PanAm Enhances Payment and Data Availability

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"Leveraging our existing data capabilities and payment processing efficiencies, our decision to enhance payment processing, whereby eliminating antiquated methods advances the availability of data, data quality and travel data reporting," Cass Clements

Denver, Colorado (PRWEB) April 15, 2014

PanAm, Inc., the demonstrated leader in Higher Education and Government travel management, announced this week of its enhanced invoicing and payment transparency and accountability systems specifically tailored to ensure transparency and accountability with public funds expenditure.

Coupled with real-time travel analytics via PANAMAC®, PanAm’s proprietary reporting and accounting suite, Government and Higher Education contract stakeholders can have unprecedented access to travel data, metrics and on demand reports via the web and cloud-based apps. PANAMAC® provides both centralized and de-centralized travel program managers with the ability to drill-down into each transaction and audit service level agreements (SLAs) for phone and email handling, track out-of-policy bookings and even review traveler / agent communication. Travel managers are oftentimes left in the dark with no ability to span the chasm of Global Distribution Systems (GDS) and traveler communications and customer service. PANAMAC® is comprised of various integrated systems that deliver true real-time data quality by bringing traditionally siloed systems together for everyday users including GDS, Customer Relationship Management (CRM), Back Office and Reporting.

Of particular note, PANAMAC® recently alerted several statewide contract holders and higher education procurement officials of excessive payment delinquencies with regards to contractual invoicing performance. PanAm’s systems were able to provide macro and micro level scrutiny to ensure parameters on both sides are consistent with contract terms. This type of contract health assessment is of particular importance for decentralized or deregulated travel programs so that procurement officials that are not part of daily travel management are kept abreast of trends in a timely manner. PanAm staff were able to offer enhanced invoicing and payment solutions to various Government and Higher Education partners to ensure transparency and accountability while minimizing the impact to the travelers and overall contract.

PANAMAC® also provides unparalleled benchmarking data specifically tailored for Higher Education and Government travel spends. Compared to other third party subscription-based benchmarking products, PANAMAC® data is comprise entirely of travel spend metrics in these industry verticals… without any additional cost to PanAm clients.

PanAm, a veteran-owned and independent travel management firm based in Colorado, has offices and staff nationwide most notably in Seattle, Washington, Dallas, Texas, Boston, Massachusetts, Raleigh/Durham, North Carolina and Louisville, Kentucky. Together with its Higher Education partner, E&I, PanAm offers its services and contracted fares to more than 3,000 member schools across the country.

To learn more about PanAm – we invite you to visit us at http://www.panam.travel or follow us on Twitter @panamtravel.

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