ASIA Travel Tips.com

Surge in Demand for Mercatorís RAPID Revenue Accounting Solution

Search ASIA Travel Tips .com Latest Travel News Send to Friend Thursday, 7 May 2009

Mercatorís RAPID revenue accounting solution has experienced an upsurge in demand during the last financial quarter, with a number of airlines signing new contracts for the first time with the Dubai-based business technology provider.

Tunis Air, Sudan Airways, Air Algerie, Sri Lankan, Garuda, Etihad and West Jet have all selected RAPID to manage their revenue accounting, as they seek innovative ways to streamline their businesses and reduce costs in these challenging economic times.

In Africa, Tunis Air has successfully cut over to RAPID passenger revenue accounting, the very first customer to go live on an Application Service Provider, (ASP) model. During this process, the application is hosted by Mercator in their Dubai offices and accessed by the Tunis Air revenue accounting team in Tunisia via a secure internet connection.

Sudan Airways, the national carrier of Sudan, recently selected Mercatorís RAPID passenger and cargo revenue accounting system to help the airline meet current economic challenges facing the industry. Mercator will initially provide an outsourced bureau service while simultaneously training the Sudan Airways revenue accounting team to operate the system.  Then, once the Sudan Airways team feels sufficiently confident to take over, the processing system will move from Mercator to the clientís offices in Khartoum.

Sudan Airways, which operates a fleet of 15 aircraft to 20 destinations, will benefit from several key features of the solution, including revenue maximisation through accurate, timely billing and verification and a reduction of processing costs through the enhancement of productivity.

Air Algerie has also recently gone live with RAPID Passenger and began processing data in March. Air Algerie also uses Mercator's MARS (Mercator Airline Reservation System) system and reservation data is seamlessly interfaced to RAPID. Closer to Mercatorís Dubai offices, the U.A.E.ís Etihad airline recently upgraded their platform to a higher version of RAPID.

In the Asia Pacific region there have been two successful completions of RAPID projects. Sri Lankan has migrated to a new release of the product and Garuda, the national carrier of Indonesia, has implemented both the RAPID passenger revenue accounting and RADAR - the Management Information System, (MIS) provided by Mercator.

 WestJet, Canada's leading high-value, low-cost airline, has signed up for Mercatorís RAPID Bureau Interline Solution hosted in Dubai. The airline is predicted to make significant cost savings by outsourcing the processing of passenger coupons and cargo air waybills to Mercator, smoothing the impact of production Ďspikesí on their cash reserves. The payment of a simple, single transaction fee per coupon processed by the Mercatorís Outsource Centre, assists the airline in its financial planning. The advantages for WestJet will include the swift determination of revenue, boosted productivity and efficiency, greatly reduced accounting costs and refined processes. The carrierís executives will also be armed with incisive management reports, giving them the more confidence to make tactical decisions and giving them the ability to formulate long-term strategies. 

See other recent news regarding: Airlines, Aviation, Flights, First Class, Business Class, GDS, Miles, Hotels, Promotions, New Hotels, Visitor Arrivals, Cruises, Free Deals, Mercator, Emirates, Dubai


Subscribe to our Latest Travel News Daily Email Free of Charge by simply entering your email address above, or return to the Latest Travel News Asia main page to see all the latest headlines. You can also s
tay updated with our RSS Feed Free Travel News RSS Feed and even add the travel news to your website. Have questions? Please read our travel news FAQ.
     
HD video of a Deluxe Room, Regency Club Room and a Suite at the Hyatt Regency Hua Hin and The Barai in Thailand Golf: Hyatt Open 2014 in Hua Hin (Thailand) Raises Over 1.1 Million Baht This exclusive HD video interview with Mr. Vincent Hoogewijs, Regional Vice President and General Manager of the Four Seasons Hotel Bangkok, took place on 2 May 2014
Hyatt Regency Hua Hin Hyatt Open 2014 Four Seasons Bangkok
Making a Difference: Hansar Hotels and Resorts' CSR Initiatives - Interview with CEO HD video tour of a Sea View and a Sea View XL Room at the luxurious Hansar Samui in Thailand ATR Demonstrates 72-600 Flight Simulator During Singapore Airshow 2014
Hotel CSR Hansar Samui ATR Simulator
Anantara Bangkok Riverside - Exclusive HD Video Interview with GM, Nikolaus Priesnitz GECAS to Lease 10 New Boeing Aircraft to Myanma Airways An exclusive HD video interview about the elegant Airbus A350 XWB with David Velupillai, Marketing Director for Airbus Corporate Jets at Singapore Airshow 2014
Anantara Riverside Myanma Airways Airbus A350
Inside Qatar Airways Boeing 787-8 Dreamliner - HD Video It takes 800 workers between 65 and 80 days to assemble, install, test, paint, furnish and deliver an Emirates Airbus A380. Showers, Bars, Lounge - The Emirates Airbus A380 Has Them All - HD Video Tour Thai Airways International Takes Delivery of Brand New Boeing 777-300ER
Qatar Airways B787 Emirates A380 Thai Airways B777-300ER
Latest Travel News
Advertising
Advertising
Contact Details | Privacy | About Us | ASIA Travel Tips.com © Copyright 1997 - 2014 - ASIA Travel Tips.com - All rights reserved