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Navitaire processes over 250 million transactions through our PRA System host revenue accounting and protection services.
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Successful airlines know that our PRA System provides superior accounting controls that allow them to increase their accuracy, timeliness and revenues while lowering their costs and improving their efficiency. Now you know, too.
Navitaire’s PRA System Host Revenue Accounting Services allow you to transform your revenue accounting operation into a state-of-the-art information factory and profit center. You’ll be able to capture, account for and report on the complete scope of revenue accounting events, from proration to interline settlement to journal entries.
The PRA System has supported our customers’ business needs since 1993. Customer input and continuous investment have kept this product at the leading edge with inclusion of automated processes that reduce or eliminate labor-intensive activities. The PRA System offers improved process controls and enhanced work-flow features to streamline revenue accounting processes and ensure timely, accurate results. In addition, by processing both electronic tickets and paper tickets in one integrated system, the PRA System enables staff efficiencies in revenue accounting departments.
The PRA System liberates staff to focus more time analyzing information than creating it. That’s why it is used by the world’s largest and leading airlines, including those in the STAR and oneworld alliances, and serves as the business model for the airline industry.
The Navitaire PRA System consists of a number of integrated business process and workflow modules following a Sales-Based revenue recognition methodology. These modules work together to provide comprehensive revenue accounting information, earned revenue, interline payable and receivables and passenger statistics. Key features include:
- Comprehensive pricing and proration module supporting industry standard prorate, IATA weighted miles, provisos and a variety of Special Prorate Agreement (SPA) terms and conditions
- Standard industry data interface support relating to fares and other forms of data exchange processes through industry data processors including CRSs, ARC, BSP, IATA, IDEC and ATPCo
- Fully electronic ticket enabled
- Extensive sales, use and flown revenue passenger and revenue information
- Image-enabled sales/use match functionality, which greatly improves the effectiveness of unreported sale and duplicate usage research
- Centralized accounting module with flexible event/account mapping functionality and drill-downs
- Comprehensive unearned revenue liability reconciliation and analysis reporting
- Fully compliant with industry first & final interline billing and settlement processes
- Scalable client-server architecture that can easily grow with your business
Since it’s a complete passenger revenue accounting solution, large airlines with a full range of requirements find the PRA System’s functionally rich and flexible structure invaluable. And the PRA System’s phased implementation schedule enables your department to prioritize the installation sequence to meet your critical business needs.
You’ll also have confidence in Navitaire’s Hosted Revenue Accounting services since both our ASP technology and BPO services are reviewed annually by an independent accounting firm in accordance with American Institute of Certified Public Accountants Statement on Auditing Standards No. 70 (SAS 70) for Service Organizations.
Business Models Supported
Navitaire provides Revenue Accounting Services on either an Application Service Provider (ASP) basis or Business Process Outsourcing (BPO) basis.
Application Service Provider (ASP) Services
Navitaire’s hosted services are delivered in an Application Services Provider (ASP) model through one of our worldwide data centers. The ASP model allows your airline to avoid the high up-front costs associated with securing the hardware and operating and maintaining the PRA System. The ASP model also enables your airline to minimize the cost of system enhancement and maintenance by leveraging continued investment in the PRA System through our shared services model.
Business Process Outsourcing (BPO) Services
In addition to providing revenue accounting technology, Navitaire BPO services can perform the entire revenue accounting function on your behalf. Navitaire’s BPO services deliver timely and accurate financial analysis and detailed management information for revenue accounting, finance, sales and marketing, and corporate management needs. In addition to standard revenue accounting functions, Navitaire can also perform customer service functions, such as a refunds call center service.
Through a centralized processing center, Navitaire’s BPO services offer the additional benefit of a lower cost of ownership that leverages experienced staff to manage the day-to-day operations of your revenue accounting department.