TRX announces new program to save on travel expenses

Friday, 01 Mar, 2007 0

TRX, Inc., a global technology company that develops and hosts software applications to process data records and automate manual processes, announced the beta release of its TRAVELTRAX^SM data reporting platform.

The company says it sets “a new standard in corporate travel data reporting technology. “

“TRAVELTRAX fills a gaping hole for corporations – simple, online access to consolidated, high-quality travel, credit card, and expense data that they can trust and use to control travel spending,” said Trip Davis, president and CEO.

TRAVELTRAX is a Web-based, on-demand reporting application designed for corporations of all sizes. TRX is also working with travel agencies, airlines, and financial institutions through reseller arrangements to offer private-label versions to their corporate accounts.

Visual dashboard reporting from the TRAVELTRAX Web interface gives corporate travel managers, CFOs, controllers, office managers – anyone who oversees travel budgets and spending – better control over their travel programs, according to the company.

Subscribers can easily view their company’s current travel spending vs. budget, monitor and manage supplier contracts, and model employees’ spending patterns.

With data feeds from over 250 travel, payment card, and expense management sources, TRAVELTRAX consolidates global travel data for corporations.

“TRAVELTRAX is a unique and robust tool. We’re building on our core business of transaction processing and data reporting for the world’s leaders in travel,“ said Mr Davis. He added:

“This innovation is very customer-focused. We have completed a number of market studies and focus groups with corporations – large and small, some with highly managed travel programs and others with unmanaged programs. The needs of the travel buyers for reporting integrity and utility are not being met. Our goal with TRAVELTRAX is to meet those needs.”

Report by David Wilkening

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