Accovia Delivers the Industry's Broadest Suite of Travel Automation and Management Solutions for Travel Packaging.Business Editors MONTREAL--(BUSINESS WIRE)--Aug. 19, 2002 Travel Marketers and Suppliers Increase Profits through Automated au·to·mate v. au·to·mat·ed, au·to·mat·ing, au·to·mates v.tr. 1. To convert to automatic operation: automate a factory. 2. Procurement The fancy word for "purchasing." The procurement department within an organization manages all the major purchases. , Dynamic Packaging, e-Commerce and e-Distribution of Travel Services Accovia(TM) Inc., the global leader in automated travel packaging, today announced the availability of the industry's broadest suite of Travel Automation and Management Solutions. The Accovia technology suite enables traditional travel agents, online travel agencies, tour operators, travel wholesalers, airlines and hotel owners to automatically procure To cause something to happen; to find and obtain something or someone. Procure refers to commencing a proceeding; bringing about a result; persuading, inducing, or causing a person to do a particular act; obtaining possession or control over an item; or making a person , dynamically package and distribute travel services through traditional and Internet travel channels. This technology suite includes the industry's first standalone stand·a·lone adj. Self-contained and usually independently operating: a standalone computer terminal. e-commerce distribution service that provides travel marketers with a complete, cost-effective distribution channel that utilizes a single connection to all GDSs and Internet travel channels. Using the Accovia Travel Automation and Management suite, travel marketers can adopt a merchant model by purchasing services in bulk, and can manage inventory locally and sell it as part of travel packages. Travel marketers, suppliers and distributors are able to significantly increase profit margins through the ability to dynamically create and sell customized travel packages under a single price. Travel suppliers are able to easily sell packaged travel services directly to consumers over the Internet. "Over the past year, travel agent margins have shrunk shrunk v. A past tense and a past participle of shrink. shrunk Verb a past tense and past participle of shrink shrunk, shrunken shrink significantly, online travel agents have become market leaders, and U.S. airlines have struggled to be profitable," said Claude Guay, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Accovia. "It is essential that the model for delivering travel services morph morph 1 n. An allomorph. [From morpheme.] morph 2 n. to meet the current needs of travel service providers. At Accovia, we are committed to empowering travel service providers with the technology to leverage the ever-changing market dynamics and continue to grow their businesses. Our Travel Automation and Management suite brings to market the ability to dynamically package multiple industry transactions into a single price for consumers - critical functionality for travel marketers to increase profitability. We also enable travel marketers and distributors to significantly increase their efficiency through business process automation and economical e-commerce distribution." "The Accovia Travel Automation and Management suite is a highly scalable solution that we rely on to run our business -- from accounting and inventory control to the creation and distribution of packaged travel vacations," said Marlene Robinson, CIO CIO: see American Federation of Labor and Congress of Industrial Organizations. (Chief Information Officer) The executive officer in charge of information processing in an organization. of SunTrips. "We have been able to achieve rapid growth with Accovia's technology by automating business processes that were once manual and costly to our business." Accovia's Travel Automation and Management suite is a fully integrated e-procurement, assembly and distribution management system for procuring Procuring, in general, is the act of acquiring goods or services, usually by contract. It may refer to:
Accovia Travel Automation and Management Suite Components e-Procurement - The e-Procurement module efficiently facilitates B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G. B2B - business to business transactions with suppliers by electronically connecting airlines, hotels and rental car suppliers to travel marketers and distributors. A strategic partnership with ITA software ITA Software, Inc. is a travel industry software company in Cambridge, Massachusetts. The company was founded by computer scientists from the MIT Artificial Intelligence Laboratory in 1996. ITA's first product was an airfare search and pricing system called "QPX". provides best-of-breed scheduled air shopping functionality with no knowledge of CRS CRS Course CRS Certified Residential Specialist (real estate certification) CRS Central Reservation System CRS Can't Remember Stuff (polite form) CRS Cost Reduction Strategy CRS Consumer Relations Specialist required to shop, select, book or modify scheduled air services. All business rules are validated in real-time and pertinent information is immediately displayed to the user via an internal terminal, over the Internet or through a call center. Logitours(R) - A high-performance, scalable travel service management application that automates the building and pricing of customized, dynamic packages; optimizes inventory management; and performs accounting and contract management functions. An interface to credit card processing systems electronically facilitates industry transactions with suppliers. Implementation of Logitours' IPAP IPAP Individual Partnership Action Plan IPAP Institute of Pure and Applied Physics IPAP inspiratory positive airway pressure IPAP International Plein Air Painters IPAP Investment Promotion Action Plan (ASEM) module secures instant package availability processing and caching that optimizes speed, performance and package availability searches. Logitours is a flexible and customizable solution that can be sold in modules or as a complete solution to accommodate varied tour operator, travel wholesaler and travel service retailer business models. Internet Reservation System (Web Booking Engine) - The Internet Reservation System module enables e-commmerce for any web site selling packaged or individual travel services via the Internet with secure, reliable transaction functionality. Seamless integration An addition of a new application, routine or device that works smoothly with the existing system. It implies that the new feature or program can be installed and used without problems. Contrast with "transparent," which implies that there is no discernible change after installation. with all GDSs, Internet travel websites and the Logitours(R) travel management application increases distribution. This system also collects customer profiles, which can be integrated into a marketing database and used for future promotion campaigns. e-Commerce Distribution - The e-Commerce Distribution module is a revolutionary travel e-distribution system that facilitates strategic relationships between travel marketers and distribution channels. This is the industry's only technology solution available that utilizes a single link to all GDS GDS Global Distribution System GDS Google Desktop Search (Google) GDS Goodie Domain Service (Vienna University of Technology, Austria) GDS Guards and Internet connections -- enabling a simple, cost-effective distribution channel. GDS connections include: Worldspan TourSource, Galileo LeisureShopper, Sabre TourGuide, and Amadeus Tours. This industry-leading distribution functionality is enabled through Accovia's Travel Application Protocol (TAP), a protocol that allows the distribution of travel products to any GDS, website or call center. Scheduled Air Automation - The Accovia Scheduled Air Automation module is an end-to-end solution (jargon) end-to-end solution - (E2ES) A term that suggests that the supplier of an application program or system will provide all the hardware and/or software components and resouces to meet the customer's requirement and no other supplier need be involved. Compare: turn-key solution. for automating the entire airfare air·fare n. Fare for travel by aircraft. Noun 1. airfare - the fare charged for traveling by airplane fare, transportation - the sum charged for riding in a public conveyance distribution process from the itinerary search, availability and pricing searches, to the delivery of tickets. This module includes scheduled air e-procurement, Internet reservation functionality and e-commerce distribution of individual or packaged travel services. A strategic partnership with ITA Software provides the only commercially available rapid validation See validate. validation - The stage in the software life-cycle at the end of the development process where software is evaluated to ensure that it complies with the requirements. of available, scheduled air - including published or private fares, filed or not by the carrier - allowing immediate selling of packaged or individual travel services. Integration of the AQUA Software Products Auto Ticketing Module automates ticketing functions, while also increasing the accuracy and timeliness of ticketing. About Accovia Accovia, Inc. (formerly Logibro), is the global leader in automated travel packaging technology solutions. The company offers the industry's most robust travel automation and management product suite which includes automated procurement, dynamic packaging, e-commerce and e-distribution of travel services through all GDS, call center and Internet travel channels. Accovia's technology solutions enable travel marketers and distributors to significantly increase profit margins through the ability to dynamically create and customize travel packages, which are then sold under a single price. The company provides the only complete travel distribution service that cost-effectively connects travel marketers and distributors to all GDSs and Internet travel channels utilizing a single connection. Accovia's technology solutions can be fully customized and privately labeled to accommodate diverse business models. More than 100 travel arrangers in 11 countries use Accovia's technology to send over twenty million people on trips each year. Founded in 1985, the company has offices in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. , Canada and France. For more information about Accovia visit www.accovia.com. Accovia and Logitours are trademarks of Accovia, Inc. Any other marks used in this document are trademarks or registered trademarks of the manufacturers or marketers of the products with which the marks are associated. |
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