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> What's New With Folio Exchange?

Folio Exchange announced the addition of a new "FEDocs" Feature in January 2009. This feature allows you to attach key documents such as promotions, adjustment information, or booking changes during the dispute resolution and remittance processes.

Now you can securely include pertinent information without having to leave the Folio Exchange hub - just another way we are streamlining communication between Hospitality partners and making your departments run smoothly.

News Feed

2010/09/03 - Hotel Industry Leading Indicator flattens
2010/09/03 - HMC adds Lafayette, LA. Crowne Plaza to growing portfolio of managed properties
2010/09/03 - bookatonce by protel: Expanding horizons
2010/09/03 - Technologies and Gadgets | The World of Travel Planning and Buying Continues to Evolve | By Ritesh Gupta
2010/09/03 - UK hotel managers confident despite public sector cutbacks | TRI Hospitality Reports

2010/09/03 - Hilton Pulls Flag From Pittsburgh Property
2010/09/03 - Dolce Stays Ahead of the Curve
2010/09/02 - Bed Bug Mentions Jump on TripAdvisor Forums
2010/09/02 - Oceanfront Property at an 89-Percent Discount
2010/09/02 - Margolius, DC-Area Hotel Developer, Dies

Proven Results

As industry leaders we know our clients want results.

Check out the results below to see how Folio Exchange has processed over a billion dollars in transactions for some of the world's best hotels and travel wholesalers, delivering hundreds of thousands of dollars in cost savings and efficiencies:

Handled over $1 billion in invoices, and counting.
Processed over one million invoices and more every day.
Slashed mean time to process a folio from over 5 minutes to a minute and a half.
Delivered a 300% increase in efficiency.
Saved over $10 per invoice processed – up to an 80% reduction in cost!
Reduced labor to process folios by 70%.
Saved an average of over 55 labor hours per thousand folios processed.
Improved clerk processing time to over 4500 invoices per month!
Cut dispute resolution time in half.
Reduced payment application time to one minute instead of hours.
Improved DSO on average by 3 to 5 days.

Let us help you start saving and improving your back-office processes today.

>> Click here to learn How It Works.

>> Click here to schedule a Live Demo.