Cornerstone Information Systems is a technology company helping travel management companies, corporate travel departments, travel technology companies, and global distribution systems work more efficiently and more profitably. From the creation through the execution and analysis of a travel reservation, companies managing more than $25 billion in travel spend rely on Cornerstone to help them proactively manage information and lower the cost of travel management. Founded in 1992, Cornerstone Information Systems is a privately held company headquartered in Bloomington, Indiana with customers in more than 50 countries.
**iQCX** is a web-based reservation management platform designed to help travel management companies, corporate travel departments, and online travel agencies to better manage reservations, issue tickets, deliver itineraries and produce travel program reporting and analysis. iQCX interacts with every major global distribution system and can be customized to integrate with other technology providers.
iQCX is comprised of five primary and essential components that have been designed to: increase ticket throughput by saving time and work in creating reservations; improve operating efficiency by optimizing workflow and increasing touch-less rates; reduce overhead by eliminating the cost of technology maintenance and management; and, increase revenue by directing agents toward the most profitable supplier relationships
**iBank** is Cornerstone’s cloud based data management platform that consolidates travel information in order to provide a clear, concise and comprehensive view of an agency or corporation’s travel spend.
iBank captures travel data from a variety of sources, including all major GDS and back-office systems. The data is standardized, consolidated and warehoused in our Safe Harbor Certified and European Union Compliant facilities. Secure internet access is provided to the customer so they can view travel spend, measure preferred supplier usage, track travel behavior, monitor policy adherence and improve profitability.
iBank is comprised of three major components: an efficient and accurate data consolidation tool; a comprehensive management reporting system; and an interactive business intelligence interface.
**Policy Compliance Manager** Cornerstone’s Policy Compliance Manager (PCM) solution automates the costly, labor-intensive and error-prone process of securing approval for travel before all reservations are ticketed and confirmed regardless of whether they are made with an agent or online. Additionally, PCM is also a communication tool that notifies your travelers of your policy during the reservation process leading to increased compliance.
The Policy Compliance Manager solution can identify a virtually unlimited number of conditions that trigger the need for traveler notification and trip approval. Email alerts are sent within minutes of booking to designated approvers. The alerts include a link to a secure web site where approvers can view trip details including policy violations from any location in the world. Approvers can authorize, deny or return reservations for further action.