Amadeus has announced British Airways has become the first airline to sign for its new Passenger Revenue Accounting solution.
BA will benefit from Amadeus’ user-friendly, web-based system, which employs state-of-the-art technology in order to transform revenue accounting from a labour-intensive task to a fast, flexible strategic function.
Amadeus Passenger Revenue Accounting is designed to help airlines increase revenue, reduce operational costs, and make revenue decisions more quickly and accurately.
Whereas current passenger revenue accounting processes are often slow to recognise and process revenue, Amadeus’ new system offers real-time, largely automated data acquisition and processing.
British Airways is scheduled to migrate to the new solution in early 2014 and will benefit from the solution’s full integration with the Amadeus Altéa solution, of which British Airways is a significant and long standing customer.
“The removal of paper documents from the passenger distribution process provides the opportunity to bring revenue accounting closer to the operational functions.
“We have been looking for a passenger revenue accounting system that takes maximum advantage of this opportunity, and the solution agreed will be delivered inpartnership with Amadeus,” explained Gyorgyi Szantner, head of finance services, British Airways.
“We believe it will enable us to transform passenger revenue accounting from a ‘back office’ function to a ‘front-end’ activity, providing real time visibility across the airline including our operational colleagues on how well the airline is performing.”
Amadeus’ Passenger Revenue Accounting solution responds to the airline industry’s requirements for a fully integrated, fully scalable, paperless solution that is adaptable to support partnership agreements such as alliances, joint ventures and mergers, while complying with new market or industry trends such as electronic miscellaneous documents or simplified interline settlement.