A Lost Revenue Recovery Service
"Providing airlines with Interline Archeology to help find lost revenues in the interline processes".
The global airline industry has extremely complex processes to collect revenues from interline partners even with special agreements in place, the process is tedious and complicated. Airlines rely on systems to validate correctly their portion of an interline segment, however, more than often, the systems in place must be constantly updated to manage the continuous changes in the industry.
Typically airlines must rely on accounting software that is provided by third parties. These systems must be continually updated to remain current with new data on fuel surcharges, taxes and other add-ons and fees. The same software must assist the revenue accounting staff that reviews inter-airline charges to determine the accuracy of such billings.
What is Interline Archeology?
As the name suggests, “interline archeology” (InterArc) is all about digging up lost treasures. In this case the treasure to be recovered is interline revenue that has been lost to undiscovered over billing inaccuracies. What’s more, if it’s not retrieved within six months it will likely stay buried forever.
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Migrating Revenue Accounting Systems? InterArc can help the migration...
