Passenger revenue accounting application

ITC Infotech’s ‘Passenger Revenue Accounting Application’ helps airlines manage the controlling, reporting, usage and accounting of tickets, MCOs, excess baggage tickets and other accounting-related documents. Our application validates all transactions, and initiates recoveries where under-collections or errors have occurred. It also minimizes opportunities for fraud through audits, and identify circumstances in which a fraud may have taken place. One of the key features of our application is to deliver fast and accurate passenger revenue and segment data to top management and management information systems.

• Maximise revenue
  • Provide accurate and timely revenue information for performance management
  • Effective and efficient revenue analysis to assist in planning and decision making
  • Minimise revenue leakages
• Minimise costs
  • Low unit cost and low ‘Total Cost of Ownership’ of passenger revenue application
  • Efficient business processes
  • Optimal use of network-wide resources
• Optimise cash flow
  • Ensures timely, accurate commercial and interline billing
  • Management of agents reporting cycles
  • Effective control of interline payables
• Regulatory compliance
  • Facilitates audits
  • Transparency of information
  • Appropriate internal control environment