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Innovative accounting to save businesses money
Sydney based entrepreneur optimises business expenses for frequent flyer points
Founder of iFLYflat, Steve Hui, is an accountant now specialising in maximising frequent flyer points to achieve optimum value. He has developed a business strategy to save members $2000 to $12 000 per trip with his personalised points accumulation techniques to book a life-changing flight in premium class opulence.
“We are experts with understanding the sweet-spots and terms and conditions of each frequent flyer and credit card program in order to extract the best value in strategies tailored to our member’s needs and lifestyle,” says Hui.
“We take the hassle out of all the frequent flyer programs, and we consider and number crunch to get you the best value earned from business and personal expenses so you can fly where you want, how you want.”
Regular expenditures of small and medium businesses are assessed by iFLYflat and tailored to accumulate frequent flyer points to reward the member with premium class flights.
Hui is an expert in efficiently using points to books top quality seats, similar to a concierge service, saving the businessman time and money. He maximises value when booking premium class air tickets, making each point equivalent to 4 to 8 cents. Over 1000 per cent more value can be achieved than redeeming the points for gift cards of electronics.
With its fast track program, iFLYflat can help compensate for shortfalls in points, secure First and Business class seats at half the retail price and use alliance partnerships to the benefit of the member.
“Members save money when flying with points rather than paying retail prices,” says Hui. “They use their points to book a premium class, arriving refreshed and ready for work or leisure. They have the ability to use points to redeem something rewarding and to experience the luxury, pampering and delight of flying in First or Business class.”
With the launch of the Qantas Acquire scheme in March 2014, it is now possible for both the individual and company to earn points. More points equals greater savings and rewards.
“The Qantas Acquire program is all about the business turning their business travel and business expenses into points,” says Hui. “Businesses will be in a position to earn more Qantas Frequent flyer points.
“While earning more points is always good, the benefits come from utilising those points in the most efficient or most valuable way.This is where iFLYflat can help businesses, by advising how, when and what form to get the most out of their overall points.”