Embracing Digital Transformation And Digital Culture
Embracing Digital Transformation And Digital Culture
The travel and hospitality industry is being constantly disrupted by new digital technologies and newer business models – be it community-based online platforms for renting local homes or ride-share apps in the car rental space. Enterprises are increasingly using digital technologies to get better market and business intelligence, develop a deeper understanding of customers and their behavior, and price their products and services competitively.
Datamatics helps some of the world’s leading travel and hospitality brands leverage the power of digital to redefine customer engagement and maximize return on investment. It helps businesses deliver a more personalized customer experience, improve decision-making, and increase collaboration between teams and partners.
Datamatics enables travel and hospitality institutions to adopt digital in a big way, right from online booking of travel tickets along a multi-modal route, lodgings at different stopovers, including intermittent last mile travel, covering the entire itinerary, payment, and receipt generation. These robotic process automation (RPA), artificial intelligence / machine learning (AI/ML) powered chatbot solutions are usually located on the homepage of the state tourism development corporations, hotels, and travel providers and cover a wider interconnected travel and hospitality partner ecosystem.
Increase productivity, accuracy and speed with TruBot, an enterprise-grade, multi-skilled bot
Improve the scope of automation by integrating with a plethora of technologies such as intelligent data capture, artificial intelligence/machine learning, analytics, streaming media, etc.
Streamline and automate your organization’s CFO back-office operations with finance & accounting solutions
Generate a healthy cash flow, have a better financial control through insights and forecasts, as well as adopt a highly systematic approach to maintain accurate documents for financial auditing
Transform your digital landscape to become more agile and scalable with the use of state of the art technology solutions in enterprise portals, enterprise content management, cloud, etc.
Improve accessibility, productivity, and customer satisfaction through anytime anywhere access in a safe and secure environment
Enable customers to adopt ‘mobile first’ approach for enhanced customer experience
Offer differentiated and human centric digital experience as well as life time value with connected digital experiences to customers
Scale the digital maturity curve faster and improve speed to market with pre-built digital frameworks
Improve real-time decision making capability through intelligent data processing and analytics by using high volumes of data stored in cloud, data lakes and other data management systems
Use intelligent pattern mining and analysis to track customer preferences and accordingly cross sell and upsell services
Enhance your business by gaining insights and informed decisions through a better understanding of your consumers' needs and wants, their purchase behavior and path-to-purchase journeys across both digital and offline touchpoints.
Conduct Secondary Research around global trends and macro-economic parameters
Perform end-to-end customized research & intelligence around Competition, Consumer & Market trends right from survey programming, data collection and data processing to insights, analytics, reports and dashboards
Build advance analytics models, such as seasonal demand forecasting, price elasticity, customer segmentation, product/ service bundling effectiveness, customer satisfaction, market mix modeling, need gap analysis, etc.
Improve customer experience with superior customer interactions across the various touchpoints. Omnichannel customer management solutions provides consistent and effective customer support to enhance their satisfaction and loyalty
Leverage state of the art digital customer management solutions like AI/ ML based chatbots, Auto IVR, RPA, NLP, deep analytics, etc. for strategic competitive advantage
Build customer management solutions, such as lead generation & acquisition, customer service, booking support, online support, dispute resolution, collections, etc.
Even though the Travel & Hospitality businesses are more people-centric than others, they have tremendous opportunity to streamline customer interactions, improve omni-channel registrations and digital payments at each node, improve public knowledge and awareness about travel destinations and affiliates, handle around the clock travel query resolutions with chatbots, improve data analysis and decision making capability, etc. All these facets related to Travel & Hospitality industry and much more can be automated with the help of technology solutions.
Travel & Hospitality is a data-driven industry. Each interaction with existing customers, prospects, and suspects generates humongous data. This data can be mined for extracting nuances of customer preferences and improving customer service. Intelligent Automation not only allows to collate and curate this accumulated data but also update the streamlined data into CRM systems for future reference. The data can be used for cross-selling and up-selling products throughout the customer lifecycle.
Travel and Hospitality businesses interact with numerous vendors, providers, and OEM manufacturers to run their day to day operations. Similarly, they have hundreds and thousands of customers on their active customer lists during the peak seasons and off season cycles.
Payments for all purchases through external parties can be expedited through procure-to-pay (P2P) automation cycles. Each customer registration and the corresponding payment can be automated through the order-to-cash (O2C) automation. The transaction records can be analysed with record-to-report (R2R) automation.
The automation of these processes, including P2P, O2C, and R2R give an overall thrust to the Finance & Accounting departments and enables them to maintain a tight grip on the revenue generation and revenue collection operations. It allows to maintain a healthy cash flow in the system and the larger vendor ecosystem throughout the year.
Most Travel & Hospitality businesses are thriving multi-way ecosystems, where the main business is tied up with many business partners, places of tourist interest and recreation, and places of religious and historical importance.
On registration, the customer is provided with either an online downloadable app or a tab-based app at the reception counter. The app walks the customer through the different locations on the sprawling property, while highlighting the speciality of each. It also include the different breakfast corners, dining bars, food lounges, etc., that pepper across the property.
The app also highlights the nearby and accessible travel sites of historical and religious importance while taking through a Virtual Reality tour and specifying the significance and importance. The app has the capability to register for round-the-clock local site-seeing tours, contactless and multi-channel payments, and receipt generation.
Most Travel & Hospitality businesses and Tourism Development state departments provide downloadable apps that walk the customers through the travel destinations and sites of historical importance within their ambit. These AR/VR apps are instrumental in increasing the awareness and knowledge about the travel sites and destinations that exist within their jurisdictions. These apps enable the tourists to increase their awareness about the nearby places and quickly register for a local-site seeing tour thereby improving monetization.
In all data-intensive sectors, including Travel & Hospitality, decision making can be a tedious process due to the data deluge. Business Intelligence & Data Visualization solutions atop databases immensely improve real-time decision making. The use of intelligent analysis and pattern mining allows to decipher customer preferences for cross-selling and up-selling different products and services.
Datamatics is a Digital Technologies, Operations, and Experiences company that enables enterprises to go Deep in Digital to boost their productivity, customer experience and competitive advantage.