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Leader in airline revenue accounting
Accelya has more than 20 years of experience in revenue accounting. We have helped airlines process 537 million revenue accounting transactions and 550 million proration transactions, and identify recoverable revenues worth $ 180 million in audit annually.
As partners to leading industry associations, we are an active participant and contributor in the evolution of the airline industry. Accelya’s large pool of experts understands the complexities of revenue accounting, anticipates industry trends andcollaboratively designs solutions that address diverse revenue accounting challenges.
We understand that airlines operate in a very challenging environment, with weak profits in difficult times. Changing business models, new distribution opportunities, fierce competition, and constant pressure of industry and regulatory compliances are some of the key challenges that impact airlines.
At Accelya, we believe that Revenue Accounting teams need to step up their game. There is need for greater accuracy and risk management controls to keep pace with international standards and audit requirements. Top management and other stakeholders, such as the Commercial teams need not only quick and accurate MIS, but also strategic inputs for decision making. Revenue Accounting can no longer afford to be a back-office function. It has to take on a more strategic role within the airline.
REVERA® is Accelya’s robust and proven revenue accounting platform that provides you with the capabilities to move to the NEXT level. It leverages enhanced workflow features and real-time processing to speed up revenue declaration. A built-in operational and accounting controls framework ensures compliance to risk management standards at all times. Now you can confidently state your revenues with at least 99% accuracy, that too within 24 hours of receipt of data.
REVERA provides strategic MIS required by your stakeholders, in the manner that is most suitable for them. Slice-and-dice tools, MIS dashboard with stakeholder view, and standard & ad-hoc reports provide real-time data based information as well as actionable intelligence.
With its easy to use interface, REVERA works smoothly on all touch friendly devices, a feature unheard of in the industry.
REVERA puts you in the cockpit of revenue accounting in true sense, and takes your function to the NEXT level – across passenger, cargo and airmail.
IATA’s mandate on Simplified Interline Settlement (SIS) has added a layer of complexity to interline revenue accounting. Accelya’s REVERA Interline simplifies and streamlines interline processes. It is designed to help airlines capitalise on the reengineering opportunities offered by SIS. It seamlessly connects with all revenue accounting and financial systems, including legacy.
REVERA Interline is powered by APEX – the industry-endorsed, highly accurate proration engine chosen by IATA.
"Accelya Kale’s role in IATA’s SIS initiative is well known in the industry. We could see a clear business case for us to migrate to their REVERA Interline Service"
- Luis Zelaya
Director – Revenue Accounting