Accelya’s Cargo Revenue Accounting selected by Air France-KLM

Accelya, a software provider to the airline industry, announced it will provide Air France-KLM with its 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 enhances cashflow, revenue recognition and reporting process. 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 personalised, dynamic, and bundled offers to Air France-KLM’s customers through Accelya’s FLX Merchandise. 

“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 comprehensive suite of cargo solutions encompassing offer to settle journey of the shipment,” said Joren Laeven, VP controlling commercial at Air France – KLM Cargo. “With Accelya’s Cargo Revenue Accounting platform we have the capability to optimise our financial monitoring, boost revenue, and enhance profitability.”

Accelya says its 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.

“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,” Andrew Wilcock, chief revenue officer at Accelya, added. “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.”