Company updates British Airways Signs Up For Amadeus’ New Revenue Accounting Solution by GTP editing team 13 November 2012 written by GTP editing team 13 November 2012 0 comments Share 0FacebookTwitterLinkedinWhatsappEmail 25 Amadeus Passenger Revenue Accounting enables real-time revenue monitoring for faster, more accurate revenue decisions Amadeus, a leading travel technology partner and transaction processor for the global travel and tourism industry, recently announced that British Airways has become the first airline to sign for Amadeus’ new Passenger Revenue Accounting solution. British Airways will benefit from Amadeus’ user-friendly, web-based system, which employs state-of-the-art technology in order to transform revenue accounting from a labor-intensive task to a fast, flexible strategic function. Amadeus Passenger Revenue Accounting is designed to help airlines increase revenue, reduce operational costs, and make revenue decisions more quickly and accurately. Whereas current passenger revenue accounting processes are often slow to recognize and process revenue, Amadeus’ new system offers real-time, largely automated data acquisition and processing. British Airways is scheduled to migrate to the new solution in early 2014 and will benefit from the solution’s full integration with the Amadeus Altéa solution, of which British Airways is a significant and long standing customer. Amadeus’ Passenger Revenue Accounting solution responds to the airline industry’s requirements for a fully integrated, fully scalable, paperless solution that is adaptable to support partnership agreements such as alliances, joint ventures and mergers, whilst complying with new market or industry trends such as electronic miscellaneous documents or simplified interline settlement. As the latest addition to Amadeus’ rich portfolio of airline IT products, Amadeus Passenger Revenue Accounting demonstrates the organization’s ability to supplement the core Altéa suite with value-added IT solutions. Amadeus Passenger Revenue Accounting is available to all airlines wishing to implement a new passenger revenue accounting solution, and can be integrated with the rest of their passenger services applications. For more information about Amadeus Passenger Revenue Accounting, please visit the Amadeus Airline IT website. Follow GTP Headlines on Google News to keep up to date with all the latest on tourism and travel in Greece. Share 0 FacebookTwitterLinkedinWhatsappEmail GTP editing team This is the team byline for GTP. The copyrights for these articles are owned by GTP. They may not be redistributed without the permission of the owner. previous post Athens Showed Its Best At WTM 2012 next post Nature Festival Focuses On Crisis You may also like Greece’s Hotel Market Sees Major Investments Over Four Months 5 February 2025 Celestyal Celebrates Valentine’s Day with Free Cabin Upgrades 5 February 2025 Flisvos Beachfront Apartments Offers Seaside Stays on Skopelos Island 4 February 2025 ITA Airways Unveils New Commercial Benefits as it Joins Lufthansa Group 4 February 2025 HotelBrain Expands with 10-Year Lease of Dion Palace Resort & Spa 4 February 2025 SKY express: Free Tickets for Children, Teachers on All Santorini-Athens Flights 4 February 2025