Travel tech firm Procon Solution has announced its new partnership with virtual payment specialists Conferma Pay this week.

The partnership will provide Procon — who provide a range of back and mid office tech to the travel industry — and Conferma Pay travel management company (TMC) clients with fully automated virtual payment tools to maximise efficiency of the invoicing process by removing “manual intervention” which the companies assert will “provide significant productivity gains in the administrative processes”.

“New payment options and improving cash flow”

Jesper Just, managing director of Procon Solution, said: “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 optimise 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”.

“Enhance productivity and provide greater visibility for TMCs”

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 TMCs. We want to support international travel businesses by enabling them to cut costs through more efficient administrative processes.

“Partnering with Procon will enable clients to eliminate inefficient payment processes, 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 and believe this will aid great success for both our clients.”

The integration will enable Procon clients, within the EMEA and APAC regions, to benefit from Conferma Pay’s payment platform, 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.