ARC has developed PayABill by collaborating directly with global hotel and resort representatives and wholesaler customers representing both billers and payers, as well as with retail travel agency MLT Vacations and travel company GTA North America.
ARC PayABill aims to reduce customer expenses by allowing one trading partner to connect to multiple trading partners within a centralised paperless system while providing a way for direct bill partners to communicate, resolve disputes and connect to new partners online.
Among the features provided by ARC PayABill are access to online resented in a unified template, an online dispute resolution function which allows bill partners to communicate directly in case billing disputes arise, an ACH payment processing function, financial reporting and the ability to access current and historical data online and download invoice, billing and dispute data in a variety of formats. ARC PayABill also provides integrated direct bill networking capabilities to help establish connections to new direct bill partners, thus accelerating cost savings achieved through electronic invoicing and optional settlement.
An initial August 2009 product launch exclusive to the development partners will be followed shortly by an industry-wide launch open to the entire global hotel market and their wholesale partners.
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