FareOpt is an online application that regularly analyses the prices of all your PNRs, and edit them when better pricing is available, allowing you to increase your margins quickly.
FareOpt works in just a few steps:
- Automatic analysis of your PNRs and search for better rates.
- Automatic approval/rejection of changes based on rules set by your team.
FareOpt: great savings opportunities!
Very often, better pricing is available between the time the travel agent creates the PNR and the date the tickets are issued, and therefore invoiced to your agency. Unfortunately, your agents do not have enough time to monitor the pricing available for the bookings created. This is where we come in!
The FareOpt application searches for the most recent pricing information in the GDS. FareOpt analyzes pricing at regular and configurable intervals. When a potential saving is detected, it’s automatically modified, allowing you to make more margin and save time. You can, if you prefer, handle the changes manually and receive emails each time there is a new potential saving. However, we noticed +20% savings for our clients who use the automatic process.
How much does it cost?
FareOpt’s cost is based on a success fee. It’s a win win solution : when you save money thanks to the optimisation, we charge you a % of this saving.
How long does it take to setup?
FareOpt can be up and running within 24 hours. We might need some fine-tuning to ensure that the different tariff levels are taken into account.
Would you like to know more about it?
Contact us : from the very first days, FareOpt will help you make considerable savings and increase the productivity of your travel agents!
Do you have technical constraints? Please let us know so that we can propose suitable solutions.
They are already using FareOpt :