Abacus Offers Net Trans Hotel Commission Service
Abacus International, the Asian GDS, formed a partnership with Net Trans Services to offer travel agencies a complete solution for the collection, recovery and reconciliation of hotel commissions.
Abacus said agents who sign up for the service through Abacus could increase hotel commission revenue by 30% to 50% within a year. In addition, the outsourcing of tracking and collecting commissions can free up vital agency resources, Abacus said.
It said agencies also can expect faster payment cycles. In some cases, payment time is cut in half, according to Net Trans.
Net Trans, based in Tonsberg, Norway, will provide a consolidated monthly payment in a currency of the agency’s choice (there are eight options).
Travel agents will also receive an updated and accurate record of the overall revenue generated from individual hotels and the commissions anticipated, paid and overdue.
The records will enable agencies to identify which hotels pay the highest commissions and which hotels are slower in processing their payments.
This report can be accessed online at the travel agencies’ convenience.
