Saastra™, a brand new Ecosystem Software launched in India

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Mumbai, August 01

World’s first 100% web-based software to automate the Accommodation and M.I.C.E (Meetings, Incentives, Conferences, Expositions) ecosystems.

Saastra™ provides very affordable ecosystem-wide automation, with ZERO Capex, ZERO commissions. Automation now possible for all categories of accommodation units – hotels, resorts, service apartments, home stays, clubs, hostels, company guest houses. Automation is also possible for all categories of MICE (hotel banquet rooms, conference rooms, Exhibition Grounds, Sports Stadia, Auditoriums, Business Centers etc)

New Delhi: Saastra Software, a Bangalore-based software start-up has announced the availability of Saastra™, an evolutionary software to automate and make efficient the ecosystem of Hospitality and Travel businesses. Saastra™ is a 100% web-based ecosystem software that improves the business model in these 2 domains that has primarily remained unchanged for the last 25 years. In the process, as an example, Saastra™ provides average savings of about Rs. 5 lakhs in terms of Capex that may be spent just on Property Management Systems and about Rs. 20-25 lakhs as agent commissions (for a 75 room hotel, with a daily room tariff of Rs. 3000/-).

Saastra™ has released products that address the needs of the Accommodation (Hotels, Resorts, Service Apartments, Home Stays, Clubs, Hostels, Company-owned Guest Houses) and MICE (Meetings, Incentives, Conferences, Expositions) businesses. MICE economy has paid attention to only Hotels-based conference/meeting rooms and organized conference/convention centers. Saastra™ not only automates these organized MICE facilities, but also now makes it possible for the so-called unorganized facilities such as Sports Stadia, Auditoriums, Exhibition grounds, Theaters etc to join the MICE economy and earn increased revenues and profits.

For the first time in the world, facility owners can offer their function rooms for functions other than what they were designed for. For example, a multi-purpose hall owner can now expect to have his facility used for a variety of different functions by both corporate users and consumers. Or a wedding hall owner can expect to rent his premises for functions other than marriages. Corporate users and consumers can get instant confirmations for their MICE needs (such as a conferences, meetings, parties, weddings, exhibitions etc) or they can even negotiate online with various service providers to discover the best prices for their MICE needs.

To start with, Saastra™ automates their internal business processes such as Reservations, Guest Service Operations, Corporate Client Management. Additionally, it provides them Reporting services.

The architecture of Saastra™ makes it possible for the owners to expose their automated inventory directly to the consumers, eliminating the need for 3rd party intermediaries. Consumers also now have the added comfort of booking directly from the source/owners, without the doubts and uncertainties that arise from booking via intermediaries. Every single Saastra™ customer therefore gets access to an advanced customer portal from where they can interact in real-time with their customers.

Additionally, Saastra™ provides the owners access to a free online payment gateway that ensures that owners get paid for the service they provide and consumers get guaranteed bookings.

Many hotels, resorts, almost all service apartments and home stays are not automated even today because of the expenses involved and lack of efficiency of the available software. So, from today, the so-called unorganized segments of the Accommodation business (like Service Apartments and Home Stays) can join their mainstream cousins (Hotels and Resorts) in getting complete automation, provide better accessibility to their consumers, getting and managing corporate customers and generally operating their business in a more professional manner. All at an extremely affordable, low-cost monthly rental mode.

In the coming weeks, more components of the Saastra™ ecosystem will be released.

Commenting on the launch of Saastra™ to the Indian market, Vishnu Murali Konduru, the Founder-CEO of Saastra Software said, “Saastra™, brings together the sub-system islands of property management, distribution and sales front-end on to a single ecosystem platform – such that the Accommodation and Travel Inventory owners are able to directly offer the inventory to the Consumer. This simple but powerful model makes it possible for Owners to achieve dramatic reduction in cost of doing business and pass on the benefits of these reduced costs to the Consumer. Saastra™ can directly reduce operational expenses by at least 15% for the owners, which can benefit we expect the owners would be happy to pass to the consumers in the form of reduced room tariff etc.”

“Saastra™ removes the need to have a distribution system by taking the direct route, bringing the accommodation and MICE owners in direct contact with the consumers. In the process, it saves owners approximately Rs. 850 crores annually paid in the form of commissions. And that’s just hotels, we are talking about. Imagine the amounts if you were to add the others.”

“And because Saastra™ is a 100% web-based product, owners need not spend any Capex in order to automate various business processes – they can now, for a very affordable monthly rent, get the power of advanced automation. Thus, they are saved from expending large sums of money.”

Vishnu Murali Konduru, the architect of Saastra™, is a veteran of the hotel, aviation and IT industries, having a combined experience of 17 years. He started out with Oberoi Hotels, spent some time in Aviation Operations and Marketing, and finally Marketing and Business Development in IT. It his experience in these industries, catalyzed by the vision to improve the business model of the Accommodation and Transportation businesses that has made Saastra™ so different, simple, affordable and powerful to use

For further details, please contact:

Monica

KII Communications DRP

monica.srivastava@gmail.com

9899045863

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