Oversee Optimizes Airline Sourcing with Launch of AI-driven Air Contract Auditing and Airfare Benchmarking
15 July 2024 - 2:00PM
UK Regulatory
Oversee Optimizes Airline Sourcing with Launch of AI-driven Air
Contract Auditing and Airfare Benchmarking
Oversee looks to help customers strengthen airline
negotiations and provide full visibility on whether airlines are
delivering the savings that were promised to corporate
customers.
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
PRESS CONTACT
Lauren Dobie
Marketing Manager
lauren@oversee.biz