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Hotel Industry Trends |
Monday October 13th, 2008 |
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Pros Seek Simpler Hotel E-folio |
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Travel management professionals generally agree on the merits of enriched e-folio data streams from hotels to credit card companies to expense reporting systems, but expanded deployment begs for standardization. |
While customized solutions may work for the very largest accounts, other buyers are pressing payment and lodging companies for common systems. Some hotel officials, meanwhile, blame a lack of demand.
According to panelists and delegates speaking here this week during the National Business Travel Association's annual conference, advantages of e-folio include higher traveler compliance to preferred hotel programs via an easier expense reporting process that pre-populates many items, administrative cost savings by going paperless, and more complete data on every aspect of hotel costs for tracking, auditing and negotiating the next deal with hotel suppliers.
External Source - For the complete article click here
Source - Management.travel
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