Unisys has released a accounting solution to give airlines real-time visibility via a Cloud-based Software-as-a-Service delivery model.
The Unisys Cargo Revenue Accounting solution provides airlines with control and automation of their revenue accounting process including airway bill audit and adjustments, revenue determination and proration, invoicing, agent commission, payable and receivable management and reporting.
When integrated with the Unisys LMS solution, which is used by leading airlines worldwide to manage their air cargo business, CRA users can make use of a shared user interface, menu structure, and single sign-on that allows them to work across both modules as one application.
Offered via a Cloud-based SaaS delivery model, the Unisys CRA solution can be shared by airlines to reduce costs compared to an in-house system, and requires minimal customisation to enable fast implementation.
Delivery via a SaaS model also helps drives community collaboration among airline clients and enables airlines to respond quickly to constantly changing air cargo industry requirements.
Unisys logistics vice president, Christopher Shawdon, said clients could now benefit from a cargo revenue accounting solution that integrates in real-time with the company's core logistics operational system to give new levels of visibility into financial information.
“Such insight helps cargo operators increase profitability by being able to access revenue information up front to make informed choices about routes and flights, while improving service by generating more accurate air waybill information for customers. This real-time information can also help enhance cash flow by enabling invoicing as soon as export audit criteria is satisfied – three to four days faster than the traditional invoicing process.”