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