Sabre to Extend Corporate Travel Management System to PeopleSoft Business Network; Sabre BTS is a Charter Merchant in the Travel and Expense E-Business Community
FORT WORTH, Texas, May 25 /PRNewswire/ -- Sabre (NYSE: TSG) today announced that it is a charter merchant in the PeopleSoft Business Network, providing an integrated e-business solution, enabling organizations to reduce corporate costs and deliver e-business services that meet employees' needs. This agreement combines the Sabre Business Travel Solutions(R) benefits of book-to-expense functionality for travel and entertainment purchases with the PeopleSoft Business Network. By integrating PSBN with Sabre BTS, companies will be able to automate and streamline the purchase of items such as indirect goods, company services and business travel to reduce costs, eliminate inefficiencies and increase return on investment. Sabre BTS provides customers a total travel management solution, which is fully integrated with the corporation and its travel agency. The software suite includes modules for travel reservations and travel policy management, expense reporting and decision making. PSBN links together a variety of existing eBusiness communities -- travel, office supplies and benefits systems -- and delivers the customized corporate data to employees' desktops. Together, these two solutions reduce off-contract spending, increase compliance with corporate policies and provide greater volume-based cost reductions. "By extending Sabre BTS, we can provide our customers with an enterprise business-to-business portal and demonstrate Sabre's commitment to helping customers control costs and track expenditures in an innovative way," said Nancy Raynor, senior vice president of Sabre and general manager of Sabre Business Travel Solutions(R). "This agreement gives our customers more tools to take advantage of e-commerce opportunities." PeopleSoft customers will be able to easily access Sabre BTS through the PSBN eBusiness Travel and Expense Community. Users can handle all purchases through one application. Additionally, the integrated products will provide single-user administration capability that will reduce systems administration time and costs. "We are excited to be working with Sabre because of its proven, robust functionality and unsurpassed travel expertise," said Tom Glassanos, president of the eBusiness Solutions Division at PeopleSoft. "Sabre's leadership in travel technology and its extensive travel agency customer base gives PSBN a strong foothold in the travel marketplace." Sabre is a world leader in the electronic distribution of travel and is a leading provider of information technology solutions for the travel and transportation industries, including customized software development and software products, transaction processing, consulting and total information technology outsourcing. Current Sabre news releases may be accessed via the Internet. Sabre and Sabre Business Travel Solutions are registered trademarks, and Sabre BTS and the Sabre logo are service marks, of an affiliate of The Sabre Group, Inc., soon to be known as Sabre Inc. Visit the Company's Web site at http://www.sabre.com.
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