Travel technology provider Dolphin Dynamics has become the first back-office system to provide an extended export which includes additional optional data that Travel Ledger, the new B2B electronic invoice and remittance system, uniquely supports.
This enhancement helps Dolphin’s tour operator customers reduce accounting queries by providing precise enhanced billing information to their buyers, without requiring any changes to their processes. The seamless operation means buyers can validate and process supplier invoices more efficiently.
Travel Ledger, which is connected to UK and European payment rails for easy, secure and cost-effective settlement between travel buyers and sellers, brings automation and standardisation to the complex B2B processes of invoicing, remittance and funds transfer. Their extended seller file format, now supported by Dolphin, allows users the option to include richer booking data in the export; streamlining billing so businesses can further reduce transaction costs and speed up payments.
Chris Walsh, Financial Controller at JTA Travel – who will be one of the early adopters of the new format – explained, “The ability for Dolphin to include extra data in in the files we upload to Travel Ledger is really exciting. We currently spend a lot of time each billing cycle generating extra data files to accompany our statements, particularly for our key suppliers. So enabling our agents to view this additional detail on Travel Ledger instead is great news. It will save us time as well as providing all the information our agents need in one place “
Travel Ledger’s tech-partner liaison, Simon Wakeford commented, “We are incredibly pleased that Dolphin is now supporting Travel Ledger’s extended Seller data file format. Explicitly designed for Sellers to provide rich booking and financial data to their Buyers to aid reconciliation and reduce rejections, its use will benefit Dolphin’s tour operator and travel agency users alike. As we roll out additional data exchange formats, we look forward to working closely with Dolphin and all our technology partners to provide innovative settlement solutions to our mutual customers”.
Chuck Richardson, MD at Dolphin Dynamics, responded, ‘We are delighted to be the first tech company to harness Travel Ledger’s latest innovation. This enhancement to the Dolphin tour operator platform reflects our commitment to helping our customers optimise operations, adapt to industry changes and keep ahead of their competitors.”