Risk of revenue leakage - · PDF fileRisk of revenue leakage...and ends here Amadeus Financial...
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Transcript of Risk of revenue leakage - · PDF fileRisk of revenue leakage...and ends here Amadeus Financial...
BankPaymentFulfilment Revenue Accounting
Financial system
Point of sale
Control and prevent abusive practices at
point of sale
$2.4 Million Yearly average*
Loss per airline from fraud, including irregular attempts to obtain tickets
$45 Loss per ticket changed due to non-application of rules
Average**
$2 Million Loss for a 10m pax airline, due to inaccurate interline process and tax reporting
Yearly average**
$6 - $11 Between*
Loss per passenger from fraud and manual bank reconciliation
Risk of revenue leakage
...and ends here
Amadeus Financial SuiteStreamline financial processes from sales to accountingamadeus.com/financialsuite
Automate tax auditing and
interline billing
Automate application of fare rules for all documents changes
The financial journey begins here...
Areas to improve the airline financial journey
Optimise payment processes and reduce fraud
Sources: * Industry figures ** Airlines’ feedback
Full integration
Protect all airline revenues against risk of leakage
losses Additional
Due to lack of holistic system integration
More gain less pain