Travel Industry Reconciliations

As the travel industry continues its rapid expansion, Online Travel Agents (OTAs) and airlines require scalable technology to process high-volume, multi-party transactions seamlessly. Managing complex settlement ecosystems across multiple vendors demands enterprise-grade accuracy.

Our Vendor Reconciliation Module delivers a unified management solution designed to handle complex invoice and transaction matching across all counterparties. Generate detailed periodic reconciliation reports at both granular sub-transaction levels and consolidated executive views—ensuring total operational oversight and speed.

• BSP Reconciliation: Automated matching for Billing and Settlement Plan data to streamline airline sales settlement.

• GDS Reconciliation: Seamless synchronization across Global Distribution Systems to ensure transaction accuracy.

• LCC Reconciliation: Continuous automated matching for Low-Cost Carrier bookings and payment streams.

• Bus & Surface Mobility Reconciliation: Unified transaction tracking across regional and intercity bus booking networks.

• Rail & IRCTC Reconciliation: Precision matching for railway booking streams, cancellations, and refund settlements.

• Corporate Cards & B2B Payment Reconciliation: Real-time reconciliation for corporate travel cards, virtual cards, and institutional billing.

Travel Agents (TAs) and Member Airlines (Carriers) manage extensive counterparty networks and high-volume Global Distribution System (GDS) transactions. RECONCILIARE simplifies this complexity by delivering automated, end-to-end matching for all Billing Settlement Plan data.

Our complete Reconciliation Engine seamlessly handles IATA BSP transactions—including both UATP and Non-UATP payment streams—while providing full automated validation for agency commissions and payout assurances.