BCD Travel consulting arm Advito has partnered with consultancy Edgar, Dunn & Co. to launch a new payments consulting service, according to the companies. Services will include assessment of corporate clients’ payments situation, counseling in trends and best practices and identifying opportunities and solutions to improve payment processes.
Advito and Edgar, Dunn already have piloted joint payments consulting efforts with some clients and now are formalizing the relationship, the companies said.
Payments’ place within the managed travel ecosystem has been undergoing a bit of a reimagining of late, as buyers and suppliers explore the advantages of more closely integrating payment products into travel management and expense services. In October, Advito parent company BCD became the first travel management company to issue payment accounts from UATP, which previously had only allowed airlines to issue accounts.
The payment consultancy is the latest specialized consulting service launched by Advito, following the firm’s December unveiling of a sustainability advisory.
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