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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