Welcome to Spurwing.
The Spurwing system is a Travel Industry transaction hub, providing business to business trading facilities and optimising processing touch points between Organisations, a trading community within the sector.
Spurwing provides standards in terms of e-commerce and data interchange for the Travel Industry. This initiative is receiving good industry support by individual organisations and supporting bodies such as the Australian Tourism Export Council.
Advancement in information technology now facilitates quality data exchange between entities minimising anomalies introduced through traditional manual handling. High volumes of menial tasks can now be performed very quickly at low cost. (Traditionally product suppliers and their distributors each manage relationships on a number of levels within organisations, management, product and finance the main. There can be in the order of hundreds if not thousands of these relationships depending on the size of the organisations involved.)
Core to these commercial relationships is cash flow and a clean financial exchange between the two, the first priority of the Spurwing system is to streamline this interface between trading partners.
Key Features
- Electronic generation and presentation of invoices.
- Online search and retrieval of invoice information.
- Automated reconciliation between product lines sold/purchased.
- Provide a channel for the resolution of invoice claims that have not been (automatically agreed as) reconciled.
- Where parties contribute data through the month any resolution of claims can be performed through the course of the month, before the end of month payment close off.
- Archive repository.
- Intuitive desktop interface
- Corporate branding throughout the system
Key Distributor Benefits
Reduced Invoice Processing & Storage- reduced invoice receipt & sorting
- reduced invoice storage & retrieval costs
Reduced Voucher Matching Costs
- reduced manual voucher matching
- efficient discrepancy resolution process
Key Supplier Benefits
Reduced Invoice Processing & Storage- reduced issuing of invoices
- reduced mailing costs
- reduced photocopying costs
- reduced storage & retrieval costs
Transparency of Process
- track & view status of voucher from the time of uploading
Improved Cashflow Management
- identify discrepancies earlier
- resolve discrepancies efficiently
Travel Industry Membership
News and Views
The voucher matching solution can deliver significant business improvements and efficiencies and will create workflow and cost savings for both Inbound Tour Operators and Product Suppliers
Gary O’Riordan,
Deputy Managing Director, Australian Tourism Export Council (ATEC)
The potential of this system is to reduce AP processing and reconciliation to a matter of hours and minutes rather than days.We would encourage all our suppliers to utilize the system, reducing the time-wasting, labour intensive process of reconciling unmatched vouchers/invoices.
Jim Devine,
Commercial Manager
We’ve been searching for a solution for some time, we even assessed scanning technologies, but this solution is more tailored to our industry and will be much more efficient for us.
Greg Atkins,
General Manager
The Spurwing system offers us a great opportunity to fulfill many cost saving areas JTB has been looking to streamline for some time. These include automation of purchase order matching, electronic storage of invoice documents and some way to communicate and settle any discrepancies. Spurwing offers a solution to achieve these savings in the one process, giving much time and cost saving potential. This will free up staff to carry out more value adding tasks, such as more analysis of the figures, instead of just processing the figures. We at JTB encourage suppliers and distributors to be involved in an industry initiative that will benefit all in the industry.
Paul McNeilly,
Transaction Manager, JTB Australia Pty Ltd.
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