Friday, August 30, 2024 Sabre Corporation, a premier provider of software and technology solutions for the global travel sector, has entered into a comprehensive, long-term partnership with Furlong-Fox, Argentina’s top corporate travel management company. This collaboration introduces Sabre Direct Pay, an innovative virtual payment system designed to revolutionize Furlong-Fox’s financial transactions. This new initiative will transform Furlong-Fox’s approach to payments, streamlining the process with automated solutions that enhance efficiency and increase profitability through Sabre Direct Pay.
The system aims to diminish fraud risks, enhance currency conversion processes, and eliminate manual operations related to expense management and financial reconciliation. “We are excited to expand our partnership with Sabre to enhance our B2B payments with Sabre Direct Pay. Its robust single platform allows us to track our spending and automatically reconcile payments from multiple sources to generate automated reports when using virtual cards.
All our data is now fully integrated into our existing workflow,” said Gonzalo Martinez Angello , Chief Operating Officer at Furlong-Fox. “This automation will allow us to improve efficiencies and streamline processes, with the added bonus of turning our payments into a new revenue stream through rebates.” Sabre Direct Pay stands out as a versatile, integrated platform that supports agencies in selecting optimal banking and financing combinations to best serve their operational needs.
It offers broad access to over 70 financial institutions across more than 90 countries via a direct API or Sabre’s own interfaces, allowing for the issuance of virtual cards in over 50 currencies. This marks a significant milestone for Sabre as it pioneers such payment solutions in Argentina, in partnership with Banco Comafi. “Furlong-Fox is a longtime partner, and we are excited to now provide them with the operational efficiency and security that Sabre Direct Pay offers.
The automated reconciliation and data reporting will help streamline their B2B payment process, as well as optimize their travel payments,” said Patricio Boccardo, Head of Sabre Direct Pay. “With our technology and team of experts we bring the agencies and the bank together, allowing them to turn their payments into a new source of revenue when using a virtual card to make a payment,” added Boccardo . Designed to cater to a variety of travel agencies including leisure sectors, online travel agents, and travel management companies, Sabre Direct Pay focuses on minimizing costs and maximizing payment efficiency, turning what was once an operational expense into a potential profit stream.
Based in Buenos Aires, Furlong-Fox was established from the merger of Furlong World Travel Service and Fox Tour in 2002, creating the largest corporate travel agency in the country. In 2019, it expanded its global presence by joining the FCM travel network, now representing FCM in Argentina for multinational account management..
