15.07.2024 15:00:07 - dpa-AFX: GNW-Adhoc: Oversee Optimizes Airline Sourcing with Launch of AI-driven Air Contract Auditing and Airfare Benchmarking
NEW YORK, July 15, 2024 (GLOBE NEWSWIRE) -- Oversee (formerly FairFly), the
leader in Travel Spend Optimization, launches airline sourcing optimization
solutions that enable customers to improve supplier strategies and maximize
contract savings by leveraging Oversee's vast global customer footprint and
expertise in AI-powered automation.
Airfare Benchmarking - Improve airline sourcing outcomes
Oversee's Smart Airfare Benchmarking solution helps optimize supplier strategy
and strengthen travel programs' negotiating power using like-for-like
comparisons of their contract performance against peers.
As the global leader in Air Price Assurance, Oversee leverages data from
billions of PNRs and fares from booking until departure to create the first
Airfare Benchmarking solution that considers each program's advance purchase
behavior to drive relevant comparisons, down to the carrier, route, and class of
service level.
"Our Travel Spend Optimization platform allows travel programs to level the
playing field in airline sourcing and make informed, data-driven decisions,"
said Aviel Siman-Tov, CEO/Founder of Oversee." Customers have asked for
impactful insights to improve airline negotiation outcomes. Oversee's global
customer base and experience in airfare collection and analysis empowers
customers to maximize ROI on their sourcing efforts and optimize their budgets."
Air Contract Auditing - Automated always-on Airline Contract Enforcement
Oversee's Air Contract Auditing automates contract enforcement to verify that
discounts are correctly applied to bookings, ensuring that they match the
contracted discount.
This unique solution is the first to use AI-powered automation to digitize and
interpret air contracts while instantly auditing discounts on every segment fare
basis with maximum accuracy. Dashboards and detailed reports enable travel
professionals to work with airline partners toward resolving costly mistakes in
fare discounts.
"Air Contract Auditing brings contract enforcement into a new era - occasional
and partial contract audits are no longer necessary," Siman-Tov added. "We are
the first to fully automate contract enforcement by instantly troubleshooting
mistakes in how discounts are applied."
Oversee will showcase these innovations at GBTA Convention 2024, taking place in
Atlanta from July 22-24, 2024. Attendees are invited to visit Oversee's booth to
discuss how these solutions can transform their travel programs.
About Oversee
Customers have relied on Oversee's (formerly FairFly) solutions to optimize
travel spend, drive operational efficiency and automate processes resulting in
greater returns on their travel investment.
Oversee partners with 75% of the largest Travel Management Companies and
supports over 3,500 of the world's leading brands.
For more information visit www.oversee.biz (http://www.oversee.biz)
PRESS CONTACT
Lauren Dobie
Marketing Manager
lauren@oversee.biz
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