Streamline Revenue Accounting with Navitaire's SkyLedger Solution

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Streamline Revenue Accounting with Navitaire's SkyLedger Solution

Automated Solutions for Revenue Accounting

Navitaire's SkyLedger Revenue Accounting offers a seamless, automated solution to simplify revenue accounting processes for hybrid air carriers and rail companies. By leveraging this cost-effective hosted solution, organizations can automate critical functions, streamline reporting, improve decision-making, and scale up easily as business complexity grows. The system allows instant recording of reservation and flight activities, reconciliation of booking data with sub-ledger transactions, and offers drill-down reporting for a comprehensive audit trail.

Tailored for Hybrid Carriers

SkyLedger is the only revenue accounting system specifically designed for hybrid carriers, offering unparalleled flexibility. It supports ticketless transactions for direct channels and ticketed transactions for GDS or interline activities. The system feeds booking activities and flight closures in near real-time to accounting sub-ledgers and integrated non-PSS systems, ensuring accurate sales monitoring and revenue integrity. Additionally, it simplifies reconciliation processes between bookings and general ledger transactions with settlement providers like ARC, BSP, IDEC, and IS-IDEC, enhancing financial transparency and control.

Enhanced Financial Decision-Making and Monitoring

With SkyLedger Revenue Accounting, businesses can effectively capture financial events within Navitaire's reservation system, including transactions related to bookings, vouchers, credit shells, and other accounting details. The system provides live dashboards and reporting tools for real-time analysis, allowing users to extract standard or custom data to support key financial decisions. It also integrates effortlessly with non-PSS data sources, enabling seamless collaboration between revenue accounting and settlement data sources not part of Navitaire's core systems.

Seamless Integration and Business Intelligence

Navitaire's SkyLedger solution includes automated feeds to ERP systems, enhancing enterprise resource planning capabilities with comprehensive reservation and flight activity data. Organizations can leverage business intelligence tools to further customize and format financial data into reports, tables, charts, or graphs. The system's integration with third-party query toolsets empowers users to extract actionable insights from complex financial data, driving informed decision-making and strategy development.

Empowering Revenue Management

By choosing Navitaire's SkyLedger Revenue Accounting, organizations can streamline revenue management processes, optimize revenue integrity, and facilitate seamless data-driven decisions. The solution's user-friendly interface, advanced reporting capabilities, and integration with ERP systems enable businesses to stay ahead in a competitive market environment. From capturing financial events to generating detailed reports and analytics, SkyLedger empowers organizations to drive growth, enhance financial controls, and ensure compliance in revenue accounting practices.

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