Navigation Links
TRX's Data Intelligence Solution, TRAVELTRAX, Helps Fortune 500 Corporations Gain New Insights Into Cost Savings

ATLANTA, Aug. 23, 2011 /PRNewswire/ -- TRX, Inc. ( (OTCQB: TRXI), a world-leading provider of travel technology, process automation, consulting and data services, announced continued success in providing its data intelligence solution to several leading companies in the pharmaceutical, technology, financial services, travel, and consulting industries seeking better ways to manage their travel and procurement reporting needs.

TRAVELTRAX® helps over 6,000 corporations gain a better understanding of corporate travel data and more effectively manage their global T&E costs.

Fortune 500 corporations manage large and complex travel and procurement programs and need clear insight into their T&E spend in order to better administer and drive costs out of these programs. In a digital economy with multiple sources of data that can make disintermediation a serious challenge, clear insight is difficult to obtain.

TRAVELTRAX, with connections to all of the major corporate card issuers, credit card associations, GDSs, TMCs, HR systems and key direct connect vendors, has the unique ability to aggregate and enhance data from virtually any source and to provide actionable intelligence to travel and procurement managers resulting in significant cost savings.

"Data is key for corporations to understand where their money has been spent but more importantly where their money could be better spent," said Kevin Austin, Executive Vice President - TRAVELTRAX, TRX. "Our unmatched record in the number of data connections, deployments, and users, coupled with our vast report library containing thousands of reports, and our ability to further customize these reports based on the individual needs of our clients makes TRAVELTRAX the most widely-used independent reporting platform today."

"Corporate buyers face a number of difficult issues when managing their T&E expenses such as airline ancillary fee spend, channel compliance, and travel policy adherence," said Shane Hammond, President and CEO, TRX. "It's easy to understand why firms like Hitachi, Gilead and Visa, all recent client additions, see great value in TRAVELTRAX, no other solution can aggregate and normalize the number of data sources, TRAVELTRAX has analyzed over $35 billion in spend last year which resulted in hundreds of millions of dollars of savings for our clients."

About TRX

TRX is a world-leading travel technology and data services provider, offering more than 20 software-as-a-service utilities for online booking, reservation processing, data intelligence, and process automation. We deliver our technology applications in an on-demand environment to travel agencies, corporations, travel suppliers, government agencies, credit card associations, credit card issuing banks, and third-party administrators. We provide patented savings maximization solutions via our travel analytics consulting practice, extending spend management services to travel buyers all over the world. We complement all of these offerings with a global workforce focused on travel process automation and reengineering. For more information about TRX or to contact a TRX sales office, phone 404.929.6100 or visit the Company's website at

Copyright©2010 PR Newswire.
All rights reserved

Related medicine technology :

1. Free Prescription Coupons from Help Doctors to Evaluate Patients Reactions to Medications
2. CenterWatch Releases State of the Clinical Trials Industry 2008 - A Key Industry Resource for Market Research and Competitive Intelligence
3. Reportlinker Adds Intravenous Equipment - A World Market Intelligence Report
4. Reportlinker Adds Cardiac Defibrillators - A Worldwide Market Intelligence Report
5. 3M and CitiusTech to Integrate 3M Healthcare Data Dictionary With CitiusTechs BI-Clinical Healthcare Business Intelligence Framework
6. Carefx to Collaborate with the Cleveland Clinic to Commercialize CCF Business Intelligence Solution
7. Anthem Healthcare Intelligence Teams with Oracle to Offer Healthcare Analytic Applications
8. GHX Announces Channel Intelligence Service to Enable Manufacturers to Meet December 2010 Sunrise Date for Global Location Numbers Adoption
9. MarketsandMarkets Partners With Centre of Business Intelligence (CBI) for its Market Research and Product Forecasting Summit
10. Analysis Finds U.S. Medical-Surgical Manufacturers Using GHX Market Intelligence Grew Revenue Faster Than Non-Users in 2009
11. Pharmaceutical Industry Insiders, VIPs All Coming Together for Future of Pharma Market, Pharmaceutical Competitive Intelligence
Post Your Comments:
(Date:6/24/2016)... Belgium , June 24, 2016 ... the appointment of Dr. Edward Futcher ... Non-Executive Director, effective June 23, 2016.Dr. Futcher was ... Nominations and Governance Committees.  As a non-executive member ... independent expertise and strategic counsel to VolitionRx in ...
(Date:6/23/2016)... June 23, 2016 Any dentist who has made ... the current process. Many of them do not even offer ... difficulties and high laboratory costs involved. And those who ARE ... at such a high cost that the majority of today,s ... Dr. Parsa Zadeh , founder of Dental Evolutions Inc. ...
(Date:6/23/2016)... -- Research and Markets has announced the addition ... - Forecast to 2022" report to their offering. ... to date financial data derived from varied research sources to ... potential impact on the market during the next five years, ... of sub markets, regional and country level analysis. The report ...
Breaking Medicine Technology:
(Date:6/25/2016)... ... June 25, 2016 , ... First Choice Emergency Room , ... Sesan Ogunleye, as the Medical Director of its new Mesquite-Samuell Farm facility. , ... our new Mesquite location,” said Dr. James M. Muzzarelli, Executive Medical Director of First ...
(Date:6/25/2016)... ... June 25, 2016 , ... Conventional wisdom preaches the benefits of moderation, whether ... latter, setting the bar too high can result in disappointment, perhaps even self-loathing. However, ... their goal. , Research from reveals that behind the tendency ...
(Date:6/24/2016)... ... ... crisis. Her son James, eight, was out of control. Prone to extreme mood shifts and ... him, he couldn’t control his emotions,” remembers Marcy. “If there was a knife on ... say he was going to kill them. If we were driving on the freeway, ...
(Date:6/24/2016)... San Diego, CA (PRWEB) , ... June 24, 2016 , ... ... up with the American Cancer Society and the Road To Recovery® program to drive ... care to seniors and other adults to ensure the highest quality of life and ...
(Date:6/24/2016)... ... June 24, 2016 , ... The ... recognize Dr. Barry M. Weintraub as a prominent plastic surgeon and the network’s ... the world, and the most handsome men, look naturally attractive. Plastic surgery should ...
Breaking Medicine News(10 mins):