Rearden Commerce and WorldTravel BTI Form New Alliance
SAN MATEO, Calif. and ATLANTA, Dec. 14 /PRNewswire/ — Rearden Commerce, Inc. and WorldTravel BTI today announced that they have entered into a broad-based sales, marketing and deployment partnership. Under the terms of the agreement, WorldTravel BTI will jointly sell, market and deploy the Rearden Commerce solution to provide clients with an expanded array of employee services, and resulting procurement savings and productivity gains. In addition, the alliance will immediately increase Rearden Commerce’s market reach in the corporate travel market.
Unlike any offering on the market, Rearden Commerce provides a next-generation commerce platform and global reservation system for services of all kinds. The solution — essentially an online personal assistant — links organizations to more than 130,000 global suppliers and enables end- users to schedule, purchase and manage a wide array of business services, including travel services, package shipping, audio/web conferencing, dining reservations, as well as future service offerings. With this alliance, WorldTravel BTI becomes the first global travel management company to provide clients with an expanded end-to-end services management solution that not only includes a myriad of consultative and business services, but also the ability to book a variety of services as they relate to a single business trip. The alliance will enable clients to fully integrate their preferred content suppliers into a policy and sourcing optimization system.
Mike Buckman, CEO of WorldTravel BTI said, “We see this initiative as an exciting and natural extension of our global travel portal offerings, but with expanded and powerful technology, additional content, service offerings, and savings opportunities to bring to our mutual clients. We see this as another opportunity to help clients make sense out of the endless options in the marketplace and tailor them to their own economic advantage.”
The Rearden Commerce-WorldTravel BTI alliance was prompted by mutual clients who identified natural synergies between the two companies. For Rearden Commerce, this alliance marks its first step toward an expanded channel-specific sales strategy and is a key milestone in enabling its global ecosystem. “The support and expertise of a proven, world-class travel management company will help us further extend our market reach and bring an important industry solution to organizations around the globe,” said Patrick Grady, founder and CEO of Rearden Commerce. “As a result, our mutual customers will greatly benefit from a revolutionary, easy-to-use solution that enables users to purchase and manage a variety of employee-centric services while remaining compliant with corporate policies.”
About WorldTravel BTI
WorldTravel BTI, founded in 1987 and headquartered in Atlanta, is among the top three corporate travel management firms in the United States. With more than 4,300 employees across the country and 52 affiliate agencies in the United States, the company supports more than $3.6 billion in annual sales for Fortune 500 and mid-sized companies. WorldTravel BTI’s global services include traditional and online corporate travel services, group travel management, meetings and incentives, leisure services for corporate travelers and consulting and corporate fulfillment services. For more information on WorldTravel BTI, visit http://www.worldtravel.com/.
About Business Travel International (BTI)
Business Travel International (BTI) is the world’s leading travel management organization, operating in over 100 countries. With substantial global capabilities and specialist local expertise, BTI is the acknowledged expert in the delivery of corporate travel solutions. BTI has unrivalled knowledge in shaping the standards in global business travel service, delivery and client care, and in its cutting-edge approach to technology. Its international clients include major multi-national corporations, but the company prides itself on also being able to respond to the needs of smaller national organizations. For more information, visit http://www.bti-worldwide.com/.
About Rearden Commerce, Inc.
Rearden Commerce is revolutionizing the global services economy. The company pioneered the industry’s first Services On-Demand(TM) commerce platform built on a native Web Services architecture. Rearden EBS (Employee Business Services), the company’s first composite application to leverage the platform, provides enterprises with a single web interface for procuring employee services such as travel, package shipping, audio and web conferencing and dining. This offering — essentially an Internet concierge — gives employees anytime, anywhere access to more than 80,000 hotel properties, 530 airline carriers, 50,000 restaurants, the world’s top package shipment companies and the leading audio and web conferencing solutions. Using Rearden, employees can quickly complete service-oriented transactions while remaining compliant with company policies, ultimately curbing maverick spend which plagues nearly 50 percent of all services procurement in the corporate sector. Rearden Commerce is headquartered in San Mateo, CA. For more information, visit http://www.reardencommerce.com/.
NOTE: Rearden Commerce, Services On-Demand and the Rearden Commerce logo are trademarks of Rearden Commerce, Inc. All other company and product names may be trademarks of their respective owners.
Rearden Commerce, Inc.
CONTACT: Kim Stocks of Rearden Commerce, +1-650-212-8453, orkstocks@reardencommerce.com; or Thad Slaton of WorldTravel BTI,+1-404-422-6169, or thad.slaton@worldtravel.com
Web site: http://www.bti-worldwide.com/
Web site: http://www.worldtravel.com/
Web site: http://www.reardencommerce.com/