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Kale Consultants Ltd., a leading solutions provider to airline and travel industry, announced that Turkish Airlines, has selected Kale’s passenger revenue accounting solution Revera to support their passenger revenue accounting process.
Speaking on the occasion, Mr. Huseyin Bagriyanik, Senior Vice President, Accounting, Turkish Airlines said, “At Turkish, we have aggressive growth plans and require a PRA system that is scalable, flexible and built on modern technology. We are convinced that Revera is the ideal solution for our requirement and will aptly support our business goals.”
Revera will enable Turkish Airlines to:
1. Scale up its revenue accounting process to support business goals
2. Report revenue figures on daily basis
3. Accurately process all interline billings to ensure quicker revenue recovery
4. Aid business with revenue intelligence for better decision making
5. Ensure industry compliance including IATA’s Simplified Interline Settlement (SIS)
6. Improve efficiency and reduce overall cost of operations
“We are delighted to have Turkish Airlines on our customer list”, said Mr. Vipul Jain, CEO and Managing Director, Kale Consultants. “We are committed to support Turkish Airlines in their growth plans and I see this engagement as a first step in a long term relationship.”
Revera, Kale’s new generation passenger revenue accounting solution, helps airlines deliver industry best practices to passenger revenue accounting process. It enables airlines to deal with the most complex revenue accounting environments and respond to the demands of the senior management with speed and accuracy. With its powerful business intelligence capabilities and end-to-end functionality, Revera delivers real business value to airlines. It transforms the revenue accounting department from a transaction processing environment to a strategic function with intelligence, thus empowering airlines to devise competitive strategies to succeed in the marketplace.
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.
