Most Sophisticated Sales Contract Tool
Maximize Yield and Minimize User Error by Automatically
Enforcing Distribution Business Rules
Montreal, Canada – September 27, 2004 - Accovia Inc., the global leader in travel packaging technology, today announces the availability of its Sales Contract Tool. With the Sales Contract Tool, travel wholesalers and tour operators can now streamline distribution agreements, facilitate distribution control and maximize yield, even on high volume inventory. The Sales Contract Tool is designed to provide better forecasts by product, client and market, as well as automate and enforce payment policies such as minimum deposits, cancellation and change fees.
"With the Sales Contract Tool, Accovia's customers can manage high volumes of travel inventory with minimal user error across a broad amount of retail partners and channels," said Claude Guay, president and chief executive officer of Accovia. "Travel wholesalers can now assign simple and complex travel products to specific clients, client grouping, or market segments as well as automatically enforce the selling and payment rules related to individual and packaged travel offerings."
The Accovia Sales Contract Tool can assign contracts to independent agencies, agencies within chains, or chains. Currently, 2 basic types of contracts are offered:
Generic partnership contract between 2 or more parties (Includes 3 conditions)
For each product or package assembly, the client has the ability to specify rules for the offer as well as the functions available to the end-user to completely automate the distribution process which minimizes user error.
Automating all of the components of a packaging solution is critical today as travel service providers realize the financial and commercial benefits of offering custom packaged travel services to consumers. Accovia's packaging technology and solutions allow travel service providers to optimize revenue and margins through a selling and distribution platform for multi-component travel services with a control center for booking and pricing behavior and a sales contract tool to streamline distribution agreements. Accovia's solutions automate the generation of mark-ups and discounts, simplify complex commission and rebate schemes, and maximize selling and distribution while minimizing cost and user error.
Accovia, Inc. is the leading provider of travel packaging technology for the travel industry. The company offers the industry's only Travel Package Management product suite for procuring, packaging, selling and distributing multi-component travel services through GDS, call center, Internet and direct channels. Accovia's technology solutions enable travel wholesalers and retailers to significantly increase profit margins through the ability to dynamically create and customize travel packages, which are then sold under a single price. The company provides the only complete travel distribution service that cost-effectively connects travel marketers and distributors to GDSs and Internet travel channels using a single connection. Accovia's technology solutions can be fully customized and privately labeled to accommodate diverse business models. More than 40 travel companies in 8 countries use Accovia's technology to send over 25 million people on trips each year. Founded in 1985, the company has offices in the United States, Canada and France. For more information about Accovia visit www.accovia.com.
Accovia is a trademark of Accovia, Inc. Any other marks used in this document are trademarks or registered trademarks of the manufacturers or marketers of the products with which the marks are associated.
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