Traxo in Partnership With BTP Automation on Hotel Program Solution
Tool is designed to save time and money, especially for out-of-policy bookings >>
by: Harvey Chipkin
Traxo, a provider of corporate travel data capture and pre-trip auditing, announced a partnership with Business Travel Performance Automation to launch what it calls the industry’s first fully automated solution for hotel request for proposal (RFP) and program management. The solution is designed to save time and create maximum quantifiable savings on all corporate hotel bookings, including those booked “off channel,” or outside a company’s corporate travel program. The new service — the BTP Index — leverages robotic process automation (RPA) via a data analytics platform. It will serve, according to an announcement, to transform the historically complex, cumbersome and time- and resource-consuming ”hotel RFP season” into an easier-to-manage, self-tuning corporate hotel negotiated rate program. The BTP Index automatically and dynamically monitors and renegotiates hotel program terms and conditions. At the same time, it provides the travel manager with recommended, automated corrective actions that can increase lodging savings by ensuring that hotels remain accountable to rate commitments, while improving their travel program’s policy compliance through pre-trip auditing. With the solution, according to the announcement, corporate travel managers gain complete visibility into hotel program data on a daily basis, allowing them to be proactive and accountable to their executive management as they will now be able to predict exactly how well the company is performing against stated policy.
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