Conferma Teams Up with Inlogik to Streamline Hotel Reconciliation with Virtual Cards
Conferma Pay and expense management provider Inlogik have partnered to automate hotel expense reconciliation for virtual card payments, the companies announced.
With Conferma’s virtual card solution integrated into Sydney-based Inlogik’s ExpenseMe/ProMaster Expense Management System, businesses using the expense system can have hotel invoices tracked and readied for tax and auditing purposes, according to Conferma. Virtual cards, using Conferma’s Snap Plus solution, identify invoice data, including ancillaries, and Inlogik automatically creates and codes expense entries. The service also extracts goods and services taxes, enabling companies to claim them.
“The granular level of data this solution provides means businesses can have greater visibility over the detail of their travel expenses” Inlogik CEO Richard Eskell said in a statement. “This critical insight, as corporate travel continues to grow, is key to giving businesses insights and understanding of their operations at every level.”
Michael B. Baker www.businesstravelnews.com