Product OTA savings
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OTA savings

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By X.Quic
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OTA savings

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Seth Lapensohn
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Overview

Launch year

2020

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Compatible integrations

0

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Description

XQuic's OTA Savings solution is an AI-driven platform designed for hotels to maximize revenue by precisely reconciling OTA commissions and virtual card payments. Our core function is to eliminate manual reconciliation errors and recover lost revenue from discrepancies like cancellations, no-shows, and expired virtual cards. This solution is ideal for all hotel types, including independent hotels, chains, and small groups, as well as Travel Management Companies seeking to optimize their financial operations.

A key unique selling point is our ability to ensure you collect 100% of what is owed and pay commissions only on collected revenue. Another is the significant time and cost savings achieved by automating complex reconciliation processes. XQuic OTA Savings does not require extensive integrations, often leveraging existing Property Management Systems (PMS) and OTA platforms to streamline data collection and analysis.

Details

Infrastructure detailsStand-alone
Support languagesEN
CategoryFinance and payments
SubcategoryVirtual card processing/OTA reconciliation
Integrations
IndustryHospitality
This solution is suitable for:Enterprise hotel chains

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Integrations

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Technical specifications

Specifications
Configurations

The XQuic OTA Savings onboarding process is designed for seamless integration and immediate value. After a brief consultation to understand your specific needs, we initiate a complimentary audit to identify potential revenue recovery. Our AI-driven platform then leverages existing PMS and OTA data, requiring minimal setup from your side. We ensure full transparency and provide dedicated support throughout this streamlined process, enabling you to quickly begin realizing significant savings and improved financial accuracy.

Scalability

XQuic's OTA Savings platform is built for exceptional scalability, leveraging a robust cloud-based architecture designed to handle increasing transaction volumes and hotel portfolios with consistent performance. Our infrastructure dynamically adjusts to demand, ensuring that whether you're an independent hotel or a large chain, our AI-powered reconciliation remains highly accurate and efficient. This inherent scalability means you can grow your operations with confidence, knowing XQuic will seamlessly expand to meet your evolving needs without compromising service quality or recovery rates.

Fee structure

Monthly Flat Fee
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