{"id":5632,"date":"2021-11-17T13:46:33","date_gmt":"2021-11-17T10:46:33","guid":{"rendered":"https:\/\/turizmpress.com\/en\/?p=5632"},"modified":"2021-11-17T13:46:36","modified_gmt":"2021-11-17T10:46:36","slug":"hrs-partners-with-citi-to-help-companies-automate-lodging-payments","status":"publish","type":"post","link":"https:\/\/turizmpress.com\/en\/regions\/europe\/hrs-partners-with-citi-to-help-companies-automate-lodging-payments\/","title":{"rendered":"HRS Partners with Citi to Help Companies Automate Lodging Payments"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">HRS, the leading global corporate lodging platform, has announced the signing of a global partnership with Citi to serve corporate lodging programs. Building on award-winning success, the companies will now collaborate on offering lodging and associated payment services to the travel programs of Fortune 500 companies.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><br>As managed travel programs re-launch, an increasing number of companies are turning to centralized and virtual payment technologies to drive more accurate, streamlined and secure processes for travelers. The other relevant benefit: these payment options also eliminate the need for travelers to interact with the front desk at hotels for payment-related functions, minimizing these typically close engagements. By offering significant advancements in fully-automated invoice collection and reconciliation, the partnership stands to help corporations maximize use of preferred suppliers while easing the burdens of legacy expense reporting on travelers and corporate accounting offices.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Technical highlights of the partnership include:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Citi providing its Virtual Card Account offering in 46 markets, including Brazil, China, India and Russia;<\/li><li>HRS fully embeds those into B2B travel booking processes to provide Virtual Credit Cards to any accommodation provider worldwide for payment;<\/li><li>HRS uses its AI-powered invoice engine to collect, audit, correct and provide hotel invoices to corporate clients, enhancing data transparency and making detailed metrics available to joint customers, and<\/li><li>Citi providing its billing and data capabilities to allow seamless integration into existing accounting processes.<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">The two companies are well-positioned to seize upon this trend and help companies gain from refined payment technologies. Citi Commercial Cards are used by clients in 100+ countries, offered in 66 currencies and supports over 25,000 global commercial cards programs and 6 million cardholders on a daily basis. HRS\u2019 Lodging as a Service platform is used by more than one-third of Fortune 500 companies, automating the entire procure-to-payment process on a global scale. Citi and HRS already work together to serve mutual clients in APAC, the Americas and EMEA.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cHRS has demonstrated passion for excellence in client experience, deep expertise of the travel ecosystem and a culture of innovation to challenge the status-quo during our initial engagements over the past 12 months,\u201d said Trudy Curtis, EMEA Head of Commercial Cards at Citi. \u201cComing out of the pandemic, global corporations are keen to upscale their employees\u2019 travel experience while actively looking at technology to do-away with legacy inefficient back-end processes. HRS\u2019 expertise in providing next-gen traveler services &#8211; coupled with Citi\u2019s state-of-the art payments infrastructure &#8211; are geared to help our clients achieve that ambition while delivering tangible savings in the process.\u2019\u2019<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">\u201cThe possibilities for automated payment are immense in today\u2019s unique environment,\u201d said Tobias Ragge, CEO of HRS. \u201cPayment efficiencies drive an easier, more seamless experience for everyday business travelers, while also advancing lodging program priorities that are vital to the C-suite. We are proud to collaborate with a global champion like Citi that shares our belief in the power of platform-based payment automation to advance travel management.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>HRS, the leading global corporate lodging platform, has announced the signing of a global partnership with Citi to serve corporate lodging programs. Building on award-winning success, the companies will now collaborate on offering lodging and associated payment services to the travel programs of Fortune 500 companies. As managed travel programs re-launch, an increasing number of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":5637,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_FSMCFIC_featured_image_caption":"","_FSMCFIC_featured_image_nocaption":"","_FSMCFIC_featured_image_hide":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"HRS Partners with Citi to Help Companies Automate Lodging Payments #HRS #CitiGroup #travelnews 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