The TOPAX Management Platform is the Best IT Solution

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Author: Formula Travel

Article source: http://www.articlealley.com/. Used with author's permission.

The TOPAX Management Platform by Formula Travel Solutions is the best IT solution for the tourism industry. The platform includes three components for well-rounded success:
distribution; management; and connectivity. These components were
designed with six reasons in mind: customers, operations, suppliers,
management, accounting, and Internet technology. These are the six reasons
why the TOPAX Management platform works best for any tour operator,

With the reliable TOPAX Management platform, customers can easily check
availability, compare products and prices, make bookings, and receive
confirmations, process online transactions and print documents. Customers
can be automatically updated with new products, special offers and price
changes. Great customer service and ensuring the best deals for clients is
considered a trustworthy practice; trust equals sales.

Since TOPAX Management is an integrated system, developed especially by
and for travel experts, it provides the full range of functions necessary for
efficient, high-quality and profitable operations; from product planning through
inventory management, sales activities, distribution, communications and
accounting, to post-sale analysis. TOPAX Management handles both inbound
and outbound operations in a single software package. With trip-centric,
multiple reservation screens and a flexible relational database significantly
increase operators¡¯ productivity.

TOPAX Management enables a search of many suppliers' inventories
simultaneously, increasing availability and ensuring the best deals. In this
way, product offerings are being constantly broadened while the number of
transactions on the system is increased. Strengthening the ability to negotiate
prices and rates in this way enhances a competitive advantage.

Also management efficient, from sales activity to profitability analyses and
reporting, the TOPAX Management system allows information to be rapidly
processed, helping to make decisions that keep a business one step ahead of
competitors. Using the smart report generator, TOPAX Management collates
detailed information for yield management, and presents the results with
graphical clarity giving total control over a business-right down to the
individual transaction level. This is the power to optimize a distribution and
supply chain, find cost effective alternatives and cut margins.

TOPAX Management contains strong operational accounting facilities that are
designed to handle operational accounts, receivables and payables, set up
commission levels, update exchange rates, balance PNR accounts and
generate accounting reports. The system enables accurate tracking of
revenues and profits from sales activities, and customers¡¯ outstanding
balances, to keep cash flowing and payments timely. Advance deposits and
cash payments are automatically credited to the customer¡¯s account. TOPAX
Management can also create and transfer journal transactions to external
general ledger and accounting systems. Customer statements of account
show current and outstanding balances and aging information, giving an
immediate, real-time snapshot of a financial position.

TOPAX Management has been developed using the latest technology,
combining ease of use with advanced processing power and connectivity. The
software utilizes leading-edge, web-based technologies, XML and windows-
style application screens. A comprehensive B2B Web site, fully connected and
synchronized with TOPAX database, enables on-line presence and business,
while eliminating the need to maintain duplicated data entry and system
administration. All the information displayed on the Web site, is based on the
regular TOPAX inputs, transformed/translated to a sophisticated Web site. A
reliable combination of client/server architecture, a relational database and
graphical user interface provide TOPAX Management users with reassurance
that their mission-critical solutions will perform well in the information-
intensive travel environment. TOPAX Management is a modular system that is
scalable and powerful, yet affordable enough to fit any size of organization.

This article was written by http://www.formula-travel.com/. Formula Travel Solutions is the leading technology provider of advanced tour operator software and Airline Systems. Formula Travel offers the most comprehensive technology solutions for Tour Operators, Wholesalers and Airlines. Reproductions of this article are encouraged but must include a link back to http://www.formula-travel.com/.