SOUTHLAKE, Texas, Aug. 29, 2024 – Sabre Corporation (NASDAQ: SABR), the leading software and technology company that powers the global travel industry, and Furlong-Fox, the largest corporate travel agency in Argentina, today announced a multi-year agreement for Sabre Direct Pay, Sabre’s virtual payments solution.
The agreement will allow Furlong-Fox to modernize its payment strategy by automating and simplifying payments to providers while maximizing revenue through Sabre Direct Pay. It will also allow the agency to reduce the risk of fraud, optimize currency conversion, as well as eliminate manual tasks associated with managing expenses and reconciliation.
“We are excited to expand our partnership with Sabre to enhance our B2B payments with Sabre Direct Pay. Its robust single platform allows us to track our spending and automatically reconcile payments from multiple sources to generate automated reports when using virtual cards. All our data is now fully integrated into our existing workflow,” said Gonzalo Martinez Angello, Chief Operating Officer at Furlong-Fox. “This automation will allow us to improve efficiencies and streamline processes, with the added bonus of turning our payments into a new revenue stream through rebates.”
Sabre Direct Pay is a fully integrated, multi-channel solution that allows agencies to select the combination of banks and funding solutions that delivers the most value to their business. Through an agnostic direct API or through the Sabre platforms, it provides an extensive reach to more than 70 banking partners in over 90 countries, who can issue virtual cards in over 50 currencies while being fully integrated with the top card schemes worldwide. In Argentina, Sabre is the first company providing this type of payment solution through Sabre Direct Pay in partnership with Banco Comafi.
“Furlong-Fox is a longtime partner, and we are excited to now provide them with the operational efficiency and security that Sabre Direct Pay offers. The automated reconciliation and data reporting will help streamline their B2B payment process, as well as optimize their travel payments,” said Patricio Boccardo, Head of Sabre Direct Pay. “With our technology and team of experts we bring the agencies and the bank together, allowing them to turn their payments into a new source of revenue when using a virtual card to make a payment,” added Boccardo.
Sabre Direct Pay is built for leisure travel agencies, OTAs, TMCs and organizations with the need to pay their suppliers and reduce operational costs, transforming their payments into profit.
Headquartered in Buenos Aires, Furlong-Fox is the union of Furlong World Travel Service and Fox Tour. The two companies merged in 2002, giving birth to Furlong-Fox, and became the largest corporate agency in Argentina. In 2019, Furlong-Fox joined FCM’s global network of travel agencies, and today is an FCM representative in Argentina in the administration of multinational accounts.
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About Sabre Corporation
Sabre Corporation is a leading software and technology company that takes on the biggest opportunities and solves the most complex challenges in travel. The company connects travel suppliers and buyers around the globe through innovative products and next-generation technology solutions. Sabre harnesses speed, scale, and insights to build tomorrow’s technology today – empowering airlines, hoteliers, agencies, and other partners to retail, distribute, and fulfill travel worldwide. Headquartered in Southlake, Texas, USA, Sabre serves customers in more than 160 countries around the world. For more information, visit www.sabre.com.
About Furlong-Fox
Furlong-Fox, the largest privately-owned corporate travel agency in Argentina, was formed through the merger of two leading companies in 2002. As a member of the global FCM network since 2019, Furlong-Fox offers a unique blend of international reach and local expertise. Known for its advanced technology and personalized service, Furlong-Fox serves over 100 local and international companies with a team of more than 150 experts dedicated to delivering exceptional business travel solutions.