SHERIDAN, WYOMING – Mar. 5, 2025 – DerbySoft has announced its acquisition of artificial intelligence products from Arise, an AI automation platform specializing in streamlining travel agent–hotel communication and commission reconciliation. This strategic move is set to enhance DerbySoft's capabilities in providing seamless transactions between travel management companies (TMCs) and hotel chains.
Enhancing Travel Industry Automation with AI
Arise leverages AI-driven automation to address core challenges in travel management. The platform facilitates TMC-hotel communication, automates booking reconciliation, and optimizes commission recovery. By consolidating booking data into a single record, Arise improves operational transparency and efficiency while reducing the dependency on third-party services. With this acquisition, DerbySoft strengthens its technology suite, reinforcing its commitment to optimizing the travel industry's digital infrastructure.
Strategic Vision and Innovation
“DerbySoft anticipates the needs of the travel industry and delivers innovative, high-performance solutions for our clients,” said Duane Overgaard, divisional CEO for hospitality, DerbySoft. “Integrating Arise’s technology into our platform further strengthens our commitment to business travel by providing accuracy and efficiency in commission reconciliation, as well as robust communication tools between travel agents and hotels.”
Arise’s proprietary AI technology enhances payment processing efficiency by organizing transactional details and automating manual tasks. These capabilities help lower operational costs, refine workflows, and improve overall accuracy for TMCs and hotel operators. The acquisition aligns with DerbySoft's ongoing efforts to refine automation solutions that cater to the evolving needs of travel professionals.
Improving Industry Collaboration and Efficiency
As part of DerbySoft, Arise will further advance its mission of optimizing travel management processes. “Being part of DerbySoft will enhance our ability to help travel management companies and hotel partners collaborate more effectively while streamlining the processes of working together and managing shared bookings,” said Nadim El Manawy, cofounder/CEO, Arise. “Together, we will continue driving innovation that simplifies operations, enhances traveler experiences and maximizes profitability for our clients and their customers.”
This acquisition represents a pivotal step in DerbySoft's strategic expansion, reinforcing its commitment to enhancing business travel solutions through AI-powered automation. The company continues to prioritize investments in travel technology, aiming to provide greater efficiency, accuracy, and innovation in the sector.
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