Mumbai | March 4, 2014– Accelya, the leading provider of financial and business intelligence solutions to the Airline industry, today announced that it will manage critical financial processes for Bangkok Airways, Asia’s boutique airline. The scope of services includes the complete Book-to-Cash cycle including passenger revenue accounting, cargo revenue accounting, sales audit, card billing and miscellaneous billing.

The data from the financial processing will integrate seamlessly into Accelya’s EverestAirTM platform, to provide strategic MIS to all stakeholders.

“Accelya will be looking after our financial processes with speed, accuracy and quality standards that are the best in the industry. We see great value in the strategic MIS that we will derive from the integration across financial processes”, saidKhun Viroj Satitharopagorn, Vice President – Accounting, Bangkok Airways

The engagement with Accelya will enable Bangkok Airways to:

  • Integrate critical financial processes
  • Account for all flight revenues through a single provider
  • Declare revenues accurately and on time
  • Centralise and standardise credit card payments
  • Achieve compliance benefits, including SSAE 16 and PCI DSS
  • Get strategic MIS across passenger, cargo, ancillary and miscellaneous revenues

The benefits to Bangkok Airways will be delivered through Accelya’s industry leading solutions: REVERA® NEXT Revenue Accounting, VIVALDI card management, FinesseMBSTM Miscellaneous Billing and Accelya Sales Audit.

Speaking on the occasion, Mr. Vipul Jain, CEO and Managing Director, Accelya Kale Solutions, said, “We are delighted that Bangkok Airways has chosen us as a strategic partner to manage their critical financial processes. There is great value in taking an integrated approach towards the Book-to-Cash cycle for all revenues in the airline – passenger, ancillary, cargo or miscellaneous. We also see huge value in the MIS that can be unlocked by transforming the data into actionable intelligence”.

– Accelya streamlines critical financial processes for bmi regional including Passenger Revenue Accounting, Card Management, Sales Audit and Refunds

Mumbai | February 20, 2013– Accelya, the leading solutions provider to the airline and travel industry, today announced that bmi regional, the British regional airline, has outsourced its passenger revenue accounting, sales audit, refunds, card billing and chargeback processing to Accelya.

“When bmi regional became independent from the bmi Group in June 2012, we needed a partner who could provide us with solutions to our financial requirements within a very tight timescale. Accelya delivered to our needs for both card processing and revenue accounting and enabled us to focus on the key business processes, knowing the areas outsourced to Accelya were in good hands”, said Cathal O’Connell, Chief Executive – bmi regional”

Accelya’s financial solutions will enable bmi regional to:
– Streamline their critical financial processes
– Support decision making with accurate and timely revenue reporting
– Identify sales errors and frauds
– Centralise and standardise card processes
– Streamline and speed up chargeback process
– Manage refunds effectively
– Speed up industry compliance like SIS and PCI DSS
– Get single-vendor accountability
– Reduce cost of operations

The benefits to bmi regional will be delivered through industry leading solutions from Accelya and Accelya Kale: REVERA® PRA solution, VIVALDI card management suite, Mozart refunds management service and Accelya sales audit.

Speaking on the occasion, Ms. Neela Bhattacherjee, Head – Airlines SBU, Accelya Kale said, “We are glad to have partnered with bmi regional to streamline and manage their critical financial processes. With our integrated financial solutions – across passenger revenue accounting, card management, audit and refunds – bmi regional has been able to start operations quickly. We look forward to a long term relationship with them.”

– Sales Audit and Revenue Recover services contract extended for three years

Barcelona, Mumbai & New Jersey | August 23, 2012– Accelya, the leading solutions provider to the airline and travel industries, today announced that British Airways extended its partnership contract with Accelya for Sales Audit and Revenue Recovery services.

British Airways has decided to continue their partnership with Accelya in providing Sales Audit and Revenue Recovery services. The new contract, which takes effect in October 2012, will continue the long standing relationship between British Airways and Accelya for a further three years.

“We are pleased to be extending our co-operation with Accelya” said John Hagan, British Airways Passenger Revenue Accounting Manager. “We have experienced a robust, accurate and reliable service with Accelya over the years. It gives British Airways security that our pricing policies are being enforced and means we can focus on our core activities”.

Speaking on the occasion Artur Farinha, Sales Audit Business Manager, said “We are delighted to extend our partnership with British Airways. The extension underlines the consistent value that we bring to airlines. Direct improvement in profitability by covering revenue leakage sources and diligent customer service are the cornerstones of our service. This has enabled us to become one of the largest providers of sales audit and revenue recovery service to the airline industry.”

Accelya is the leading provider of Audit & Revenue Recovery Services to airlines. Accelya’s audit services span across the ticket lifecycle from original booking through to the completion of the journey. This is supported by comprehensive recovery services — from raising of ADMs to fund collection. Accelya brings a host of unique strengths to its services: broad and maximised leakage detection, ADM accuracy, talented teams and account managers, best practices, advanced technology and innovation. Through proprietary platform, skilled staff and best practices, Accelya ensures maximised recovery and minimised errors. Accelya helps airlines identify over $180 million in revenue leakages annually.