[Payn Co., Ltd.] “Payn”, which automates cancellation fee billing and collection operations, begins collaboration with hotel management system “Assist”
*View in browser* *Payn Co., Ltd.*
Press release: June 10, 2024
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“Payn”, which automates cancellation fee billing and collection operations, begins collaboration with hotel management system “Assist” “Payn”, which automates the billing and collection of cancellation fees provided by Payn Co., Ltd. (Headquarters: Chuo-ku, Tokyo, Representative Director and CEO: Kyohei Yamashita, hereinafter referred to as the “Company”), is a service that automates the billing and collection of cancellation fees. We have started working with the accommodation management system “Assist” provided by Iida City, President and CEO: Kazuo Nakajima (hereinafter referred to as “Shinan Kotsu”).
* “Payn” that automates cancellation fee billing and collection operations * “Payn” is an automatic billing tool that allows you to easily bill, collect, and manage cancellation fee billing and collection operations performed by businesses that have established cancellation policies, such as hotels and restaurants.
* “Payn” official website *
https://payn.io
Industries that make reservations, especially the hotel and restaurant industries, have many issues regarding cancellations.
Business operators are plagued by a variety of problems, including the problem of no-shows where customers who have booked a reservation do not show up, the burden of burdening the business of charging cancellation fees, and the problem of unpaid cancellation fees that are not paid even after requesting them.
In order to solve these problems, we released “Payn” in October 2022, which automates the billing and collection of cancellation fees, and it is currently being used by various businesses, mainly accommodation facilities and restaurants. I’m here.
* Started collaboration with Shinnan Kotsu Co., Ltd.’s accommodation management system “Assist” *
We have started working with the hotel management system “Assist” provided by Shinnan Kotsu.
“Assist” is an inn system and resort hotel system that manages customers, reservations, front desk accounting, accounts receivable management, management, and sales strategies with rich functions and intuitive operability.
Through this collaboration, the reservation data in “Assist” is automatically imported into “Payn” via API, eliminating the need to manually enter billing information, creating invoices, sending messages, and billing that occur when requesting cancellation fees. It becomes possible to automate tasks such as reminders and collections.
* “Assist” official website *
https://www.shinnan.co.jp/system/index.html
* Collaboration possible with no initial or monthly costs*
Accommodations can use this function without incurring any initial or monthly costs, including development costs.
In the accommodation industry, it is common for development costs and monthly fees to be required to link the core system that manages facilities with external services.
However, in order to solve the cancellation problem lurking in the lodging industry, we and Shinnan Kotsu discussed the issue of what kind of fee structure should be offered, and we were able to offer this kind of fee structure.
*Using Payn’s unique patented technology*
This collaboration utilizes a patent acquired by our company in October 2023 for “technology that makes it possible to acquire reservation data from various media and seamlessly bill cancellation fees.” Masu.
* Obtained patent for seamless billing of cancellation fees in collaboration with Payn, reservation management services, etc.* https://prtimes.jp/main/html/rd/p/000000026.000108402.html
Image of patent
In industries where reservations are made, there are various reservation sites and reservation management services that centrally manage these reservations (PMS and site controllers in the
accommodation industry, reservation ledgers in the restaurant industry, etc.).
Previously, the process of billing cancellation fees required checking reservation information from these media and manually creating and billing invoices.
In this invention, by acquiring reservation data from various media through API, CSV, etc., it is possible to seamlessly perform a series of cancellation fee billing operations, from identifying the billing party to creating an invoice and sending subsequent messages. Masu.
In addition to this collaboration, we have realized collaboration with various reservation management services, and we plan to expand further in the future.
* Representative profile *
* Payn Co., Ltd. Representative Director and CEO Kyohei Yamashita* Born in Yokohama. Yahoo and a startup he founded “Accommodation reservation buying and selling service”
After working for “Cansell,” etc., he established Payn Co., Ltd. in March 2022. Although Cansell raised hundreds of millions of yen in funding and was selected as one of Toyo Keizai’s 100 amazing ventures, the business situation worsened due to the coronavirus pandemic in 2020, and the company went bankrupt in March 2022. Based on these experiences, he founded Payn Co., Ltd. and is currently taking on new challenges. This is the second startup company founded.
* Company Profile*
Company name: Payn Co., Ltd.
Address: 5-1 Nihonbashi Kabutocho, Chuo-ku, Tokyo
Representative: Kyohei Yamashita, Representative Director and CEO Established: March 2022
Company website: https://payn.io/about
*About details about this release*
https://prtimes.jp/main/html/rd/p/000000033.000108402.html
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