Today, the airline companies are adopting various measures to reduce resource and processing expenses; however, they are still losing significant revenue due to inefficient interline billing procedures. Industry estimates show that at least 1 - 2% of revenue dilution is due to weak interline agreements and billing processes. Arresting revenue leakage from this avenue will have a direct impact on the bottom line of the airlines business.
WNS' proprietary proration engine SmartProSM can prove to be a one-stop shop to address the revenue accounting challenges faced by the airlines industry. It's a first-of-its-kind, sophisticated, fully-automated, web-enabled proration engine solution that offers the advantage of advanced analytics.
In addition to proration, SmartProSM has a revenue recovery feature in the form of the 'What-If' Analysis tool. The 'What-If' Analysis feature supports airlines in decision making, setting up better proviso, bilateral agreements, and SPAs; thus, improving airline yield.
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Best 5 companies by Industry focus: Air Transportation - IAOP Global Outsourcing 100 (2009, 2014)
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