CO-RIMILIA
Rimilia, a financial technology company, today announced that Expedia Partner Solutions (EPS), Expedia’s Business-to-Business partner network, selected Rimilia solutions to automate incoming payments. Rimilia will enable EPS to automate the application of their payments in 20 different currencies to open lodging supply/invoices from all of Expedia Group’s hotel, airline, car rental and holiday travel agency partners.
Headquartered in Bellevue, Washington, Expedia Group is one of the world’s largest online travel companies with nearly $100 billion in gross bookings, $11 billion in revenue and 24,000 employees worldwide1 . The Expedia Partner Solutions division supports thousands of travel partners with technology, travel supply and support services.
Jeremy Hayes, Senior Manager for EAC Accounting at Expedia Partner Solutions, stated, “Our team manages cash and collection and applies payments from our travel partners all over the globe in multiple currencies. We have been looking for ways to apply our payments smarter and faster, and Rimilia’s innovative technology was the answer.”
Rimilia U.S. leader and chief revenue officer, Timothy Ray , said, “Clients like Expedia Partner Solutions are finance pioneers who leverage Rimilia’s machine learning and artificial intelligence (AI) technology to simplify their complex finance processes. EPS will be able to apply incoming payments more efficiently and accurately - resulting in improved cash flow and more rapid growth in their travel partner network.”
About Rimilia
Founded in 2008 with offices in Bromsgrove, London, and Denver, Colorado, Rimilia creates software finance people love by helping them eliminate archaic practices of tracking cash and managing credit collections. Rimilia provides companies around the globe with faster cash allocation, clearer information, and better control over cash flow. As a global solution, Rimilia works with any currency, any bank, any ERP, in any country and language.
Learn more at us.rimilia.com
1 Expedia Group, Inc. results for the year ended December 31, 2018
View source version on businesswire.com: https://www.businesswire.com/news/home/20190221005124/en/
Contact:
Catalyst Marketing Agency Gem Swartz 925.588.8515 gem@catalystmarketing.io www.catalystmarketing.io
Link:
Social Media:
About Business Wire
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
NY-HCLTECH26.4.2024 22:07:31 CEST | Press release
HCLTech Reports FY24 Revenue of $13.3 Billion, up 5.4% YoY
KINAXIS-INC.26.4.2024 18:04:28 CEST | Press release
Kinaxis Positioned Highest on Ability to Execute in the Gartner® Magic Quadrant™ for Supply Chain Planning Solutions
VERTEX-PHARMA26.4.2024 17:44:28 CEST | Press release
Vertex Announces European Commission Approval for KALYDECO® to Treat Infants With Cystic Fibrosis Ages 1 Month and Older
SUZANO-S.A.26.4.2024 17:23:27 CEST | Press release
Suzano 2023 annual report on Form 20-F
MA-TAKEDA-PHARMACEUTICAL26.4.2024 14:31:34 CEST | Press release
Takeda Receives Positive CHMP Opinion for Fruquintinib in Previously Treated Metastatic Colorectal Cancer
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom