Product News: Software
Cargo Revenue Software streamlines accounting for airlines.
Press Release Summary:
May 8, 2014 - Offered via cloud-based SaaS delivery, Cargo Revenue Accounting (CRA) provides airlines with control and automation of revenue accounting process: air waybill audit and adjustments, revenue determination and proration, invoicing, agent commission, payable and receivable management, and reporting. Solution is designed for real-time integration with third-party cargo systems or Unisys Logistics Management System (LMS). Via latter, users can make use of shared UI, menu structure, and SSO.
Original Press Release
Unisys Launches Next-Generation Cargo Revenue Accounting Solution
Press release date: April 29, 2014
New solution gives airlines end-to-end visibility of revenue accounting process and enables seamless integration with the Unisys Logistics Management System
BLUE BELL, Pa. -- Further enhancing its portfolio of air cargo solutions, Unisys Corporation (NYSE: UIS) announced today a next-generation Cargo Revenue Accounting (CRA) solution designed for real-time integration with the core Unisys Logistics Management System (LMS) or third-party cargo systems.
The Unisys Cargo Revenue Accounting solution provides airlines with control and automation of their revenue accounting process including air waybill audit and adjustments, revenue determination and proration, invoicing, agent commission, payable and receivable management and reporting.
When integrated with the Unisys LMS solution, which is used by leading airlines worldwide to manage their air cargo business, CRA users can make use of a shared user interface, menu structure, and single sign-on that allows them to work seamlessly across both modules as one application. Critical data, such as customer details, currencies, airport details, rates, contracts, and air waybill stock, can be shared and used by both the LMS operational and CRA modules, removing the need for data to be duplicated and maintained across two separate systems.
Offered via a cloud-based SaaS delivery model, the Unisys CRA solution can be shared by airlines to reduce costs compared to an in-house system, and requires minimal customisation to enable fast implementation. Delivery via a SaaS model also helps drives community collaboration among airline clients and enables airlines to respond quickly to constantly changing air cargo industry requirements.
"Unisys LMS clients can benefit from a cargo revenue accounting solution that integrates in real-time with our core logistics operational system to give new levels of visibility into financial information from booking through to delivery and invoicing," said Christopher Shawdon, vice president, Logistics Solutions for Unisys. "Such insight helps cargo operators increase profitability by being able to access revenue information up front to make informed choices about routes and flights, while improving service by generating more accurate air waybill information for customers. This real-time information can also help enhance cash flow by enabling invoicing as soon as export audit criteria is satisfied - three to four days faster than the traditional invoicing process."
Unisys has more than 45 years experience providing advanced, mission-critical IT solutions to the aviation industry. Unisys cargo solutions are used by carriers that move approximately 30 percent of the world's air freight.
Unisys is a worldwide information technology company. We provide a portfolio of IT services, software, and technology that solves critical problems for clients. We specialise in helping clients secure their operations, increase the efficiency and utilization of their data centers, enhance support to their end users and constituents, and modernize their enterprise applications. To provide these services and solutions, we bring together offerings and capabilities in outsourcing services, systems integration and consulting services, infrastructure services, maintenance services, and high-end server technology. With approximately 23,000 employees, Unisys serves commercial organizations and government agencies throughout the world. For more information, visit www.unisys.com.
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