With this operation, Voxel boosts its B2B payments business. The new baVel Pay platform will be able to orchestrate a fully digital end-to-end payments process without any manual intervention and free of friction.
Retrieval of the booking from a GDS or Channel Manager
Choice and generation of the of the optimal payment method for that booking
Taking out exchange rate insurance to mitigate exposure to exchange rate fluctuations
Distribution of payment to the hotel
Obtaining and reconciling the electronic invoice
Reconciliation report to payer and payee
Robotic Process Automation
Connection with GDS and Channel Managers
Open Payment Alliance standards
Stay up to date with the latest news on B2B payments and process automation in the invoicing, payment and procurement cycles.
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