We decided to enter into a partnership agreement with Net Trans in order to outsource the complex task of hotel commission tracking. As a result, our generated commission income grew by 75% between 2009 and 2010, and by 13% the following year. Furthermore, Net Trans pays us our commission in a single consolidated payment each month, and in our local currency too, enabling us to significantly decrease the time allocated to processing back transactions.
Net Trans also exposes us to a wealth of data through their web reports that, among many other things, allow us to access detailed, up-to-the-minute information regarding payments of our commission. It is a true statistical dashboard that we can run and cross with our own data.
Hervé Saudrais, CFO