| IATA’s SIS (Simplified Interline Settlement) initiative is introducing new standards in Miscellaneous Billing settlements. Compliance for these standards is posing significant challenges for many airlines as miscellaneous billing is one of the least automated areas for process optimisation. While compliance needs to be addressed, standardization and centralization through SIS provides a unique opportunity to airlines and other service providers to re-engineer their current billing processes, thereby reducing billing costs and improving cash flows.
Kale's FINESSE MBS provides a unique opportunity to not only achieve SIS compliance without significantly changing internal IT systems but also enables appropriate financial controls to ensure that revenue and cost leakages are plugged.
Kale's FINESSE MBS ensures that miscellaneous revenues from contractual as well as ad-hoc services are properly accounted for. At the heart of FINESSE MBS lies a strong and flexible contract management system. All the miscellaneous services such as ground handling, engineering can be defined at a granular level and mapped to SIS category codes. This ensures appropriate charge line aggregation at an invoice level. Contractual rates for services can be defined as per the pricing contracts. |
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| Key Features |
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| Kale has developed extensive expertise in SIS Miscellaneous processes by virtue of its involvement with IATA's working groups (that have
defined the new standards). Furthermore, with flexible delivery approach that Kale offers such as licensed installation, hosted solution, platform based services, customers can choose an option that suits their IT and business strategy. |
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Service Management
- Service catalogue definition
- Composite service grouping
- Mapping of SIS category and charge codes
- Mapping of GL account codes for booking revenue/cost under appropriate heads
Contract Management
- Ability to define customer and station specific contracts
- Ability to define rack rates
- Ability to define taxes, surcharges applicable at service level
Flight Management
- Ability to define flight schedules for own (Inward billing) as well as for other airlines (Outward Billing)
- Flight instance creation
- Manage flight delays, cancellations, ad-hoc flights, diversions
Service Fulfillment
- Service data capture for provisioning
- Attach scanned service forms as supporting
- Template based data entry to reduce manual work
- PDA interface (future releases)
Invoice and Accounting Engine
- Define billing frequency, billing aggregation criteria
- Auto pricing based on operations data and contracts
- Manual invoice creation for ad-hoc services
- Ability to create reject, correspondence invoices
- Customer portal for bilateral settlements (future releases)
SIS, Accounting Interface
- Creation of IS-XML for SIS outward billing interface
- Processing of IS-XML for SIS inward billing interface
- Integration with Financial Accounting for GL, AR integration at invoice level
Station Operations Management (Inward Billing)
- Ability to define manual flight service parameters needed for inward reconciliation
- Web based interface for stations to enter flight specific services
- Station vendor management
Self Billing (Inward Billing)
- Creating charge lines for all flight operations for different services provided based on contracted rates
- Aggregation of charge lines based on vendor specific invoice frequency
- Booking of liabilities in GL based on self billing
Discrepancy Management (Inward Billing)
- Invoice matching with self billing
- Discrepancy analysis by reason code
Workflow Management
- Ability to route discrepancy to individual stations / division on workflow rules
- Ability to route invoice on workflow rules
Event Scheduler
- Ability to define periodic invoices based on different data capture events
- Alerts for invoice generations
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| Business Benefits |
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| Kale's FINESSE MBS ensures that miscellaneous revenues from contractual as well as Ad-hoc services are properly accounted for. |
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- SIS compliance in both inward and outward Miscellaneous billing processes
- Minimum changes required to existing IT financial system (Oracle eBusiness Suite /SAP)
- Increased accuracy of billing based on contract management; reduced rejections
- Reduced paper work; both in manual invoice entries as well as service data capture
- Reduced revenue leakage by tracking unbilled service transactions
- Reduction in bill–to–cash cycle
- Ability to auto reconcile inward invoices based on actual contracts and operations data thereby plugging cost leakages
- Support standardization, centralization and outsourcing of payable function
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