Although Net Trans uses some very clever software, the beauty of the commission collection and reconciliation process around it is, that it could not be easier..
There are just six simple steps:
Step 1
Each month, Net Trans automatically collects and consolidates your booking data.
Step 2
Early in the month following checkout date, Net Trans sends hotel suppliers a statement of bookings made with them, the commission they owe and when they must pay it.
Step 3
Net Trans collects and consolidates your receivables based on commission we have collected for you and on statements of money sent directly to you.
Step 4
The hotels settle up with Net Trans. (If they are users of the Pegasus Solutions hotel commission payment service or WPS, then they will settle automatically with Net Trans on their behalf.) Net Trans’ system traces and chases any payments that have not been made.
Step 5
Net Trans holds the received commission in a protected client account, then sends a single consolidated payment to you within the first few days of the following month. The payment is in the currency of your choice.
Step 6
You can access a full set of reports on the Web 24/7. At a glance you can see what commission you have received and what Net Trans is still chasing for you. There is plenty of other information you can look at too, including your most booked hotels, slowest paying hotels and your overall commission performance. All reports can also be downloaded in Excel and other formats.
There are just six simple steps:
Step 1
Each month, Net Trans automatically collects and consolidates your booking data.
Step 2
Early in the month following checkout date, Net Trans sends hotel suppliers a statement of bookings made with them, the commission they owe and when they must pay it.
Step 3
Net Trans collects and consolidates your receivables based on commission we have collected for you and on statements of money sent directly to you.
Step 4
The hotels settle up with Net Trans. (If they are users of the Pegasus Solutions hotel commission payment service or WPS, then they will settle automatically with Net Trans on their behalf.) Net Trans’ system traces and chases any payments that have not been made.
Step 5
Net Trans holds the received commission in a protected client account, then sends a single consolidated payment to you within the first few days of the following month. The payment is in the currency of your choice.
Step 6
You can access a full set of reports on the Web 24/7. At a glance you can see what commission you have received and what Net Trans is still chasing for you. There is plenty of other information you can look at too, including your most booked hotels, slowest paying hotels and your overall commission performance. All reports can also be downloaded in Excel and other formats.