Offboard reconciliation
Onboard profit, cash, & time
Full-serve, end-to-end
pay-for-performance services
For “hotel collect” reservations, rOTA identifies instances when OTAs report greater revenue than what properties have collected and reconciles by adjusting reservations in OTA extranets to reflect property-level activity. This service results in commissions saved as otherwise OTAs would invoice properties for amounts not charged to guests. HCR operates on a monthly basis, covering check-outs during the period permitted by OTAs.
Hotel Collect Reconciliation
(HCR)
Virtual Card Recovery
(VCR)
For “virtual collect” reservations, rOTA identifies instances when OTA virtual cards have been undercharged by properties and reconciles by processing appropriate balances on behalf of said properties. This service results in amounts recovered as otherwise OTAs would retain funds meant for collection by properties. VCR operates on a rolling basis two months after check-outs, and includes a one-time lookback as far as permitted by OTAs.
For “virtual collect” reservations, rOTA identifies instances when OTA virtual cards have been mistakenly or unintentionally closed and reconciles by corresponding with OTAs to re-activate or re-issue funds which are then processed. Like VCR, this service results in amounts recovered, operates on a rolling basis two months after check-outs, and includes a one-time lookback.
Virtual Card Recovery Plus
(VCR+)
25%
of revenue recovered and commissions saved
Transparent,
all-inclusive pricing
No setup fees. No configuration fees. No platform fees. No payment processing fees. No virtual card processing fees. No ACH fees. No bank transfer fess. No annual fees. No FX fees. No cancelation fees.