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Cargo Newswire

Accelya’s cargo revenue accounting selected by Air France-KLM

January 16, 2024
in Airlines
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  • Air France-KLM and Accelya have added Cargo Revenue Accounting to the existing portfolio of Accelya software covered by their partnership.
  • The new deal equips Air France-KLM with robust financial monitoring capabilities for its cargo services.
  • Accelya is a clear global leader in airline cargo, with over 30 airlines powered by its integrated cargo platform.

Accelya, a leading global software provider to the airline industry, today announces it will provide Air France-KLM with its industry-leading Cargo Revenue Accounting (CRA) solution, to process and optimize the airline’s cargo billing, settlement, and accounting processes.

Air France-KLM has selected the multi-airline variant of the solution that will be used across the group. With Accelya’s CRA solution, Air France-KLM has access to reliable, comprehensive, and accurate financial monitoring capabilities that enhance cash flow, revenue recognition, and reporting processes. The airline has selected Accelya’s fully integrated Cargo Revenue Accounting platform, supporting the carrier’s transition from an in-house build capability.

The new contract builds on the two companies existing partnership to deliver personalized, dynamic, and bundled offers to Air France-KLM’s customers through Accelya’s FLX Merchandise.

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Joren Laeven,  VP Controlling Commercial at Air France – KLM Cargo comments, “Our decision to invest in a new best-of-breed cargo revenue accounting solution is another key milestone in our overall technology transformation at Air France-KLM. We were impressed with Accelya’s CRA solution and its capability to manage multi-airline requirements. We also appreciate that Accelya offers a comprehensive suite of cargo solutions encompassing the offer to settle journey of the shipment.

“With Accelya’s Cargo Revenue Accounting platform, we have the capability to optimize our financial monitoring, boost revenue, and enhance profitability.”

Accelya’s ‘out-of-the-box’ Cargo Revenue Accounting solution is easily integrated into airlines’ existing operational and financial systems, as well as industry platforms such as SIS and CASS. Air France-KLM joins more than 30 airlines already powered by Accelya’s integrated Cargo solutions.

Andrew Wilcock, Chief Revenue Officer at Accelya, adds: “Extending our partnership with Air France-KLM underlines the consistent value and enhanced experience our Airline Cargo software delivers. Using our Cargo Revenue Accounting solutions, Air France-KLM can optimize its revenue, cash flow and settlement processes. We are thrilled to be supporting the airline’s momentum and are committed to bringing the very best technology and support to Air France-KLM and their customers now and into the future.”

Tags: Cargo Revenue Accounting (CRA)
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Devender Grover

Devender Grover

Devender was born in the year when the Beatles Group was formed. He holds two master’s degrees in English Literature and Public Administration. He also has an Honors degree in English Literature and a post-graduate diploma in Corporate Communications and Public Relations. He was closely associated with the Indian State Transport Undertakings and Ministry of Transport in his role as Corporate Communications and PR specialist for over two decades handling domestic and international organizations. He ventured into business forming his own Media House, Profiles Media Network Private Limited which is now a twenty years old company. Excelling as an editor, Marketing, PR, Anchor, and Advertising specialist, he is now expertly navigating the world of social media. A widely traveled professional internationally, Devender has a deep understanding of the Air Cargo, Cargo Business, Cargo Airports, Freighters and Cargo Industry at large.

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