Integrated Solution Delivers End-to-End Travel and Expense Management
CHICAGO, Aug 10, 2010 /PRNewswire via COMTEX/ --
Orbitz for Business, the corporate travel brand of Orbitz Worldwide Inc. (NYSE: OWW), today announced it will seamlessly integrate travel reservation data into IBM's Global Expense Reporting Solution (IBM GERS) in order to offer its corporate travel customers more flexibility and choice in how they manage and report travel expenses. The announcement bolsters the Orbitz for Business portfolio of expense management solutions at a time when chief financial officers and corporate travel managers are looking for greater integration, automation and control in how they manage travel expenses.
IBM GERS will give Orbitz for Business customers a standard, scalable expense management option that supports multiple currencies, languages and corporate cards. Key features and functionality include:
- One seamless tool with real-time visibility and analysis for booking and expense data
- Automated credit card expense and travel reservation matching
- Easy-to-use interface that helps accelerate online tool adoption and reduce costs
- Enhanced corporate travel policy control and compliance
- Global coverage supported by country-level travel policies and practices
"Expense management and compliance are top of mind for Orbitz for Business customers as CFOs and travel managers remain focused on reducing costs during a recovering economy," said Frank Petito, president, Orbitz for Business. "By adding IBM GERS to our product portfolio, Orbitz for Business customers can now combine a best-of-breed managed travel solution with a world-class expense reporting tool in order to drive compliance, adoption and cost savings while enabling their employees to travel more efficiently."
Today's announcement follows a recently signed agreement between the two companies whereby Orbitz for Business will continue to provide its corporate booking solution to IBM travelers across the globe.
About Orbitz for Business
Orbitz for Business (http://www.orbitzforbusiness.com) is the corporate travel brand of Orbitz Worldwide (NYSE: OWW). Launched in 2002, Orbitz for Business offers a complete portfolio of travel products and services that help customers plan, search and book business travel. Orbitz for Business leverages the Orbitz Worldwide technology platform, customized for corporate travelers. In addition to its leading technology, Orbitz for Business delivers full service, cost effective travel management solutions including 24x7 customer support; expense reporting and policy management tools; and comprehensive choice in travel inventory.
About Orbitz Worldwide
Orbitz Worldwide is a leading global online travel company that uses innovative technology to enable leisure and business travelers to research, plan and book a broad range of travel products. Orbitz Worldwide owns a portfolio of consumer brands that includes Orbitz (www.orbitz.com), CheapTickets (www.cheaptickets.com), ebookers (www.ebookers.com), HotelClub (www.hotelclub.com), RatesToGo (www.ratestogo.com) and the Away Network (www.away.com). Also within the Orbitz Worldwide family, Orbitz Worldwide Distribution delivers private label travel solutions to a broad range of partners including many of the world's largest airlines, and Orbitz for Business (www.orbitzforbusiness.com) delivers managed corporate travel solutions for corporations. For more information on partnership opportunities with Orbitz Worldwide, visit corp.orbitz.com. Orbitz Worldwide uses its Investor Relations website to make information available to its investors and the public at http://www.orbitz-ir.com. You can sign up to receive email alerts whenever the company posts new information to the website.
SOURCE Orbitz for Business