Bookit
Bookit is a short-break specialist for hotels and holiday parks, with market-leading positions in the Netherlands and over a million visitors a year. It operates a portfolio of websites, with Weekendjeweg.nl the best known, alongside Bungalows.nl, Weekendjeweg.be and Kerstmarkten.nl.
The challenge
A market leader processing well over a million bookings a year runs serious payment volume, and at that scale the PSP contract deserves real scrutiny. Bookit’s online payment solution had never been benchmarked against the market, leaving open the question of how much its annual PSP spend could come down.
The approach
EcomStream ran an extensive benchmark of Bookit’s existing online payment solution, analysing the payment processes in detail to pinpoint where it could improve. Those insights drove the renegotiation with the payment providers, turning hard benchmark evidence into materially better terms rather than a negotiation based on guesswork.
The outcome
The renegotiation delivered savings of more than 30 per cent on Bookit’s annual PSP spend, with an immediate impact on the operational result and on profitability per transaction. A data-driven approach turned the payment setup into a leaner, more cost-effective one, straight to the bottom line.
“Ramon did a great consultancy job with us. He analysed our Payment Service Provider (PSP) contract and led the way forward to renegotiate our contract. The outcome led to a considerable savings of >30% on our annual spend with our PSP. Ramon proved in depth actionable knowledge which helped us tremendously. I would recommend his services to anyone trying to save money with his PSP. Above all Ramon is keeping his promises and no need for chasing, he is the proactive type.”
Karel Vos
Managing Director, Bookit
