corporates and their travel management companies use to pay for low cost carrier bookings in a secure environment.
Conferma said the booking will be dealt with by the card whether it was made on a GDS, on the LCC’s own website or through a third party booking platform.
It says full audit trails will be possible thanks to powerful matching data.
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Conferma’s product is available as an independent API (application programming interface) and can support any programming language and work with existing infrastructure and booking systems.
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Conferma CEO Simon Barker said: “Corporates have told us they want a more controlled and streamlined process as well as a better audit trail on their low cost carrier spend so, with a proven track record in the hotel sector, we are now pioneering T&E virtual reconciliation and settlement technology in the low cost carrier field.Â
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“This is part of a planned roll-out of Conferma’s offering to other areas such as car rental, rail and other areas of corporate spend.â€
by Dinah Hatch
