Jorge Alvarez Joins Cornerstone as New Vice President, Product Management and Marketing

Bloomington, Indiana (August 5, 2019) – Cornerstone Information Systems® is excited to announce that Jorge Alvarez has joined Cornerstone as its new Vice President Product Management and Marketing. In this position, Jorge will report directly to Cornerstone’s CEO Mat Orrego and be responsible for product conception, definition, prototypes, and market releases.

Jorge is a Certified Scrum Product Owner, with almost 20 years of business experience. He was most recently the Director, Product Lead with PricewaterhouseCoopers, doing business as PwC. At PwC, Jorge was the head of healthcare products, leading four global teams across three countries and building a portfolio of 10 products.

“I am thrilled that Jorge is joining Cornerstone,” said Cornerstone CEO Mat Orrego. “Jorge’s expertise in Product Management and the product lifecycle management is critical to our future growth plans. We have made some great investments this year, with new products and acquisitions, and now we need the strong leadership that Jorge brings those investments to our customers.”

Earning his Bachelor of Science from Purdue University and his Master of Business and Doctor of Law degrees from Indiana University Bloomington, Jorge is excited to relocate to Bloomington with his family.

“I am excited to be back in Bloomington,” said Jorge Alvarez. “My career has taken me across the country, to California and Texas, but Indiana is home to me. Cornerstone is a growing global company serving one of the most complex industries in the world – and doing it all from Bloomington.”

Jorge will attend the upcoming Global Business Travel Association Convention in Chicago from August 5-7, 2019. To meet Jorge, please schedule an appointment or stop by the Cornerstone booth (booth 2812).

Based in Bloomington since 1992, Cornerstone Information Systems has grown from a small office of fifteen to almost 100 employees. Cornerstone is in final preparations to move into a brand-new headquarters building in downtown Bloomington along the B-Line and was recently voted one of the Best Places To Work In Bloomington.

To learn more about Cornerstone Information Systems, please contact Lauren Wolters (lwolters@ciswired.com) or visit www.ciswired.com.

Cornerstone Information Systems Selected as One Of The Best Places To Work Bloomington

best places to work logoBloomington, Indiana (June 28, 2019) – Cornerstone Information Systems® is thrilled to announce that they have been selected as one of the Best Places To Work Bloomington by The Herald-Times, The Mill, and the Bloomington Economic Development Corporation.

The Best Places To Work Bloomington is designed to spotlight the best places to work in different categories, to highlight opportunities for those in the Bloomington and surrounding areas. Cornerstone had to complete a company survey, and then company employees were surveyed. The combined scores, the employee survey being weighed higher, earned Cornerstone a place on the Best Places To Work Bloomington list.

“I am thrilled we have earned a spot on the list, and I’m proud to be in the company of these other great companies,” said Cornerstone CEO Mat Orrego. “We are committed to Bloomington, and I believe the city-wide investment in technology and life sciences is planning the seeds for attracting and retaining talent for future growth.”

Based in Bloomington since 1992, Cornerstone Information Systems has grown from a small office of fifteen to almost 100 employees. Cornerstone is in final preparations to move into a brand-new headquarters building in downtown Bloomington along the B-Line. Employees have an average tenure of more than seven years, a tribute to Cornerstone’s investment in its employees and more than triple the average for most technology companies.

“I love working for Cornerstone,” said Jenny Tracy, Customer Services Facilitation Manager. “I can enjoy the small city feel while working at a growing global business that does big things and impacts many people.”

To learn more about Cornerstone Information Systems or to set up an interview, please contact Lauren Wolters (lwolters@ciswired.com) or visit www.ciswired.com.

Cornerstone Acquires Apexconnect Inc.

Platform, Cloud, Integration Endpoints and Data is the Future of an Intelligent Hybrid Environment

Bloomington Indiana (June 26, 2019) – Cornerstone Information Systems Inc. is pleased to announce the acquisition of the business of Apexconnect Inc., a Washington DC based company. Apexconnect Inc. helps customers automate the integration of expense, payment, and invoicing processes across the enterprise via its Core Connector Platform™. The Apexconnect Inc. business will now be known as ApexConnect.

With Cornerstone’s stronghold on travel technology and ApexConnect’s focus on financial technology, both companies saw the potential to work together to provide a broader set of data and information services to their customers.

The companies’ respective Integration Platform as a Service (iPaaS) offerings are designed to automate a variety of workflows that provide the opportunity to merge a broad variety of different data. Combined with artificial intelligence and predictive technologies, this intelligent hybrid of expense, payment, booking, human capital and other data will change the insights that are delivered to a customer’s enterprise.

“Often we see the need to cast a wider net of functionality across the enterprise in order to help automate for a richer and more efficient workflow for customers,” said Cornerstone Information Systems CEO Mat Orrego. “ApexConnect really understands how to bring together ‘the last mile’ in procure-to-pay workflows and we both saw the opportunity to work together. This technology has a ton of potential to help customers in other areas of their business.”

ApexConnect will continue to run as an independent business from its new offices in Arlington, Va. and will be supported by Cornerstone’s established and growing business out of Bloomington, In. headquarters. Ross Atkinson, Vice President of Sales and Partner Services for ApexConnect, will work with Cornerstone’s Chief Operating Officer Ron Childress to help grow and manage the business.

“With a strong, shared customer focus, both companies look forward to broadening the services they offer while focusing on the specific data, information and integration needs of its customers,” said Ron Childress.

To learn more about Cornerstone Information Systems or ApexConnect or to set up an interview, please contact Lauren Wolters (lwolters@ciswired.com) or visit www.ciswired.com.

 

More about ApexConnect

ApexConnect, is an Integration Platform as a Service (iPaaS) company with a Cloud Connect Platform.  This unique platform integrates hundreds of connections with expense management, enterprise resource planning, human capital management, and payment solutions to quickly connect what have traditionally been disparate systems across an enterprise.

The platform automates the invoice, purchase order, expense, documentation management and corporate payment processes while applying client specific business rules, logic, data validations, and transformations providing value in key business functions.

ApexConnect is a company with a customer and cloud first approach.

To learn more, visit apexconnect.io.

 

More about Cornerstone Information Systems

Cornerstone Information Systems® is a global technology and services provider that has a unique domain knowledge in the travel industry, from how travel is operationalized to how information is managed. With a foundation in automation, Cornerstone designs, builds, and delivers technology for travel companies and corporate buyers. Cornerstone has a single focus on travel data from the management of the reservation to the creation and presentation of information. The result is higher quality customer service and more nimble operational responsiveness at a lower cost with fewer resources yielding higher profit.

Companies managing more than $25 billion in travel spend annually trust Cornerstone to help them proactively lower the costs of travel management and drive revenues through travel optimization. Founded in 1992, Cornerstone Information Systems is a privately held company headquartered in Bloomington, Indiana with customers in more than 50 countries. To learn more, visit ciswired.com

Cornerstone Information Systems Announces New and Enhanced Solution for Ticket Tracking

 

 

 

 

 

Bloomington, Indiana (April 23, 2019) – Cornerstone Information Systems® today announces its new and enhanced TicketTRAK™ technology for tracking unused tickets.

Tracking unused airline tickets remains a big challenge for travel companies. Cornerstone research indicates that five percent to ten percent of a corporation’s total air spend is associated with unused tickets, and more than 80 percent of all unused tickets can be recovered through proper management. TicketTRAK is here to help travel companies do just that.

“Travel companies look for ways to save money for their customers, and TicketTRAK delivers that,” said Cornerstone CEO Mat Orrego. “Ignoring unused tickets leaves money on the table that can be put toward new and additional travel.”

TicketTRAK fits easily into a travel agency’s workflow and operates in the background. The technology provides automated loading, tracking, and monitoring of ticket status, both pre and post-travel up to the time of expiration. Cornerstone’s technology enables the loading of specialty ticket types such as MCOs and non-BSP/ARC transactions. Additionally, the solution provides a single view of ticket status across multiple GDS sources and enables broadcast reporting to clients.

“TicketTRAK helps our travel management customers ensure that their clients get the most value from every dollar they spend on airline tickets,” said Kyle Moser, Vice President of Product Strategy and Development at Cornerstone Information Systems. “And, by leveraging their existing workflows and automation, we help them deliver this value without additional work. We had to make sure that our technology fit right into our customers’ existing processes.”

Even more critical for travel companies, Cornerstone sends point of sale alerts to agents to identify travelers with potential unused ticket savings opportunities. Cornerstone layers in robust business intelligence visualizations through the TravelOptix® platform for reporting and analytics.  These are integrated with existing reservation log, queue, and detailed views. TicketTRAK also automates reporting for distribution to internal teams and customers.

To learn more about TicketTRAK, please click here.

To learn more about Cornerstone Information Systems or to set up an interview with Cornerstone experts, please contact Lauren Wolters (lwolters@ciswired.com) or visit www.ciswired.com.

Helping You Manage The Impact Of The FAA Temporarily Grounding Boeing 737 MAX

On March 13, 2019, the Federal Aviation Administration (FAA) of the United States ordered the temporary grounding of all Boeing 737 MAX aircraft as operated by United States airlines or in United States territory. For latest information from the FAA, click here.

Cornerstone Information Systems can and wants to help our customers manage the impacts of this FAA ruling on their business.

Cornerstone is ready to provide our customers with reservation data showing critical information about travelers and their itineraries that will be affected by the grounding of the Boeing 737 MAX equipment.

To request information on the availability and receipt of your data, please contact your Cornerstone Account Manager or Cornerstone Support via email (support@ciswired.com) or direct by phone at +1 (888) 778-0897 or +1 (812)  330-4361 option #3.

Anytime the need arises, Cornerstone has the data to help you be responsive to the needs of your customers, travelers, or stakeholders.

 

Sincerely,

Laurie Reese

Executive Vice President, Customer Services

Cornerstone Acquires Topaz International

 

January 17, 2019 – We are excited to share that we have acquired the auditing and benchmarking business of Topaz International. Topaz is a leading provider of travel audits and the analysis of travel programs and policies for corporate buyers.

Since 1978, Topaz has delivered quality services to over 500 of the Fortune 1000 companies around the world. The exceptional Topaz team is joining Cornerstone, along with Bradley Seitz, President, Topaz, who will remain in a leadership role to provide continuity and advice, and strategic direction on future initiatives.

Topaz is an ideal complement to our growing work with corporate travel buyers and an opportunity to enhance the Topaz offerings with our workflow automation and reporting & analytics solutions. With the addition of Topaz benchmarking and fare auditing capabilities, we are expanding and deepening our core capabilities in helping companies both manage and measure the effectiveness of their travel programs.

In the next few months, Topaz and Cornerstone will work to build the foundation for a broader, more tech integrated offering of our services that advance our reporting and analytical abilities. Topaz will continue to run under its brand and leadership to maintain impartiality in its consulting services to corporate buyers.

Over the last 18 months, we have been hiring and have plans to double our workforce in the coming years. We remain focused on building our business by offering enhanced services that help buyers manage their programs and relationships with suppliers, distributors, and services partners. The Topaz acquisition creates a stronger prospect for Cornerstone and allows us to expand the range of services we provide to all our customers.

Cornerstone Information Systems grows, hires to tame travel tech’s next frontier

 

Indiana University, Luddy Hall, Location: Bloomington IN, Architect: Pelli Clarke Pelli

Earlier this month, Mat Orrego, CEO, sat down the team at TechPoint to talk about Cornerstone’s growth plans. Mat discussed the plans to add 40 new hires by 2021, the new company headquarters, and a focus more on building more automated services. Read the article here.

TechPoint is the growth accelerator for Indiana’s tech ecosystem. Indiana currently boasts a $7 billion in tech company acquisitions and IPOs, the most affordable housing market in the country, and a high production of software jobs.

Cornerstone Selected by the U.S. General Services Administration to provide data acquisition, consolidation, and normalization services.

We are thrilled to announce that Cornerstone Information Systems has been selected by the U.S. General Services Administration (GSA) to provide data acquisition, consolidation, and normalization services to the GSA.

We began a comprehensive bid process in 2016 with the GSA to understand their current and future business requirements, which are exciting and future looking. In February, we received word that we were awarded the contract. We are actively involed in implementation with an excellent team at the GSA and plan to have them running on our platforms by July.

The GSA selected the iBank® and TravelOptix® platforms to provide an extensive data warehouse and data lake for the GSA to access all their data in real-time. The TravelOptix platform is the next generation evolution of Cornerstone’s iBank® travel reporting and warehousing tools.  The TravelOptix platform is designed to create a single analytical and visualization lens for data from multiple sources – from booking and reservation data, to expense and risk management information. The open platform will enable the GSA to efficiently and effectively manage and view all their data, from all their sources, on a single platform.

“The GSA represents a complex and unique data challenge and that’s very exciting for a company like Cornerstone that is laser focused on data and helping customers drive better decision making in their organization,” said Mat Orrego, CEO of Cornerstone Information Systems. “We know that our iBank and TravelOptix platforms can provide a flexible, scalable environment for GSA that is built to grow with their changing business needs.”

As we look towards the next few years, we plan to continue making strategic investments across our platforms – strengthening our data acquisition, consolidation, and normalization services while enhancing our reporting capabilities and expanding our library of analyses and visualizations. These investments are designed to ensure we can always meet the unique business needs of our customers and future customers.

GBTA Announces Inaugural Volunteer Leadership Sponsor

FOR IMMEDIATE RELEASE

GBTA Announces Inaugural Volunteer Leadership Sponsor

Cornerstone Information Systems Takes Industry Leadership Role

Alexandria, VA (May 16, 2017) – The Global Business Travel Association (GBTA), the voice of the global business travel industry, today announced Cornerstone Information Systems has partnered with GBTA as the inaugural Volunteer Leadership Sponsor.

Cornerstone has long supported its employees’ efforts and involvement in GBTA through the Committee structure, their local Chapters and at GBTA Convention. Cornerstone CEO Mat Orrego has also been involved in the GBTA Ladders Program since its inception as both a mentor and as part of the volunteer leadership team. “Ladders” is GBTA’s innovative, industry-wide mentoring program connecting business travel leaders with industry newcomers to facilitate collaboration and mentorship, while tackling challenges facing the future of our industry.

Through this sponsorship, Cornerstone seeks to extend that support to volunteers across business travel, and believes GBTA provides the platform to drive engagement that fosters growth and innovation in the business travel industry.

“Volunteers are the heart of GBTA – and together, help to advance the business travel industry,” said Christle Johnson, GBTA President.

“We have been committed supporters of GBTA through the years, and this Volunteer Leadership Sponsorship enables us to further our commitment,” said Mat Orrego. “We have found GBTA gives us a great opportunity to connect with our customers and have a voice in the industry. Through committees and Ladders, our team takes an active role throughout GBTA. Supporting GBTA volunteers means supporting my own team. We are thrilled to take this new sponsorship role within GBTA.”

The sponsorship includes involvement at various GBTA events throughout the year including GBTA Chapter Leadership Summit, GBTA All Committee Summit, GBTA Chapter Presidents’ Council Leadership Summit, and GBTA Convention.

About the Global Business Travel Association
The Global Business Travel Association (GBTA) is the world’s premier business travel and meetings trade organization headquartered in the Washington, D.C. area with operations on six continents. GBTA’s 9,000-plus members manage more than $345 billion of global business travel and meetings expenditures annually. GBTA and the GBTA Foundation deliver world-class education, events, research, advocacy and media to a growing global network of more than 28,000 travel professionals and 125,000 active contacts. To learn how business travel drives lasting business growth, visit www.gbta.org.

About Cornerstone Information Systems
Cornerstone Information Systems® is a global technology and services provider that has a unique domain knowledge in the travel industry, from how travel is operationalized to how information is managed. With a foundation in automation, we design, build, and deliver technology for travel companies and corporate buyers. We enable better data and decisions through automation and analytics. Companies managing more than $25 billion in travel spend annually trust Cornerstone to help them proactively lower the costs of travel management and drive revenues through travel optimization. Founded in 1992, Cornerstone Information Systems is a privately held company headquartered in Bloomington, Indiana with customers in more than 50 countries. To learn more, visit www.ciswired.com.

For more information, contact Lauren Wolters.

Cornerstone Information Systems exhibiting and speaking at Travel Technology Europe 2017

BLOOMINGTON, IN (February 2, 2017)  – Cornerstone™ Information Systems (CIS), a global leader in innovative technology solutions for travel companies, will be speaking and exhibiting at The Travel Technology Europe Show 2017 (TTE 2017). The event takes place February 22nd-23rd, at Olympia in London, UK and is expected to attract more than 6000 Travel & Tourism professionals and suppliers from around the globe.  Cornerstone will also be hosting a Cocktails and Canapés reception at a nearby upscale gastropub.

The company’s CEO, Mat Orrego, will be presenting at a session titled, ‘Using the Cloud in Travel’ designed to help organizations explore how to build cost-effective architecture in the cloud including the licensing and delivery models that can optimize savings. The interactive session, which begins at 10 AM on Thursday, February 23rd, will be moderated by Glenn Watson, Business Solutions Manager of the Advantage Focus Partnership. Other expert panelists include Brian Mebourne, Senior VP of Technology, Open Destinations and Alex Bainbridge, founder, and CEO, The Spontaneous Travel Company.

At the event, Cornerstone plans to showcase TravelOptix™ – a next-level analytics platform that allows TMCs to customize their own visualizations, data sources, and viewing device to uncover insights that help drive value internally and externally. The intuitive platform enables TMCs to optimize their business as well as regulate their policies and spend using rich dashboards, simple menus, and interactive analytics. Cornerstone will also be demonstrating its entire award-winning enterprise suite of business automation solutions that enhance travel from every touch point at booth #T81.

Said Mat Orrego, “TTE comes at a time when TMCs are thinking about how best to invest their resources to remain competitive and profitable. With the focus for 2017 likely to remain firmly on leveraging technology to optimize travel experiences and the bottom line, we are looking forward to sharing how our innovative solutions can help them drive customer engagement, productivity, and performance.”

To pre-book a demonstration with a Cornerstone expert contact ask@ciswired.com or call +1 812 330-4361 in USA/North America and +44 33 0808-0139 in UK/Europe.

For more details on the Cocktails and Canapés reception and to register, click here.

 

About Cornerstone Information Systems

Cornerstone™ Information Systems is a global technology and services provider that has a unique domain knowledge in the travel industry, from how travel is operationalized to how information is managed. With a foundation in automation, we design, build, and deliver technology for travel companies and corporate buyers. We help our partners manage their process and information, to drive better decision making. Cornerstone has a single focus on travel data from the management of the reservation to the creation and presentation of information. The result is higher quality customer service and more nimble operational responsiveness at a lower cost with fewer resources yielding higher profit. We are people-centric, service-focused, and technology driven.

Companies managing more than $25 billion in travel spend annually trust Cornerstone to help them proactively lower the costs of travel management and drive revenues through travel optimization. Founded in 1992, Cornerstone Information Systems is a privately held company headquartered in Bloomington, Indiana with customers in more than 50 countries. To learn more, visit ciswired.com 

Unless indicated otherwise, all trademarks and service marks herein are trademarks of Cornerstone Information Systems Inc. or an affiliate thereof.