KDS has launched an enhanced SaaS-based electronic billing module for travel expenses at corporates.

The module, which is part of the KDS Corporate offering, enables the reconciliation of supplier invoices and traveller expenses, adding "control and simplicity to travel and expense management", said KDS.

The new KDS billing module is designed to meet a vital need of procurement executives, that of gaining visibility over the total cost of a trip. The end-to-end system allows organisations to reduce the time and effort needed to reconcile actual spend.

An example of the use of the KDS travel billing module:

Jo books and immediately invoices for a trip to New York next month. However, the meeting has to be rescheduled and she cancels the booking. The airline refunds Jo but, as a busy executive, she forgets to pass the refund back to her company. With the KDS Corporate billing module in operation, Jo’s company would have been alerted about the trip cancellation.

Yves Weisselberger, KDS CEO, said, “Without our new billing module, most of our clients had to wait for their travel management company’s report, and spend hours analysing the data to match every booking against the invoice."

The billing module manages bookings made using credit cards, cash and supplier corporate account or "lodge" cards, and also helps make sure firms benefit from specially negotiated discounts from suppliers.