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”.

– REVERA PRA to help Thai Airways streamline their passenger revenue accounting process

Barcelona, Mumbai, New Jersey | January 9, 2013– Accelya Kale Solutions Limited, part of the Accelya Group – a leading solutions provider to the Airline and Travel industry, today 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®.

Air Berlin PLC opts for Kale’s REVERA® for Passenger Revenue Accounting

Mumbai, June 8, 2010 – Kale Consultants Ltd, the leading solutions provider to Airline, Airports, Logistics and Travel (AALT) industry, announced that Air Berlin PLC, Germany’s second largest airline, has selected Kale’s REVERA® solution for its passenger revenue accounting requirements.

Air Berlin, Europe’s sixth largest airline, is a hybrid airline with its offering strategically positioned between the traditional scheduled airlines and the so-called low-cost carriers. Air Berlin’s revenue accounting requirements differ from those of traditional carriers and need special attention in terms of demands from internal departments. Kale’s passenger revenue accounting solution REVERA® possesses enhanced features like daily revenue reporting, modules for invoicing & ancillary revenues, inbuilt dashboard etc. which will enable Air Berlin to deal with the most complex revenue accounting requirements and help it implement industry best practices to proactively adapt to dynamic market conditions.

Speaking on the occasion, Andrea Schultz, Head of Revenue Accounting, Air Berlin PLC said, “Air Berlin is on the path to growth and the use of the right technology is of utmost importance in our endeavor to be the best. Passenger revenue accounting is a critical part of our operations and after examining various revenue accounting solutions available in the market, we found REVERA® as the best solution matching our requirements.”

“I am delighted that Air Berlin has chosen REVERA® for their passenger revenue accounting requirements. We are pleased with this win and believe that this is just the beginning of a long and fruitful partnership with Air Berlin. REVERA®’s enhanced capabilities make it one of the most comprehensive and advancedpassenger revenue accounting solutions available in the market today. Features like dashboard, integration with refund management, enhanced reporting capabilities give a definite edge to the airlines in these difficult times.” said Ravi Chakravarty, SVP & Head Sales – EMEA & Asia Pacific, Kale Consultants Ltd.

REVERA®, Kale’s new generation passenger revenue accounting solution, 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 function from a transaction processing environment to a strategic tool, thus empowering airlines to devise competitive strategies to succeed in the marketplace. The components of REVERA® are functionally capable of working either in a stand-alone mode or can be integrated with other systems used by an airline. It can be flexibly deployed in a Hosted, Licensed or Outsourced environment. REVERA® is powered by the industry leading proration engine APEX®.