Transforming Revenue Accounting Operations
Navitaire's PRA System offers a transformative solution for airlines looking to elevate their revenue accounting operations. By utilizing this advanced information center, airlines can streamline their processes and enhance efficiency.
Key Benefits and Features
The PRA System by Navitaire provides a range of benefits for airlines, including support for higher revenues, enhanced accounting controls, increased accuracy, and the ability to capture crucial intelligence. With automated data capture and advanced analytics, airlines can make informed business decisions to drive growth.
Automated Billing Calculations
One of the key features of the PRA System is its ability to identify and automate complex interline billing and proration calculations. This automation not only saves time but also ensures accuracy in revenue accounting processes.
Revenue Information and Analytics
Airlines can leverage the PRA System to generate detailed revenue information and access powerful analytics tools. The control dashboard, ad hoc query creation, and scheduled reporting processing enable airlines to derive actionable insights from their data.
Industry Standard Compliance
The PRA System ensures compliance with industry standards by offering pricing and proration models that support IATA weighted miles, provisos, and various special prorate agreement terms. Additionally, the system's centralized accounting module and integrated solution simplify accounting processes.
Efficiency and Cost Reduction
By centralizing revenue and liability accounts and automating key processes, airlines can significantly reduce transaction costs, enhance workflows, and improve overall efficiency. The system's e-billing platform also facilitates compliant settlement of interline transactions.
Future-Ready Solutions
Navitaire's PRA System is designed to equip airlines with future-ready solutions, helping them adapt to the evolving landscape of revenue accounting and stay ahead of industry trends. The system is compatible with industry proration and tax reference data services, ensuring ongoing compliance and efficiency.