DALLAS--(BUSINESS WIRE)--Traxo, the travel industry’s most advanced itinerary organizing technology, today announced a partnership with Cornerstone Information Systems, a leading provider of mid-office and travel management technology to the corporate travel community. Cornerstone is integrating Traxo for Business automation that enables the capture and organization of travel data from multiple sources, supporting several Cornerstone products offered to travel management companies (TMCs) that serve many of America’s largest corporate travel programs.
The partnership is a milestone for Traxo for Business, illustrating Traxo’s growing presence as a business-to-business data solutions provider for the travel industry. Launched in 2013, Traxo for Business has expanded its focus to the corporate travel sector, leveraging its success with consumer travel tools and building advanced data capture technology to meet the needs of TMCs and mid-office technology providers. The bulk of Traxo’s technology investments are now directed at automation initiatives that ultimately benefit both business travelers and corporate travel managers.
Traxo for Business will showcase its broad range of applicable SaaS-based, B2B solutions to more than seven thousand influencers at the annual Global Business Travel Association (GBTA) conference in Orlando on July 26-29 at booth number 1920.
“Traxo’s ability to aggregate itinerary data from virtually any industry supplier - and seamlessly organize that data – is a crucial component of our enhanced offering to TMCs,” said Mat Orrego, president and CEO of Cornerstone. “In particular, as more managed travel programs strive to manage out-of-program bookings, Traxo’s flexibility in capturing those bookings and facilitating traditional PNR processing and policy management stands out.”
Cornerstone is introducing TravelOptix, a new service for its target audiences later this month at GBTA. TravelOptix offers an array of analytical services for TMCs and their clients, ranging from policy management to itinerary building and sharing. Traxo for Business automation will help support several of TravelOptix’ key functions. Cornerstone will feature TravelOptix, as well its more established iBank and iQCX products, at booth number 827 at GBTA in Orlando.
“We’ve refined our technologies to meet the needs of the modern corporate travel ecosystem,” said Cara Whitehill, senior vice president and GM, Traxo for Business. “It’s clear that TMCs, mid-office providers, and expense management companies are seeking technology alternatives when it comes to capturing and managing disparate data in an elegant manner. Working hand-in-hand with Cornerstone, we’re answering that call and giving multiple industry providers a compelling, cost-effective option.”
ABOUT TRAXO FOR BUSINESS:
Traxo for Business provides itinerary data aggregation solutions for corporations, TMCs, online booking tools, and other service providers to capture off-platform bookings, enhance policy compliance, and comprehensively track travel spend regardless of channel. With API-based and hosted white label solutions, along with private branded email parsing and data normalization solutions, Traxo for Business provides its clients with the most robust suite of data aggregation services on the market. For more information, visit http://www.traxo.com/business.
ABOUT CORNERSTONE INFORMATION SYSTEMS:
Cornerstone Information Systems delivers innovative solutions for travel companies and their clients to maximize opportunities for higher performance, greater efficiency, and ultimately, higher profitability. Our unique core offerings provide clients and their respective travelers with data insights that enable them to make better business decisions and manage their trips more effectively to be more productive and cost conscious. Companies managing more than $25 billion in travel spend annually trust Cornerstone to help them proactively lower the costs of travel management and drive revenues through travel optimization. Founded in 1992, Cornerstone Information Systems is a privately held company headquartered in Bloomington, Indiana with customers in more than 50 countries. For more information, visit www.ciswired.com.