Thai Airways selects Accelya’s REVERA PRA the most comprehensive passenger revenue accounting platform for the airlines industry
MUMBAI – Accelya Kale Solutions Limited, part of the Accelya Group – a leading solutions provider to the Airline and Travel industry, announced that Thai Airways, the national carrier of the Kingdom of Thailand has chosen Accelya Kale’s passenger revenue accounting solution, REVERA PRA, to streamline their passenger revenue accounting process. The solution has been provided on a hosted basis.
Speaking on the occasion, Mr. Thongchai Singhakul, Vice President, Financial Accounting Department, Thai Airways International said, “As a national flag carrier competing in a fast-paced global environment, it is important for us to rely on the best solution.”
REVERA PRA will enable Thai Airways to:
- Streamline their passenger revenue accounting processes
- Minimise processing errors and maximise productivity through automation.
- Report accurate, timely and complete revenue accounting data
- Speed up industry compliance including IATA’s Simplified Interline Settlement (SIS)
- Access accurate, up-to-date and indepth revenue accounting information to support business goals and decision making
- Interface revenue accounting information with SAP and other internal systems
- Reduce cost of operations with transaction based pricing model
“We are delighted to partner with Thai Airways for their passenger revenue accounting requirements. We firmly believe that REVERA will help them in enhancing speed and accuracy in revenue accounting and addressing their business goals.” said Ms. Neela Bhattacherjee, Head – Airlines SBU, Accelya Kale Solutions.
REVERA PRA is the leading and the most comprehensive passenger revenue accounting platform for airlines. It is designed to handle the complexity of revenue accounting with ease. With its powerful business Intelligence capabilities and real time revenue reporting, REVERA delivers tangible business value to the airlines. Its high level of automation minimises processing errors and maximises productivity. REVERA helps airlines implement industry best practices and respond to the demands of their internal customers with speed and accuracy. REVERA is SIS compliant and is powered by the industry leading proration engine APEX.
Vicky is the co-founder of TravelDailyNews Media Network where she is the Editor-in Chief. She is also responsible for the daily operation and the financial policy. She holds a Bachelor's degree in Tourism Business Administration from the Technical University of Athens and a Master in Business Administration (MBA) from the University of Wales. She has many years of both academic and industrial experience within the travel industry. She has written/edited numerous articles in various tourism magazines.
