Indian LCC GoAir has opted for Accelya’s REVERA Next solution to automate its revenue accounting process, build in better audit controls and be future-ready to accommodate any changes in its business model.
GoAir is moving from an in-house revenue accounting system to a hosted model. GoAir will use Accelya’s REVERA Next Revenue Accounting solution, Agency Incentives Management solution and Audit services for fare, tax and commission.
“REVERA Next will bring efficiency in our revenue assurance processes and deliver better results in the vibrant and dynamic Indian aviation market. It will streamline our revenue accounting process to quickly adapt to new business models and support strategic partnerships. The pay-per-use model finalized with Accelya will allow us to achieve our targets without a high capital expense.” said Giorgio De Roni, CEO, GoAir.
Philip Fernandes, EVP – Revenue Accounting Practice, Accelya Kale Solutions Limited, said, “The aviation industry is evolving at a rapid pace. Low cost carriers are adopting innovative business models to be more competitive. Therefore, they need to have robust revenue accounting processes in place to achieve quick industry and alliance compliances, prevent revenue leakage and accommodate business growth. We are confident that REVERA Next will help GoAir meet its business objectives. We look forward to a long term partnership with the airline.”