Rental agreements and invoices per month across 100,000 pricing rules
Partners (Tours, Licenses, Travel Agents, Etc) Paid
Commissions and concession contracts
Licensee locations globally
RecVue helped Hertz integrate their billing and compensation into a single system of record, automate the key elements of accrual and streamline settlement of contra revenue items. RecVue is also managing their partner commission programs, franchise revenue share rules and intercompany revenue splits.
RecVue has helped Hertz attain a much higher level of partner and franchise satisfaction due to faster revenue settlements. RecVue also provided Hertz increased visibility into millions of rental agreements and commissions transactions, reducing operational inefficiencies while increasing auditability and control. RecVue’s implementation increased confidence in Hertz financial statements and saw them launch new services that grew their stock price by 8%.