B2B payments may finally see widescale innovation according to some market participants, with both Visa and Mastercard bolstering their business payments services this month. “We’ve
The partnership will provide Procon and Conferma Pay Travel Management Company (TMC) clients with a fully automated bill back solution to streamline invoicing processes with virtual card payment that will reduce manual intervention and provide significant productivity gains in the administrative processes.
The integration will enable Procon clients, within the EMEA and APAC regions, to benefit from Conferma Pay’s payment platforms, bringing about tighter controls and overall efficiencies. The partnership is also a result of Procon’s investment in the UK market where Conferma Pay provide solutions to over 500 TMCs.
Jesper Just, Managing Director of Procon Solution comments about the recent partnership: “This partnership with Conferma Pay is another step forward in our commitment to provide our clients with the most advanced and cost-effective travel technology. We are responding to the need to optimize cash flow and the requirement to automate the administrative processes for the new payment options. Our automated bill back solution will help travel agencies to eliminate manual processing and human error, and achieve higher levels of efficiency and competitiveness, and this way facilitating the adoption of new payment options and improving cash flow”.
Director Of Strategic Relationships at Conferma Pay, Paul Raymond added: “As a business, we understand the importance of tight controls and cost efficiencies in order to propel growth for Travel Management Companies. We want to support international travel businesses by enabling them to cut costs through slicker administrative processes, without having to scale back.
“Partnering with Procon Solution will enable clients to eliminate outdated and inefficient payment process, as well as creating scope for wider expansion and service excellence. This integration will enhance productivity and provide greater visibility for TMCs, whilst enabling them to strengthen their client relationships. We are delighted to be working in partnership with Procon Solution and believe this will aid great success for both our clients.
Procon Solution and Conferma Pay have worked in partnership to action this integration, which is available to clients now.
About Procon Solution
Celebrating its 40-years anniversary in 2019 Procon Solution have built up a strong market position as a global provider of travel technology to travel agencies worldwide. More than 6,000 daily users across 250 agency locations in 25 countries manages more than 25 million travel transactions on a yearly basis within the advanced mid and back office system from Procon.
Procon employ a strong team of specialists, not just in the technical area but also within business processing and management in the travel industry.
Procon’s many years of dedicated work to improve the efficiency and competitiveness of their award-winning TMC customers provide a solid foundation for building a close and long-term relationship with all their clients. This is how Procon help travel businesses grow.
About Conferma Pay
Conferma Pay is a global financial technology company. We design and integrate virtual payment systems that provides a more efficient, seamless and secure way to pay for for businesses.
Travel Meets Payment
Conferma Pay was born in Manchester in 2005. Since then we have connected over 700 TMCs, and directly integrate with all the major GDSs and OBTs. Our roots lie in corporate travel payment integration.
We enable our payment providers to flow virtual cards into the preferred purchasing process of any business travel buyer. Crucial to this is our network of banking partners, who have issued virtual cards in over 200 countries, in 40 currencies with over 45 commercial banking partners via all major card networks.
Our ecosystem continues to expand to meet the growing requirements of our global customer base.