Corporate payment solutions firm Wex has struck a deal with post-booking automation business Traveknowledgy.
Traveknowledgy provides travel companies with a web-based solution which can be used to create and manage sophisticated workflows for GDS and mid-office booking processes.
The agreement with Wex will allow Traveknowledgy clients to access a secure and reliable payment method enabling further automation.
WEX Europe virtual payments commercial director Ian Johnson said: “We are delighted to be able to announce another travel technology agreement, further strengthening our ability to help travel businesses achieve tangible process efficiencies.
“Working with Traveknowledgy, we will allow business and leisure travel companies to achieve significant savings when handling bookings.”
Traveknowledgy funder and CEO Maxim Sevastianov added: “The addition of the virtual payment solution from Wex will enable our clients to pay suppliers in a more reliable manner.
“Access to a completely automated, yet flexible process, combined with the benefits of virtual payments, should make this a preferred form of payment for most transactions.”