SABRE VIRTUAL PAYMENTS
Karen FrayerSabre Virtual Payments Manager
LET’S TALK ABOUT PAYMENT
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Employee Costs
Travel & Expense
T&E is typically the second largest controllable cost for
corporations…
Unclear if employees are complying with travel policy
…which makes their jobs more difficult and time consuming
than it needs to be
Unable to provide timely, accurate reports
Inconsistent and expensive reconciliation processes
Risk of internal and external fraud
…but traditional centrally billed solutions leave managers with
little visibility and data…
SABRE VIRTUAL PAYMENTS
Book travel with agency or through online booking tool
Select virtual card: Amount Date validity Merchant
category
• Virtual card automatically created with:
Card number Expiration date CCV
Transmit confirmation to the supplier
Payment made to supplier at time of purchase
Match automatically booked data to billed data in the reconciliation tool
SABRE VIRTUAL PAYMENTS
More Control
Drive travel policy compliance by ensuring that only approved expenses are allowed
Automatic Reconciliation
Cut administration costs through automated booking to payment matching
Reduced Risk
Reduce fraud exposure with simple recognition of policy exceptions
Improve security by eliminating plastic cards and issuing virtual cards with credit limits, merchant category controls and validity date restrictions
Enhanced Data
Smarter reporting improving the ability to negotiate with preferred suppliers based on increased adoption, better quality data and visibility of total spend
Increased Flexibility
More choice by supporting all major card networks and many major banks, offering both a credit and pre-funded model
Sabre Virtual Payments provides access to innovative payment technology that reduces the cost associated with reconciling travel and payment data, limits fraud exposure and increases travel policy compliance
VIRTUAL PAYMENT USE CASES• Employee Travel
• Business travel form of payment
• Employee meetings or training
• Infrequent travelers
• Unmanaged travel segments
• Non-Employee Travel• Contractor travel
• Recruitment
• Client meetings
• Supplier Payments• Remit net value to supplier
BANKING PARTNERS
Value to your travel process• Payment Integrated at the Point of Sale• PCI Compliant Solution• Value Added Service• Process Improvement
Value to your business partners• Secure Process and Delivery of Payment• Leverage Existing Banking Relationships• Reconciliation Data Accuracy• Removal of Financial Exposure• Offer Multiple Funding Methods
SABRE VIRTUAL PAYMENTS
INTEGRATIONPoint of Sale Integration
• Streamline processing by generating virtual cards directly in your workflow
• No need to visit external websites
• Eliminating the need for manual work managing credit card authorizations
AUTOMATED RECONCILIATIONAutomated Booking to Payment Matching
• Better quality data
• Visibility of total spend
• Automatically matches travel data to billed data
• Data updates occur daily
• Sends automatic request for folio data
• Identifies exceptions to policy
TRANSACTION AND REPORTING DETAIL
Transaction Details Reporting
• Includes supplier, date and card information• Transaction search capability
• Incorporates custom data fields• Exports to CSV or Excel file • Ability to upload to accounting systems
PAYMENT GOES MOBILE WITH TRIPPAYTM
• Streamlines payment process with automatic delivery of the card number to the traveler’s mobile device
• Enhances travelers’ experience with easy hotel payment confirmation re-send functionality
• Increases security with access to virtual card from day prior to hotel check-in until day after check out
• Saves time by allowing traveler to submit a photo of the hotel invoice to the reconciliation tool
HOTEL & AIR DEMONSTRATIONSHotel Booking and PaymentAdd Virtual Card to a BookingAdd Virtual Card to Existing Booking
Air TicketingTicketing and Reconciliation Process
DEMONSTRATIONS
ReconciliationAutomated Matching of Booked and Billed Data
TripPayTM
TripPayTM Process
Pre-Funded SolutionPre-Funded Process
GetThere Integration for HotelsGetThere Integration for Hotels Process
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