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Folio Exchange welcomes new client, H.I.S. Hawaii

Los Angeles, California - April 15, 2010 – Folio Exchange, the world leader in back-office hospitality billing solutions, is pleased to announce the addition of H.I.S. Hawaii to their client list of wholesale tour operators, now covering nearly 80% of the Hawaii tour market.

H.I.S. Hawaii is owned and operated by H.I.S. International in Japan and is part of one of the largest Japanese travel wholesalers in the world with over 100 retail outlets in more than 75 cities. “We are extremely pleased to partner with H.I.S. – their willingness to pursue efficiency through automation is an important signal for the Hawaii tour industry, providing an opportunity for significant back-office cost reduction throughout the region.” says Director of Marketing, Lisa Bryan.

Folio Exchange will work with HIS accounting systems to provide a secure and electronic interface between HIS Hawaii and their individual, corporate and group accounts with the major resorts in Hawaii. As with each client they service, Folio Exchange provides custom work to meet the specific needs of HIS, enabling them to see billing issues, rate adjustments and customer inquiries across all sales channels in one easy place.

H.I.S. is set to go live with Folio Exchange services in April 2010. Folio Exchange welcomes H.I.S. on board as do many of the Folio Exchange hotel clients including Starwood Hotels and Resorts, Aston, Outrigger and Hyatt who look forward to streamlining the thousands of invoices processed between their properties and those of H.I.S. annually. Automation via Folio Exchange is transforming the hospitality business and enabling trading partners to work together more efficiently to keep costs down in an increasingly competitive market.

About H.I.S. Hawaii:
With over 20 years experience in the Japanese inbound and outbound markets, H.I.S. has gained invaluable first hand knowledge that makes us the specialists for all your Travel Japan needs. Professional, high quality Japanese style service and flexibility are just a few of our benchmark features. Whether you are travelling to Hawaii on business or pleasure, H.I.S. will arrange your trip based on your individual requirements. Additional Information about H.I.S. Hawaii is available at his-hawaii.com

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.