Grasp Technologies Introduces graspTUESDAY, Revolutionizing ARC Reconciliation for Travel Agencies and CTDs
New automation technology streamlines operations, boosts efficiency, and ensures compliance in the travel industry
COLUMBUS, OHIO – June 6, 2023 – Grasp Technologies announced today the release of graspTUESDAY, a new product offering created to streamline the ARC reconciliation process. Designed to simplify operations and enhance accuracy, graspTUESDAY reduces the need for manual processing, empowering travel agencies to reach unparalleled efficiency.
“graspTUESDAY is a game-changer in ARC reconciliation, allowing travel agencies to reclaim both time and top talent by increasing efficiency,” said Chief Technology Officer, Chris Smith. “As the industry embraces automation, this technology allows agencies to streamline processes, free up talent from tedious tasks, and optimize time to scale the business.”
Traditionally, ARC reconciliation has been a time-consuming and error-prone task, often resulting in missed deadlines, penalties, and financial setbacks. With graspTUESDAY, those challenges become a thing of the past. This innovative solution can automate the ARC reconciliation process, ensuring timely execution, error detection, and resolution, all while guaranteeing compliance with industry regulations.
“Travel agencies and CTDs have long accepted the burden of mundane reconciliations tasks, which requires precious talent to spend hours each week on manual data entry,” said Senior Vice President of Products, Mike Duffy. “graspTUESDAY empowers ARC reconciliation specialists to devote their time and expertise to driving higher value for the company.”
graspTUESDAY provides travel agencies with peace of mind by increasing efficiency and productivity for the reconciliation process, allowing agencies to grow without increasing resources as well as reallocating expertise.
“As we navigate the ever-evolving landscape of a digital world driven by AI, NDC, and cutting-edge innovations, it is crucial to recognize the importance of rolling up our sleeves and addressing that the less glamorous aspects of operations is what drives data, reporting, and business decisions,” said Chief Executive Officer, Erik Mueller. “By automating these tedious tasks, travel agencies not only elevate their invaluable talent but also pave the way for enhanced accounting and financial integrity. This newfound efficiency liberates agencies to focus on leveraging data-driven insights, empowering them to make even smarter decisions moving forward.”
About Grasp Technologies
Founded in 1996, Grasp Technologies provides data management, reporting, and virtual payment solutions. The company helps fast growing and Fortune 500 companies, TMCs, agencies, and CTDs get more out of their data. Grasp powers over $40 billion in transactions and serves hundreds of customers worldwide. Learn more at GraspTech.com
Press Contact: Peter Sebio
Email: peter@grasptech.com
*All copyrights, logos, names are reserved and held with their original owners.