Name: Derive
Price: 75 USD
Author: Derive Systems

Help Desk

Web and Video Conferencing

Customer Support

AI Chatbot

Development

Attendance Tracking

Career Center

Education

Association Management

Business Intelligence (BI)

Case Management

Collaboration

File Sharing

File Sync

Objectives and Key Results (OKR)

Office Suites

Unified Communications as a Service (UCaaS)

Enterprise

Accounting

FinTech

Online Trading

SaaS Spend Management

Finance and Accounting

Applicant Tracking

Corporate Learning Management

Employee Performance Management

HR Management

Payroll

Talent Intelligence

Talent Management

Workforce Analytics

Workforce Management

Human Resources

Asset Tokenization

Business Internet Service Providers (ISPs)

Cloud Storage

Container Management

Debugging

Disaster Recovery as a Service (DRaaS)

Dynamic Application Security Testing (DAST)

Fraud Detection

In-Memory Databases

Incident Response

Integrated Development Environment (IDE)

Integration Platform as a Service (iPaaS)

Intranet

Managed Private Cloud

Managed Security Service

Modular Storage Area Network (SAN)

Network Function Virtualization (NFV)

Network Performance Monitoring

Runtime Application Self-Protection

SSL Certificate

Secure Web Gateway

Threat Hunting

Information Technology

A/B Testing

Ad Serving & Retargeting

All-in-One Marketing

Content Management

Email Marketing

Marketing Automation

Personalization Engines

Product Management

Sales and Marketing Automation

Social Media Management

Survey & Forms Building

Technology Review

Web Analytics

Marketing

Project Management

Professional Services

Customer Relationship Management (CRM)

Sales Forecasting

Sales Pipeline

Sales

Microsegmentation

Security Information and Event Management (SIEM)

Security

Automotive

Building Information Modeling (BIM)

Catering

Law Practice Management

Legal Research

Tour Operator

Vertical-Specific

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Derive is a solution designed to simplify and streamline travel management processes for travel companies. According to the vendor, Derive is suitable for travel companies of various sizes, from small agencies to large enterprises. The product is used by travel agents, travel management companies, tour operators, online travel agencies (OTAs), and corporate travel departments.

## Key Features

**Multi-Currency**: According to the vendor, Derive allows users to manage invoices in customer's/vendor's currency regardless of the local currency. The integrated system provides up-to-date Rate of Exchange (ROE) information, enabling users to automate the posting of ROE differences for easy closure of Profit and Loss statements. Additionally, users can generate reports in any transaction currency.

**Inter-Branch**: Derive offers the ability to obtain consolidated or individual financial statements of various branches. Customers can conveniently make payments at a branch of their choice for invoices from another branch. The software allows users to book expenses from any branch and effectively manage branch receivables. Users can also departmentalize branches as cost centers to track individual profitability.

**Multiple Integrations**: Derive offers integration capabilities with Global Distribution Systems (GDS) like Sabre, Amadeus, and Galileo, automating the invoicing process. The software can seamlessly integrate with any Online Travel Agency (OTA) in real-time. Additionally, Derive can be easily connected to other systems such as Business Intelligence (BI) tools, Human Resource Management Systems (HRMS), and Visa Systems.

**QC & DMS**: According to the vendor, Derive includes a quality check process to reduce transactional errors. The software automatically attaches support documents with invoices and provides a Document Management System (DMS) for easy attachment and access to related documents.

**MIS Reports**: Derive allows users to generate horizontally and vertically extendable pivot tables for comprehensive analysis. The software provides intuitive dashboards for quick analysis of business performance. Users can export reports to Excel for further analysis and easily generate final reports with a single click.

**Sales & Invoicing**: Derive enables users to record sales separately for each service and generate individual or collective invoices. The software ensures CTA BTA compliant invoicing and offers customization options for invoice printing based on customer preferences.

**VAT & GST**: According to the vendor, Derive allows users to configure tax calculations according to country-specific tax rules and easily incorporate periodic tax amendments. Users can print invoices and reports based on tax guidelines and simplify tax return submission with automated tax reports.

**Accounts Receivable & Payable**: Derive provides features to keep track of customer payment and invoice history. Users can stay up to date on receivables and payables with aging reports. The software automates reconciliation by registering payments directly from invoices and bills. Additionally, users can implement a Credit Limit Management System to efficiently control credit to customers.

**BSP Reconciliation**: Derive streamlines the reconciliation of the Billing and Settlement Plan (BSP) payable by allowing users to upload statements. The software facilitates the posting of Additional Debit Memos (ADM) and Additional Credit Memos (ACM) entries separately with minimal effort. According to the vendor, Derive offers a user-friendly and interactive screen for posting entries and clearing discrepancies.

**Financial Reports**: Derive provides advanced final reports to meet audit requirements. Users can access consolidated or individual reports of branches. The software enables the generation of detailed and dynamic General Ledger Reports. All reports can be exported in XLSX or PDF formats as required.

Basic

Derive

Travel Agency

Derive Systems

Travel Agency features aim to facilitate travel planning and execution.

Online Bookings

This feature allows customers to book travel services such as flights, hotels, and tours directly from the software platform.

Itinerary Creation

The software enables travel agents to create and manage detailed itineraries for their clients, including dates, destinations, accommodations, and activities.

This feature helps travel agencies manage their interactions with current and potential customers, improving customer service and driving sales growth.

Payment Facilitation

The software provides secure and efficient processing of customer payments, including credit cards, debit cards, and online payment services.

Supplier Supervision

This feature allows travel agencies to manage relationships with suppliers such as airlines, hotel chains, and tour operators.

Reporting &  Analytics

The software provides tools for generating detailed reports and analyzing data, helping travel agencies make informed business decisions.

Marketing Tools

The software includes features for managing marketing campaigns, such as email marketing, social media integration, and customer segmentation.

Multi-Currency and Multi-Language Support

The software supports multiple currencies and languages, making it suitable for travel agencies operating in different countries and regions.

Integration Ability

The software can integrate with other systems such as accounting software, CRM systems, and third-party booking platforms.

Mobile Access

The software provides mobile access, allowing travel agents to manage bookings and customer interactions from anywhere.

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Derive

Overview

What is Derive?