Addition Enhances the Most Advanced Procure2Reimburse Global Lodging Platform
Cologne, 14 April 2021 – HRS, the leading corporate lodging platform, is transforming the financial cycle governing corporate hospitality. In an age of digital transformation and comprehensive data visibility, managed travel has largely lagged behind. With the goal of helping companies fully capture and control lodging costs from all segments – including transient, meetings and groups, and extended stay – HRS has built a unique ecosystem that enables global payment, invisible and audited invoice management, and automated VAT reclaim for global programs. HRS’ acquisition of Itelya, the world’s leading travel invoice management services provider, emphasizes HRS’ standing as the most traveler-centric lodging leader and a true financial technology provider. Itelya’s services are used today in more than 180 countries. Itelya’s superior invoice collection and data management capabilities simplify an array of downstream functions, including payment to suppliers and VAT reclaim for corporations.