> Hospitality Providers > Wholesalers & Groups

> What's New With Folio Exchange?

Folio Exchange expands to Internet Domain industry Contact us at sales@folioexchange.com for more details today.

Folio Exchange hits the 7 Billion Mark. Folio Exchange completed another successful year processing over $7 billion in invoices and payments. Clients save thousands of dollars and FE continues to set the bar for complete back-office automation.

News Feed

FOLIO EXCHANGE ANNOUNCES ONE MILLION INVOICES

Folio Exchange exceeds one million invoices processed.

Palos Verdes, Calif., March 16, 2008 – Folio Exchange, the world leader in back-office hospitality billing solutions, announces they have now processed over one million invoices through their proprietary web-based billing hub. Last week Folio Exchange celebrated processing over one million invoices on behalf of its many hospitality clients.

Says CEO Joe Bollinger, "We are thrilled to have served our clients and to have seen such terrific business growth over the past several years. Equally as impressive is our nearly perfect service uptime record meaning we are delivering what our customers need, when they need it. Kudos to our technology team for their efforts to continually improve our systems behind the scenes to stay one step ahead of the client base."

Folio Exchange was founded in 2001 to address the need to streamline back-office billing processes for large resorts and their trading partners with large wholesale, corporate and group bookings. Built from the ground up, their proprietary web-based system delivers significant cost savings and labor efficiencies that are transforming the back office process for the entire hospitality industry.

In reaching this volume level Folio Exchange continues to establish itself as secure, reliable and outstanding technology service provider that is trusted by established hospitality corporations including Pleasant Holidays, Apple Vacations, Aston, Sheraton, Outrigger and more. Stated the Marketing Department, "We expect the automation trend to accelerate, and we are look forward to servicing this growing need in the hospitality industry."

About Folio Exchange:
Folio Exchange is the world leader in full-cycle back office billing solutions. Headquartered in Southern California, their complete "Start to Finish" solution offers paperless invoicing, streamlined dispute resolution, electronic audit trails and automated cash application. Folio Exchange delivers to their customer an effortless billing solution.
Additional information about Folio Exchange is available at FolioExchange.com.