TRX Credit Card Matchback Travel Utility Provides Insight Into Travel Spend Gaps

Oct 21, 2010, 15:00 ET from TRX, Inc.

ATLANTA, Oct. 21 /PRNewswire/ -- TRX, Inc. (www.trx.com) (Pink Sheets: TRXI), a world's leading provider of travel technology, process automation, consulting and data services, provides a travel technology utility that allows corporate travel and procurement departments to identify the spend gap between booked travel and actual travel costs billed to a corporate credit card.

Detailed insight into disparities between booked and billed travel charges facilitate expense audits and travel policy compliance. TRX's Credit Card Matchback travel utility provides corporations with detailed reconciliation of point of sale travel data with corporate card expenditures. This includes disparities for air, car, and hotel travel spend, enabling corporations to identify significant trends such as:

  • Negotiated rate and fare discrepancies
  • Point of sale divergence across all travel categories
  • Non-compliant traveler behavior
  • Corporate booking tool adoption
  • Travel program leakage

Credit Card Matchback is one of TRX's 20 plus travel technology utilities offered as hosted software with support services for travel data analytics, data management, workflow management, as well as other functions to deliver cost savings and productivity gains. Each stand-alone and independent travel utility provides powerful and flexible functionality along with quick implementation timeframes to accelerate return on investment.

"Studies show that 40 to 60 percent of corporate hotel reservations are made outside of preferred booking channels, often driving up costs and negatively impacting travel program performance," said Shane Hammond, President and CEO, TRX. "TRX travel technology utilities like Credit Card Matchback help our clients capture savings opportunities simply."

About TRX

TRX is a world-leading travel technology and data services provider, offering more than 20 software-as-a-service utilities for online booking, reservation processing, data intelligence, and process automation. We deliver our technology applications in an on-demand environment to travel agencies, corporations, travel suppliers, government agencies, credit card associations, credit card issuing banks, and third-party administrators. We provide patented savings maximization solutions via our travel analytics consulting practice, extending spend management services to travel buyers all over the world. We complement all of these offerings with a global workforce focused on travel process automation and reengineering. For more information about TRX or to contact a TRX sales office, phone 404.929.6100 or visit the company's website at www.trx.com.

SOURCE TRX, Inc.



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