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Mumbai, 23 April, 2014: In a bid to help airlines easily evaluate their interline performance, Accelya – a leading provider of airline financial and business intelligence solutions to the airline industry, has launched eSpin™.
Interline business is an important source of revenue for airlines, but high rates of billing rejections, overbilling and settlement delays are common. This has major cost implications and airlines have no way of measuring this impact.
Web-based and easy to use, eSpin helps airlines scientifically evaluates interline billing and bring greater efficiency into their operations.
“With eSpin, airlines can now measure their interline performance across the billing lifecycle. They can accurately measure the time to bill, cost of delay, cost of handling rejections and its impact on the net cash flow”, said Mr. Gopal Shettigar, Senior Vice President – Airlines SBU, Accelya Kale Solution Limited
eSpin enables airline interline managers to evaluate interline performance at their fingertips. It provides reports on key performance indicators including billing values, net cash flow, cost of rejections, time to bill and the financial impact of the same.
eSpin offers interline billing information on a dashboard, provides analytical insights into billing and rejection trends, helps determine the health of interline billing and enables identification of partner airlines that bring maximum value to the network. It also provides information on partners’ performance that can be used to negotiate better terms.
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