Finance
Gain complete control over customer payments, supplier settlements, cash flow, receivables, payables, tour profitability, and financial reporting through an integrated finance system built for travel businesses.
Receivables Management
Manage customer receipts throughout the entire booking lifecycle, from deposits and partial payments to final settlements. Monitor payment status and collection schedules to maintain healthy cash flow and improve payment visibility.
Core capabilities:
- Create receipts directly from bookings
- Record deposits, full payments, and miscellaneous receipts
- Track receipt status and payment progress
- Monitor due and overdue customer payments
- Maintain complete receipt history
Payables Management
Control supplier and operational payments through structured approval workflows, helping your finance team manage payment requests, disbursements, and payment status with greater accuracy and transparency.
Core capabilities:
- Create supplier payment vouchers
- Record commission, deduction, and miscellaneous payments
- Manage payment requests and approvals
- Track payment status
- Monitor due and overdue payments
Cash Flow & Payment Control
Plan and monitor incoming and outgoing cash with complete visibility into bank accounts, payment schedules, transaction history, and daily cash movements across your travel business.
Core capabilities:
- Manage cash collection and payment plans
- Maintain bank account information
- Track cash transactions
- Review payment history
- Monitor business cash flow
Accounts Receivable & Payable
Monitor outstanding balances across customers, travel agents, and suppliers from one centralized workspace. Stay on top of payment deadlines while improving debt collection and supplier settlement management.
Core capabilities:
- Manage customer receivables
- Manage travel agent receivables
- Manage supplier payables
- Track payment deadlines
- Monitor outstanding balances
Tour Financial Performance
Measure the financial performance of every tour by comparing estimated costs, actual expenses, revenue, and profitability. Gain complete visibility into tour settlements and financial outcomes.
Core capabilities:
- Complete tour settlements
- Consolidate tour revenue
- Track actual tour costs
- Compare estimated and actual costs
- Analyze tour profitability
Financial Reporting
Access real-time financial reports that provide a comprehensive view of cash flow, receivables, payables, profitability, and business performance, supporting faster and more informed financial decisions.
Core capabilities:
- Generate cash flow reports
- Review consolidated debt reports
- Export accounting data
- Monitor financial performance
- Support financial analysis
Solution
Knowledge of Travel Master
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Nguyen Manh Toan | Director - VTTC Travel
What sets TravelMaster apart is how well it understands the travel business. Its workflows are far more comprehensive and practical than other travel software we've evaluated. With nearly 100 employees, implementing a new operating model wasn't easy, and the transition took time for our teams to adapt. But once everyone was working within the system, the improvements became very clear.
Today, our processes are more standardized, collaboration between departments is much smoother, and the platform has become an essential part of how Lilys Travel operates every day.
Bui Quoc Trung | CEO - Lilys Travel
Tra Mi | Deputy CEO - TNK Travel