Business Travel Executive Logo
Banner - ad - Desktop
Back To Travel News

HRS Introduces Meetings-as-a-Service Solution

HRS, the corporate lodging and payment technology company, introduced a Meetings-as-a-Service solution featuring HRS’ proprietary Connect platform, which provides new AI-infused automation for both corporations…

Written by:

Harvey Chipkin

Published on:

October 31, 2024
HRS Introduces Meetings-as-a-Service Solution

HRS, the corporate lodging and payment technology company, introduced a Meetings-as-a-Service solution featuring HRS’ proprietary Connect platform, which provides new AI-infused automation for both corporations and hotel suppliers as they strive to increase data visibility.

With this solution, according to the announcement, HRS provides corporations with transparency and control over their meetings programs while integrating procurement, instant pricing, virtual payment and VAT reclaim in one end-to-end process.

Banner - ad - Desktop

The AI-powered HRS Connect platform is the key element of HRS’ Meetings-as-a-Service. The solution, said the announcement, eliminates the guesswork for procurement leaders.

Highlights of the solution include:

  • New instant-pricing technology leverages pricing history and preferred supplier agreements to significantly reduce the time it takes to consider rate options and lock in the right combination of meeting space and room nights. This simplicity also ensures consistency for hotel partners, significantly reducing downstream correction scenarios.
  • HRS seamlessly integrates across existing corporate ecosystems, digitizing vital elements along the way. For example, the solution offers enriched transaction data via automated invoice collection and correction mechanisms. This dramatically reduces the need to manually go through piles of paper while ensuring companies pay only for what was contracted.
  • Corporations gain from benchmarking capabilities with a clear view on the average rates, terms and conditions of similar events at comparable hotels. Moreover, HRS’ Meetings-as-a-Service clients will also have access to HRS’ Green Stay Initiative in early 2025, enabling the automated incorporation of sustainability data in RFP and booking exercises, including the emissions tied to use of meeting rooms and other on-site services.

Image: HRS

Related Posts