Product FACTS
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Financial Accounting Software for Travel Industry

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Li Hawkins

Project management & innovation

About Li Hawkins

Overview

Launch year

2019

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Compatible integrations

0

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Description

FACTS (Financial Accounting Software), built by Yiron Technologies is a unique Financial Accounting Software for Travel Agencies, TMCs, DMCs, OTAs of all sizes.

For small and medium size enterprises it does not require any integrations to start using. Larger enterprises might need the integrations with GDS systems, Airline systems or other third party software systems or partners for automated tickets flow from various discrete systems to the accounting solution. This for ease of use and seamless billing and accounting.

 

Details

Infrastructure detailsStand-alone, Cloud, Multi-Property
Support languagesEN
CategoryFinance and payments
SubcategoryFinancial Accounting
Integrations
IndustryHospitality

Screenshots, videos and other resources

marketingCollateralResource

    Product features

    Customer Management

    Customer Profile and Credit Days Setting
    Dedicated Client Portal for Billing and Trip Tracking
    Individual, Group and Consolidated Invoicing

    Finance and Accounting

    General Ledger and Chart of Accounts
    Highly Customizable Invoicing Process, with multiple print settings.
    Multi-Currency Support
    Payment Approval Workflow
    Payment Follow Up Communication
    PNR Number imports For End-To-End Booking Tracking
    Refund Generation

    Finance Reporting And Analytics

    Agentlytics Set of Reports Focused on Travel Agency Business.
    Analytics Dashboard
    Cross and Upsell Enabling Reports
    Data Integrations for External BI Tools

    Interfaces and Optimization Financial Accounting

    Automated BSP (Billing and Settlement Plan) reconciliation with Discrepancies Tracking
    B2C/B2B Online Travel Agencies Integration Module
    Custom interfaces
    Interfaces with Corporate Booking Tools, Booking and Point of Sale systems
    Manual Upload GDS and Non-Air Products for auto-invoicing
    Real Time import of tickets from GDS (Amadeus & Galileo)

    Multi-Branch

    Common Consolidation and Reporting
    Individual URL for Each Branch
    Inter-branch Rules-Based Auto Invoicing
    Multiple Branch Grouping of Invoices
    Suitable for Travel Agencies with Geographically Spread Branches

    Multi-Currency Handling

    Automated Daily Exchange Rates Upload
    Manual Override of Exchange Rates
    Multi-Currency Support Presenting Currency Differences
    Record of Notional and Realized Forex Gains/Losses
    Retrieve Live Currency Conversion Data (Multiple Branches/Different Countries)

    Supplier Management

    BSP and Non-BSP Supplier Reconciliation
    Individual & Consolidated Supplier Ledger
    Invoice Reconciling
    GDS and Low Cost Suppliers Integration Capability

    Technical & Security Accounting Software

    Support Level

    Office Hours Online Support

    Integrations

    Filter:

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    Technical specifications

    Specifications
    Configurations
    The technology supplier has to do the set up from the back end, and training for the client is part of the pricing.
    Scalability

    Fee structure

    Price Per User
    Pricing:
    Per User Model- Cloud based model based on user count, Customers will get the latest code, releases & updates at no extra cost No in-house servers They can grow as business grows Entire maintenance by Yiron,no additional AMC cost Per Transaction Model-Billing will be per transaction and is proportionate to the amount of business done Volume discount available as number of transactions increases Perpetual Model-One-time license fee, Own server deployment Maintenance as per the AMC Contract Additional Cost for Upgrades No limit on transactions and users

    Buyers

    FAQs

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