Traxo Travel Itinerary Solution Now Integrated with SAP® Cloud for Travel

Offers Customers New Ways to Access Travel Itinerary and Booking Data Integrated in a Single Channel via SAP's Travel and Expense Management Solution

DALLAS, June 20, 2013 /PRNewswire-iReach/ -- Traxo, the world's most advanced personal travel organizer, announces today that its Traxo travel itinerary solution is now integrated with the SAP® Cloud for Travel solution, offering travelers and corporations additional choice and efficiencies for travel and expense management.  Through this integration, it is expected that customers using these solutions together will now be able to book flights, cars and hotels through any Internet or agency channel, have their travel booking details dynamically organized by Traxo, and then see all travel details securely populated into their expense reports within SAP Cloud for Travel.

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Business travelers often spend an inordinate amount of time managing the administrative aspects of their trips, including verifying travel policies for booking, sorting through receipts, and keeping track of travel expense details.  It is anticipated that employers will be able to benefit from the Traxo solution integrated with SAP Cloud for Travel in the following ways:

  • Traxo empowers travelers to book wherever they find the best value and provides industry-leading itinerary management and travel loyalty account tools to help simplify the details of travel.  Traxo's dynamic travel dashboard assembles and organizes relevant travel itinerary details, and then securely feeds them to the SAP Cloud for Travel solution.
  • The SAP Cloud for Travel solution is designed to enhance the corporation's visibility and control over the expense management and reimbursement process, helping companies cut travel costs and complexity while aimed at increasing compliance and employee productivity.  Through the integration of the Traxo travel itinerary solution with SAP Cloud for Travel, corporations are able to have visibility into the natural "leakage" of bookings that occurs outside the managed process, helping them to properly fulfill duty-of-care responsibilities and further optimize supplier agreements.

"Traxo offers a rescue tool that helps eliminate travel chaos and produces a smooth, easy outcome for employees and employers alike," said Andres Fabris, CEO and founder of Traxo.  "Employees are empowered with greater freedom, choice and flexibility. Employers enhance their visibility into the critical travel information they need to run their business -- everyone benefits."

With Traxo itinerary capabilities integrated with SAP Cloud for Travel, it is expected that customers will be able to access integrated travel itineraries even when purchased from various other booking channels of choice, such as travel agencies, online travel aggregators, corporate booking engines, and supplier websites.

"With the Traxo solution integrated with SAP Cloud for Travel, we expect our customers will have access to integrated travel itinerary and booking data in new ways – via a single channel," said Joe Fuster, senior vice president, Cloud, Customer and Money Line-of-Business Solutions, SAP. "We expect it will deliver increased value and efficiencies through automated processes. This cooperation with Traxo highlights the value provided by SAP's partner ecosystem, through which we intend to help mutual customers run better with SAP applications."

About Traxo

Traxo is the world's most advanced personal travel organizer.  The free service automatically detects and aggregates travel information, including: itineraries, miles, points, and elite status, directly from over 190 different travel websites, and accepts travel confirmation emails from over 1,300 travel providers, organizing everything into a single, comprehensive travel dashboard.  For more information, visit http://www.traxo.com.  Follow Traxo on Twitter at @traxo. 

SAP and all SAP logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries.  All other product and service names mentioned are the trademarks of their respective companies.

SAP Forward-looking Statement

Any statements contained in this document that are not historical facts are forward-looking statements as defined in the U.S. Private Securities Litigation Reform Act of 1995. Words such as "anticipate," "believe," "estimate," "expect," "forecast," "intend," "may," "plan," "project," "predict," "should" and "will" and similar expressions as they relate to SAP are intended to identify such forward-looking statements. SAP undertakes no obligation to publicly update or revise any forward-looking statements. All forward-looking statements are subject to various risks and uncertainties that could cause actual results to differ materially from expectations The factors that could affect SAP's future financial results are discussed more fully in SAP's filings with the U.S. Securities and Exchange Commission ("SEC"), including SAP's most recent Annual Report on Form 20-F filed with the SEC. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of their dates.

Media Contact:

Pamela Johnston, Cloud12, 646-918-8812 x1201, pamela@cloud12group.com

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SOURCE Traxo



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