Non-transport and miscellaneous billing accounts for 8%–10% of airline revenue for network carriers. This revenue stream is particularly important for airlines because it is recession-proof and has stable margins. But there’s often no standardization for this channel, which hurts airline profitability and cash flow.
FinesseMBS is a simple, SIS-compliant platform that streamlines all airline miscellaneous receivables and payables. Using a single, integrated invoicing and settlement process, it improves productivity by reducing manual work, increasing invoicing speed and minimizing errors and revenue leakage.
Automate your invoicing and settlement process across all business units. This means saving money (with fewer errors) and saving time (with faster invoicing). Of course, it is all compliant with IATA’s SIS standards for inward and outward billing, and has the flexibility to accommodate future changes.
By integrating invoicing systems and automating many processes, you reduce the manual labor component of billing. This cuts down on 30%-60% of manual work and rework. Plus, the onboarding process is easy and flexible; FinesseMBS interfaces with existing systems, including Excel, SAP, Oracle, PeopleSoft and legacy systems.
See how flybe automates automates invoicing and settlment processes.We give you the option to implement individual modules, such as inward billing or outward billing. Or, if you want, you can choose engines such as workflow, accounting and contract management, and customize them according to your unique requirements.
Manage miscellaneous billing with a powerful contract management engine that reduces rejection rates and prevents revenue leakage. FinesseMBS is pay-per-use, so you don’t have to worry about infrastructure and licensing. Use built-in interfaces and connectors to save time and money on customization.
See how Biman Bangladesh Airlines takes control of non transport revenue.“We process a high volume of inward and outward miscellaneous invoices. The automation and workflow in FinesseMBS has helped us substantially reduce time and costs. We have been extremely pleased with the professionalism and level of support received from the Accelya team.”
- Stephen Griffiths, Head of Revenue Accounting, Flybe
"Being the flag carrier airline of Bangladesh, we have considerable inward and outward billing volumes for miscellaneous services. Therefore, getting SIS compliant was a priority. We found FinesseMBS an ideal fit because it not only helps us achieve SIS compliance but also enables us to automate our current manual billing processes and enforce appropriate financial controls.”
- Mizanur Rashid, Deputy General Manager – Revenue, Biman Bangladesh Airlines Limited
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