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Abacus Enhances PowerSuite Solution

Search ASIA Travel Tips .com Latest Travel News Send to Friend Thursday, 23 July 2009

Abacus, one of Asia’s leading travel distributors, has enhanced its powerful front, mid and back-office productivity tool, Abacus PowerSuite, by introducing new functions to better shield travel agencies from the growing issue of credit-risk exposure.

With a stronger focus on revenue assurance and cash flow management for corporate travel agencies, the enhanced Abacus PowerSuite integrates with the four major credit card companies to bring faster revenue turnaround of up to 90% for Abacus travel agencies.

In addition, the integration enables travel agencies to develop new corporate client relationships through a centrally-billed ‘virtual account’.

Specially designed for larger agencies, the Abacus PowerSuite solution incorporates innovative technology to simplify many aspects of their business workflow.

Mr Brett Henry, Abacus International, Vice-President Marketing said, “The current more volatile business environment can make the travel agency business more susceptible to credit risks unless the travel agency has the tools in place to identify these risks upfront and make informed and timely decisions on credit terms for specific customers.”

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