Revenue Accounting Overview
The airline accounting is uniquely complex, airlines need to manage revenue from direct and indirect sales channels, interline and code-share partners. Thus tracking and analyzing revenue flows from multiple sources within a limited timeline can be challenging.
Crane Revenue Accounting (Crane RA) is a next-generation software, which covers all needs of airline revenue accounting professionals, to increase speed and accuracy of their daily operations. Airline Revenue Accounting (Crane RA) simplifies processes, decreases costs and prevents errors by enabling an automated sales data transfer and reducing manual processes.
The smart system consolidates and processes all airline sales data including GDS sales, interline, code-share and provides accurate and fast sales and revenue analysis. Crane RA allows airlines to get a full view of passenger revenue streams and maximize their profits. Scalable design and extended functionality of Crane RA (Revenue Accounting) enables easy adaptation to airline industry changes, aviation business needs and growth in data volumes.
Airline Revenue Accounting (Crane RA) offers real time revenue data by loading daily BSP, SAC and Ret files into the system and prorates the transactions automatically.
With user-friendly graphical web interfaces, Crane RA (Revenue Accounting) reduces the need for experienced staff, training costs and training time.
Airline Revenue Accounting system (Crane RA) offers extensive management since it reports both detailed and summarized information using ticket, coupon, flight, sales and agents data.
Crane RA is RET 20.3, HOT 20.3, HOT 22.0 compliant and has its own detailed LIFT file format for electronic coupon. With an interface that uses an automated proration engine, airline interlining and coupon related processes are done within Crane RA (Revenue Accounting) with high quality results.
- Sale Processing
- Master Data Management
- Operation Management
- Sales transactions
- Coupon usage data
- Interline transactions
- Integrated automatic functions
- Data transfer
- SIS compliant incoming/outgoing invoicing
- Paperless biling
- Extensive agreement coding (SPA, CS)
used by airlines across Europe, Asia and Africa
substantial improvement on decision making processes