Founded in 1998 in Barcelona, Voxel is pushing boundaries and broadening horizons in B2B Payments, eInvoicing, and VAT refund Technology. It offers leading solutions in eBilling, ePayments, and supply chain via its baVel Platform, and opens up new opportunities for corporates in VAT reclaim through DevoluIVA. Recently, the company announced it has acquired Australian startup Troovo thus incorporating the connectivity with GDSs and a powerful decision engine based on RPA technology into baVel Pay.
With this acquisition, baVel Pay incorporates two new key functionalities: connectivity with GDSs and a powerful decision engine developed and patented by Troovo, which aims to optimize the management of electronic means of payment and eliminate all sources of friction in B2B payments derived from the current cumbersome and error-prone manual procedures.
Companies that manage their B2B payments through baVelPay can now leverage an optimized, completely automated process via Robotic Process Automation (RPA). Thanks to the technology incorporated, a frictionless process is achievable to enable better business outcomes.
“We have taken advantage of the pandemic to spend quality time thinking strategically and investing in technological innovation in order to emerge stronger from the crisis. The acquisition of Troovo, its technology, and its patent are the spearhead of a strategic plan that not only makes baVel Pay’s Payment Manager the most powerful B2B payment platform in the travel industry but also one of the most complete in the market in general”.
Xavier Ginesta, Chairman, Voxel