RAPID Passenger Revenue Accounting

It’s time to rethink airline revenue accounting. Today’s airlines compete in markets that are increasingly dynamic and competitive. At the same time, revenue accounting departments face mounting pressure to spend less time managing transactions and more time supporting strategic decision-making. Mercator leverages the data in our market-leading RAPID Passenger solution to give your airline better visibility, control, and predictability.

Deliver Reports with Speed, Accuracy, and Complete Auditability

Transform your data to help make informed, strategic decisions that advance your competitive advantage. Get immediate visibility with real-time reports and data directly from the transactional system allowing you to accurately calculate revenues and access detail for more in-depth analysis. The result is financial insights that maximize visibility and minimize risk to your airline.

Explore predictive analytics in airline revenue accounting
Deliver Reports with Speed, Accuracy, and Complete Auditability

Take Control of Your Revenues

Achieve data accuracy and streamlined processes with automated quality checks, audits, and validations. RAPID Passenger’s data granularity and comprehensive audit trail allow you to perform in-depth analysis through the entire life cycle of a coupon. Capture all required information, garner the right approvals, and ensure that the accounting impact of every transaction is immediately auditable upon approval.

Learn about real-time uplift processing in airline revenue accounting
Take Control of Your Revenues

Adapt to a Dynamic and Competitive Market

Stay ahead of changes with continuous updates to industry challenges and mandates such as proration, ancillary processing, and tax billing rules. From interline and code share agreements to alliances, joint ventures, mergers, and complex tax conditions, RAPID Passenger supports your unique business needs today and tomorrow.

See how Garuda Indonesia accelerates revenues with RAPID
Adapt to a Dynamic and Competitive Market

Integrate Seamlessly to Achieve Strategic Goals

Integrate with reservation systems, financial systems, and industry sources such as Billing and Settlement Plans (BSP), Airline Reporting Corporation (ARC), Airline Tariff Publishing Company (ATPCO), and IATA Simplified Interline Settlement Data Exchange (IS-IDEC) to quickly gain a more complete and accurate picture of your airline.

Explore how airlines align strategic objectives and metrics
Integrate Seamlessly to Achieve Strategic Goals

Apply Consistent Controls and Reduce Risk

Minimize revenue leakage and maximize cash flow by identifying under-collections and utilizing smart filter options in fare and refund modules to separate auto priced tickets from manually priced tickets. RAPID Passenger provides a comprehensive workflow and queuing mechanism for auditing, verification of published and unpublished fares, authentication of refund rules applicable for partly and fully unused tickets, and monitoring of applicable and collected taxes.

Review best practices in minimizing revenue leakage
Apply Consistent Controls and Reduce Risk

See how RAPID Passenger helps you make informed, strategic decisions that have more predictable outcomes.

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