TravelNewsAsia.com

Surge in Demand for Mercators RAPID Revenue Accounting Solution

Travel News Asia Latest Travel News Podcasts Thursday, 7 May 2009

Mercators 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 Mercators 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 clients 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 Mercators Dubai offices, the U.A.E.s 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 Mercators 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 spikes on their cash reserves. The payment of a simple, single transaction fee per coupon processed by the Mercators 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 carriers 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: Travel News Asia, Mercator, Emirates, Dubai

Subscribe to our Travel Industry News RSS Feed Travel Industry News RSS Feed from TravelNewsAsia.com. To do that in Outlook, right-click the RSS Feeds folder, select Add a New RSS Feed, enter the URL of our RSS Feed which is: https://www.travelnewsasia.com/travelnews.xml and click Add. The feed can also be used to add the headlines to your website or channel via a customisable applet. Have questions? Please read our Travel News FAQ. Thank you.

     
Advertising
Advertising
Copyright © 1997-2024 TravelNewsAsia.com