How does the Operational Finance module help Tour Operators?

19th Aug 2022

Are you keeping track of your bottom line, creditors and debtors, profit and loss, and gross margins? ETOS tracks and makes managing payments and pay-outs simple with detailed analysis

 

Is understanding the bottom line and exposure a challenge for your company?

 

  • Working with different market agents while also preserving your bottom line and measuring agent exposure may be a difficult challenge in the travel industry, especially with competition on the rise

  • We manage and measure all of your receivables, payables, and alerts on unproportionate exposures, billings, and payment cycles with ETOS

  • It not only keeps your credit in control but also gives you a better picture of your revenues and group operating profitability.

 

Can ETOS DMC24 answer finance-related problems as a tour operator?

 

  • No, and yes. ETOS handles all of your operational accounting needs but not your final accounting needs

  • Across all of your inbound bookings, we track all your credits, payments, pay-outs, PnL, and gross operational profits

  • We also integrate with third-party accounting systems to complete a full cycle of accounting

 

We insist on connecting legal third-party accounting systems as required by the destination; this streamlines the entire accounting process by easily queuing finished files from the ETOS accounting module to their legal accounting system.

 

How does the Operational Finance module help Tour Operators?

 

  • Track all your confirmed bookings and proforma invoices

  • Create deposit invoices and track advance payments

  • Manage payment receipts

  • Bulk payment management

  • Supplier bill booking and managing overcharge

  • Pre-payment approvals and tracking

  • Tax invoice creation

  • Credit / Debit notes and set off management

 

Key Features

 

  • Outstanding supplier bills and payment management

  • Provisional and final PnL statement

  • Monthly GP / GOP

  • Forced closure of PnL and reopening via internal approvals

  • Exposure tracker

  • Auto alerts with SMS and Emails

  • Dashboard for tracking and alerts

  • MIS reports

 
Manage your operational finance accounts receivables and payables management, profit/loss, and more swiftly with ETOS Travel Technology. You can now book a FREE DEMO or connect with us to learn more at [email protected] or +919820140434.

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