British Airways Signs Up For Amadeus’ New Revenue Accounting Solution
Amadeus Passenger Revenue Accounting enables real-time revenue monitoring for faster, more accurate revenue decisions
Amadeus, a leading travel technology partner and transaction processor for the global travel and tourism industry, recently announced that British Airways has become the first airline to sign for Amadeus’ new Passenger Revenue Accounting solution.
British Airways will benefit from Amadeus’ user-friendly, web-based system, which employs state-of-the-art technology in order to transform revenue accounting from a labor-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 recognize 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.
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, whilst complying with new market or industry trends such as electronic miscellaneous documents or simplified interline settlement.
As the latest addition to Amadeus’ rich portfolio of airline IT products, Amadeus Passenger Revenue Accounting demonstrates the organization’s ability to supplement the core Altéa suite with value-added IT solutions.
Amadeus Passenger Revenue Accounting is available to all airlines wishing to implement a new passenger revenue accounting solution, and can be integrated with the rest of their passenger services applications.
For more information about Amadeus Passenger Revenue Accounting, please visit the Amadeus Airline IT website.