Taking Care Of Dollars And Cents
Carlson Wagonlit Travel (CWT) has added a virtual payment solution powered by Conferma to its travel offerings. The new virtual payment solution not only helps travellers without a company credit card, but also clients who want to settle their corporate travel centrally.
Initially the solution will be used to pay for hotels and low cost carriers, and may also be offered for other content in the future.
CWT said that for clients and travel managers, this means automated reconciliation of charges for improved accuracy, greater visibility into total cost of travel, increased efficiency and better program compliance, while travellers will benefit from a simplified expense management process and less reliance on their personal credit cards for business expenditure.
Nick Vournakis, senior vice-president, Global Marketing, CWT, said: “Clients are looking to CWT to manage payments for all their travel, across all market segments, online and offline. This solution enables us to meet even more of their needs, and we look forward to implementing this innovative product with our clients.”
CWT’s virtual credit card solution works across all GDS platforms, and depending on which country a customer is based, can be offered via CWT’s or the client’s specific card provider.
Simon Barker, CEO, Conferma, said: “At Conferma, we pride ourselves on being at the forefront of innovation in universal payment technologies. CWT has embraced our innovation and customized it around their world-renowned and flexible corporate solutions. We are confident that Conferma’s technologies, combined with CWT’s global reach and customer service ethic, will set a new, industry-leading standard in payment and data solutions.”