All Nippon Airways (ANA), one of Japan's two major airlines, is to use the Lufthansa Systems IT solution, Sirax, to manage its revenues over a five-year contracted period.
The core functionality provided by Sirax enables ANA to cover the full spectrum of modern revenue accounting processes including interline billing and cut costs.
"By using Sirax to handle our revenue accounting, we achieve flexible control of our revenues while generating sustainable cost savings. Lufthansa Systems impressed us with the accelerated availability of our financial data in Sirax and the professionalism shown in rolling out the new system," said ANA IT strategist Yukihiko Sasaki.
This project will be challenging for us because we will be using Sirax for both international and domestic revenue accounting processes and Lufthansa Systems will support this project, he added.
The Sirax AirFinance Platform from Lufthansa Systems is the first integrated platform to optimise all of an airline's financial processes. It has enabled Lufthansa Systems' customers to achieve considerable savings in their finance departments.
Leading carriers that deployed this integrated finance solution were able to reduce operating costs in this area up to 45 per cent and total costs by more than 35 per cent, said the German IT provider's press release.
Lufthansa Systems works closely with IATA to ensure that the solution not only meets common standards but also covers the latest developments such as SIS (Simplified Interline Settlement) and EMD (Electronic Miscellaneous Document).
The Sirax revenue accounting solution speeds up accounting processes by automatically checking ticket sales against actual flight data. It also delivers precise, timely information for management and accounting staff, the Shipping Gazette informs.
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