In 2014, nearly one-half million debit memos
worth USD138 million were issued.
These include 10 airlines that issue the majority of debit memos
, travel agencies ranging from sole proprietorships to mega-size, IATA, GDSs, ATPCO, and ASTA.
Agency Debit Memos
(ADMs) are just one side of it which comes from the airline but we also have to bear the cost when it comes to mishandlings; visa issues; problems at the airport, and short collections which are very, very common - if you quote the wrong fare you cannot go back - the minute you have something quoted or given it to them in black and white you cannot ask them again.
G2 offers a unique solution which provides agencies access to powerful search technology, an easy-to-use interface, and access to all fares with protection against debit memos
and distribution access fees.
They also expect productivity gains from its powerful invoice-matching capability and automatic processing of debit memos
based ARC accredited travel agencies -- No charge or long-term contracts required -- Ability to integrate with mid-office workflow processes and selected back-office systems including full ARC settlement -- Eliminates agency debit memos
and administrative burden for auto-priced transactions -- Easy user-friendly interface tailored to agent needs -- Simple 2-click process to apply unused ticket credits to new transactions -- Innovative technology that automates non-productive work flows such as cancellations, voids, refunds, exchanges and schedule changes, decreasing agent transaction time while improving accuracy
The development also minimizes travel agency debit memos
, gives agents access to the most current negotiated fares, and provides integration with all Sabre Travel Network productivity tools, such as Bargain Finder Plus and Flight Finder.
Transactions posted to the master account are tracked back to the applicable sub-account, which lets companies track deposit correction, return items, debit memos
and change orders back to each location.
Upon use of these fares by Galileo customers, the fares are fully validated for all rule provisions ensuring proper fare pricing and further reducing debit memos
While some competitors claim they lead in fares and pricing with the implementation of one type of automated rule, Worldspan has had a complete Automated Rules package for over seven years, resulting in the fewest debit memos
in the industry, Parks added.
Default commission tables, compliance-related debit memos and audit-related discrepancies will no longer be needed.
Sabre Compensation Manager eliminates the thousands of compensation audits and debit memos sent each year by airlines when commissions are at issue," said Eric Speck, group president of Travel Marketing and Distribution for Sabre.