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Description
If the expiration date is adhered to, these tickets can be exchanged for the value of future travel, but failing to do so results in clients forfeiting their ticket value, leading to significant financial implications for both the travel management company (TMC) and its clientele. To address this issue, Magnatech created the OnTrackplus software, designed to streamline operations and mitigate the financial risks tied to unutilized air travel. This innovative, web-based platform automatically monitors, updates, and generates reports on unused tickets, allowing for efficient categorization by either individual travelers or corporate accounts. The manual process of tracking unused tickets and assessing their worth can be quite labor-intensive, often requiring considerable time to complete. For TMCs with a vast network of corporate clients, OnTrackplus offers a promising solution to decrease manual labor while enhancing revenue opportunities, making it a valuable asset in the travel management landscape. Additionally, the software not only saves time but also empowers TMCs to maintain client satisfaction by optimizing ticket utilization.
Description
Enhance the financial well-being of your workforce by decreasing PTO liabilities while simultaneously boosting your company's cash flow. Sorbet’s innovative PTO cash-out feature empowers employees to convert their unused PTO into immediate cash, alleviating the financial burden on employers. This means your team can access their earned compensation precisely when they need it, all while keeping their monthly salaries intact. Notably, implementing Sorbet incurs no expense for your organization; rather, it offers a cost-saving advantage. In instances where employees opt not to cash out, your company faces no charges, but when they do, your savings increase! You can also monitor the anticipated value of your PTO liabilities over time, gaining valuable insights into both the financial and overall health of your organization. By allowing employees the autonomy to decide how best to utilize their PTO, you contribute to their financial stability. Supporting your employees in managing their finances and enhancing their quality of life can lead to improved morale, making it a mutually beneficial arrangement for everyone involved. This approach not only fosters a positive work environment but also reinforces the company's commitment to its employees' financial wellness.
API Access
Has API
API Access
Has API
Integrations
ADP Enterprise HR
BambooHR
Deloitte Compliance Suite
Workday Extend
Integrations
ADP Enterprise HR
BambooHR
Deloitte Compliance Suite
Workday Extend
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
MagnaTech
Founded
1989
Country
Canada
Website
www.magnatech.com/site/unused-ticket-tracking/
Vendor Details
Company Name
Shift Time
Country
United States
Website
www.getsorbet.com
Product Features
Travel Agency
Central Reservation System
Customer Database
Flight Booking
GDS / OTA Integration
Itinerary Creation
Marketing Management
Payment Processing
Promotions Management
Quote Management
Rental Car Reservations
Single / Group Reservations
Product Features
Financial Management
Budgeting & Forecasting
Cash Management
Consolidation / Roll-Up
Currency Management
Financial Reporting
Investment Management
Project Management
Revenue Recognition
Risk Management
Tax Management
Financial Services
Analytics
Branch Optimization
Channel Management
Compliance Management
Customer Engagement
Performance Management
Risk Management
Leave Management
Approval Process Control
Calendar Management
Employee Scheduling
FMLA Tracking
Leave & Absence Reporting
Leave Policy Management
Self Service Portal
