RAPID Cargo is a complete, end-to-end solution for cargo revenue accounting. Packed with powerful functionality, it is designed to give you the clearest view of how your business is performing.
The solution transforms the jumble of data found on every one of your air waybills into a single stream of valuable financial and management information. RAPID Cargo lays down a firm foundation from which you can make informed strategic decisions, build your business and boost competitive advantage.
It is designed to handle the largest volumes of air waybills that are generated by the world's major carriers, and guarantees the protection and enhancement of your bottom line. Processes are streamlined, costs slashed, and efficiency lifted to new levels.
RAPID Cargo's modules work seamlessly together to cover the full range of cargo revenue accounting activity. And what's more, it can be easily integrated with RAPID Passenger for a complete overview of all your operations, generating even greater benefits.
|Enhances your competitive advantage through tried and tested, yet highly innovative revenue accounting processes|
|Delivers powerful management information enabling effective tactical and strategic reaction, through the timely and complete analysis of all aspects of freight revenue|
|Improves cash flows by identifying money due to your airline in the fastest possible time|
|Increases your profits through the swift and accurate determination of revenue earned|
|Protects your bottom line by accurately billing other airlines in the shortest timeframes|
|Cuts the revenue accounting and reporting cycle time|
|Slashes the unit cost of revenue accounting and keeps a lid on overheads|
|Boosts productivity through refined and streamlined processes|
|Ensures that your future needs are met through the use of flexible technology that is scalable and easy to integrate through other systems|
Key System Features
RAPID Cargo delivers an extensive range of reports which can be used for control purposes or for commercial decision making. Choose from a wide selection of ready-made reports, or create your own report through user-definable parameters to best suit the needs of your airline.
To protect the interests of your airline, it is vital that cargo revenue accounting documents are closely monitored. RAPID Cargo offers the following stock management functionality:
|Stock processing from the printer through to the agent|
|Allocation of air waybill numbers for Cargo Accounts Settlement System (CASS) locations|
|Air waybill and agent blacklisting|
|Suite of reports including stock consumption and stock on-hand reports for each location, and a blacklisted documents utilisation report|
Export sales and billing
|Export billing or sales submission mode for specific sales areas|
|Airline office and CASS sales accounting|
|Invoicing of GSAs, agents and airline offices|
|Processing and accounting of Debit/Credit Memos (DCMs)|
|Processing and accounting of Charges Correction Advice (CCA)|
|Sales vs. flown comparison and accounting of revenue adjustments|
|Direct billing of agents based on uplift|
|Tracking of sales and billing cycle processing|
|Capture and accounting of sales returns|
|Automated generation of CCAs and DCMs|
Import sales and billing
|Invoicing of ground handling agents, GSAs, airlines and stations for Charges Collect (CC) air waybills|
|Computation and accounting of CC fees|
|Accounting of import sales reports including collection charges and post-landing charges|
|Accounting of interline provisions for CC collections on behalf of other carriers|
|Reconciliation of collections vs. billings for CC air waybills and accounting of adjustments|
|Direct billing of customers for air waybill and ground handling charges|
|Management of ground handling documents other than air waybills|
RAPID Cargo enables the filing of spot rates and special or market rates with a comprehensive workflow mechanism for approval. The system automatically computes the applicable rates, with a hierarchy of spot rates, special or contract rates and TACT rates, while simultaneously determining the agency commission.
Rate approval workflow and computation
Agreements with trucking companies can be filed in the system to enable the generation of a provisional accounting entry, along with the correct dilution of revenue for the air waybill.
Provision for trucking
RAPID Cargo gives airlines the power to automate the proration process, thereby increasing productivity and efficiency whilst reducing costs and protecting revenues.
|Multilateral Prorate Agreements - Cargo (MPA-C) including factor-based proration, provisos/requirements|
|Special Prorate Agreements (bilateral)|
|Ad-hoc bilateral agreements|
|Proration filing area for testing bilateral agreements, provisos and requirements before transfer to production|
|Re-proration from flown, transfer manifests, sales and inward billing|
RAPID Cargo allows the fast and accurate input of air waybills for every shipment that is uplifted, and quickly evaluates and determines the revenue. Functionality includes:
Uplift and flown processing
|Flight manifest monitoring|
|Net revenue determination|
|Computation of agency commission|
|Provision for interline and trucking sectors|
|Computation and payment of GSA commissions|
|Management of part-shipments|
|Dynamic route matching and simulation|
|Service cargo shipments|
|Accounting for CC air waybills transferred to other airlines|
|Generation and accounting of revenue adjustments due to re-routings|
RAPID Cargo boosts your cash flow by comprehensively evaluating air waybills issued by other airlines, and by efficiently generating interline bills to quickly recoup money owed. Functionality includes:
Outward interline billing
|Billing for another carrier's pre-paid air waybill uplift|
|Billing for transfers of charges collect air waybills|
|Charges collect billing on carriers at destination|
|Billing for GHA export charges|
|Charge memos to other airlines can be captured and included in outward billing invoices|
|Generation of airline invoices|
|Management of 6% variation between five-day rates and monthly mean rates|
|Generation of standard IATA forms|
RAPID Cargo protects your bottom line by comprehensively evaluating interline bills received from other airlines and checking them for validity and accuracy.
Inward interline billing
|Management of part-shipments|
|Dynamic route matching and simulation|
|Matching of provision vs. billing|
|Automatic rejection or acceptance of billing|
|Generation of rejection memos|
|Maintenance of a complete rejection history|
|Production of outward billing invoices for rejections|
|Generation of revenue adjustments|
|Automatic addition of accounting entries|
RAPID Cargo performs the billing and revenue accounting of the documents issued by postal authorities. All types of mail are handled including letters and cards, closed parcels and empty mail bags for services such as airmail and express mail.
|Uplift processing for both online and interline carriage|
|Special rate agreements with General Postal Authorities (GPAs)|
|Subcontract agreements with other airlines for off-line sectors|
|Standard Universal Postal Union (UPU) rates|
|Uplift revenue accounting|
|Billing of GPA and other mail parties|
|Inward interline billing and accounting|
|Generation of supporting documents for invoices|
|Billing and revenue accounting reconciliation|
|Other airline agreements for creating payment provisions for off-line sectors|
RAPID interfaces to both internal and external applications, giving airlines the freedom to work with user-specific and industrial standard data in any combination. This ensures a high level of data accuracy and delivers significant productivity improvements, as data does not have to be entered manually.
RAPID is based on an industry standard, scalable and portable technology platform. It is driven by an Oracle relational database running under UNIX, Linux, Windows and other major computer environments. The operator interface and client programs run on IBM compatible PCs using Microsoft Windows. The system can be deployed in a two-tier client/server or a three-tier web-based architecture.
State-of-the-art, proven technology