Are you concerned about how to improve your Revenue Accounting processes?

Transcription

Are you concerned about how to improve your Revenue Accounting processes?
Are you concerned about how to improve your
Revenue Accounting processes?
Leverage the Right Solution, Improve Process Efficiencies.
Airlines across the world have to operate on tight schedules with pinpoint accuracy for detail. Every activity is crucial and
critical to run the business successfully. At the core is the objective of being profitable which can be enabled by right sizing
the operations staff to maintain and run systems. Passenger Revenue Accounting (PRA) is one such non-core functional
process which is critical to Airline operations. It plays a vital role to accurately & timely manage all the activities across the
revenue cycle while enhancing the process efficiencies.
NIIT Technologies is a leader in providing business enabling IT solutions to the Airline industry. It offers Integrated Revenue
Accounting solution which includes Revenue Accounting product, hosting services along with Revenue Accounting Bureau
Services, from different locations in the world. With an enviable track record backed by Six Sigma driven process maturity rigor,
the organisation has helped manage the Revenue Accounting needs of various Airlines. At the core of the offering is deep
industry domain expertise that complements the innovative use of technology to achieve the desired business outcomes.
“Before our partnership, Air Namibia employed 14 staff in Revenue Accounting and was with a Sales and Revenue
processing backlog of 7 months. As a result of outsourcing our processes, we managed to eliminate the backlog and
reduce staff to only two, resulting in both cost savings and on time reporting.”
Franchia Menjono
Revenue Accounting Manager, Air Namibia
Integrated Revenue Accounting Solution for
Airlines (IRASA)
NIIT Technologies’ Integrated Revenue Accounting
Solution empowers Airlines with a feature rich, business
analytics driven engine that enables increased efficiencies
through accurate and timely revenue accounting.
Integrated Revenue
Accounting Solution
Revenue
Accounting Product
Our Expert’s
Services
Hosting
NIIT Technologies provides clients with the flexibility of
choice in terms of how IRASA can be leveraged. You can
secure the platform or get the experts to work on your
product or tap the solution through a hosted service or
leverage the benefit from all of them.
Our flexible engagement model is based on the ‘Passenger
flown’ so its cost associated is proportionate to the number
of passengers flown.
The Integrated Revenue Account Solution includes:
Revenue Accounting Product: A comprehensive
proprietary product for passenger revenue accounting with
the relevant business functionality for the industry.
Experts’ Services: Offered through a dedicated pool of
airline industry experts, this service can be leveraged for
doing whole as well as parts of Revenue Accounting
Bureau Services, notwithstanding the platform in use.
Hosting: The hosting services eliminates Capex and
provide the business functionality for use.
Our best in breed Revenue Accounting product supports
Sales Data Management & Processing, Fare & Sales Audit,
Flown Document Handling & Processing, Interline Billing,
Sales Based & Fully Automated Proration, Clearance &
Reconciliation, Sampling and Rejection Handling, amongst
others.
Solution Features
• Modular and Scalable Solution that can grow as
Airlines expand operations
• Simple, Easy-to-Use System with comprehensive
Revenue Accounting functionalities
• Our close collaboration with IATA for future RA
practices
Hassle free & Timely Updates/ Upgrades
• Competent professional team of knowledgeable
experts responding to client requests & requirements
on time
Business Impact
NIIT Technologies’ IRASA offers the following benefits by
providing a sharper focus on the core business:
• Cash Flow Improvements through the detection of
Unrealized Revenue
• Minimizes Revenue Leakage
• Outsourcing helps airline to use crucial time for their
core operations
• Reduced Turnaround Time
• Greater ROI & Risk Reduction: Driven by depth of
experience
• Process & Solution Effectiveness Improved
Efficiency
• Reduced Employee Training, Retention & Turnover
Issue
• Assured Regulatory Compliance through Information
Transparency
• System generated reports helps management in
Strategy Planning
NIIT Technologies’ Advantage
NIIT Technologies is a global sourcing organisation,
providing services to customers in Asia, North America,
Europe and Australia. Our focus on select industry verticals
in Travel, Transportation & Logistics (TTL), Banking,
Financial Services & Insurance and Retail & Distribution has
helped us create differentiation through specialisation.
NIIT Technologies has gained extensive competence and
experience in the TTL business by working with leading
airlines, airports, travel distribution and logistics
companies. Our technology expertise and business
understanding ensure efficient, scalable, secure and
robust solutions that are tailored to the needs of our clients.
NIIT Technologies Limited was Ranked #1 in the Travel
Sector by the Black Book of Outsourcing twice in a row in
2008 and 2009.
Partner with NIIT Technologies to align your IT goals
with your business objectives.
NIIT Technologies Ltd.
B-1/H-9, MCIA, Mathura Road
New Delhi - 110044 (India)
Phone
: +91 (11) 4057 0700, 701
Fax
: +91 (11) 4057 0933
Email
: [email protected]
Website : niit-tech.com