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ease
features
design
support

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Description

Onyx CenterSource offers a robust Commissions Processing system that aims to enhance the efficiency and automation of commission payments for hotels and travel agencies around the world. The process starts with hotels submitting booking information in their preferred file format and timing, optionally utilizing Onyx’s ValidStay verification tool. Subsequently, a pro forma or remittance notice is generated in the selected currency, detailing the total dues to agencies alongside Onyx’s service fee. Once hotels deposit the funds into the Onyx account, payments are typically distributed to all involved agencies within a week, accompanied by comprehensive confirmation reports. Both hotels and agencies benefit from round-the-clock access to an online portal, allowing them to reconcile payments, validate transactions, and track any pending claims. Additionally, the system encompasses research and support services aimed at addressing inquiries, disputes, or unaccounted payments, with all activities documented and available through customer service channels. Overall, this streamlined approach ensures that all parties involved have the necessary tools and support to manage commission payments efficiently.

Description

The foundation of an aggregator's operation relies heavily on cultivating strong relationships. One of the key interactions in this dynamic is the commission payment process, which must be seamless, efficient, and devoid of errors. However, managing numerous brokers and lenders with their varying commission structures can pose a significant challenge. The tasks of manipulating and validating data from different lender files, as well as processing and distributing commission payments to multiple parties, often prove to be labor-intensive, costly, and prone to mistakes. Consequently, there is a pressing need for a comprehensive solution that automates these processes, adapts to the evolving requirements of your business, and minimizes the need for extensive labor investments. Importantly, such a solution should be deeply rooted in an understanding of the aggregator business model, encompassing not just the mechanics of payment but also a thorough, current awareness of the constantly shifting compliance landscape. By ensuring these elements are in place, you can enhance operational efficiency and maintain stronger relationships with your brokers.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Onyx CenterSource

Founded

1992

Country

United States

Website

www.onyxcentersource.com/hotels/commissions-processing/

Vendor Details

Company Name

Loanworks Technologies

Founded

1998

Country

Australia

Website

www.loanworks.com.au

Product Features

Commission

Affiliate Management
Agency Commission
Commission Calculations
Commission Scheduling
Commission Tracking
Compliance Management
Flat Commissions
Incentive Programs
Multi-Tiered Commissions
Percentage Commissions
Sliding Scale Commissions
Split Commissions

Product Features

Commission

Affiliate Management
Agency Commission
Commission Calculations
Commission Scheduling
Commission Tracking
Compliance Management
Flat Commissions
Incentive Programs
Multi-Tiered Commissions
Percentage Commissions
Sliding Scale Commissions
Split Commissions

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