OUR SOLUTIONS
Full End-to-End BPO Solutions
With a great combination of an innovative software solution and business expertise, Kronos offers to our clients a wide range of Revenue Accounting BPO Services. Our solution is tailored to the airline’s unique requirements and focus on enhancing the data exposure to support key business decisions.
Our team of experts will optimize the revenue accounting process to ensure on-time reporting of key information for strategic planning and analysis. Kronos’s BPO Services will maximize the airline’s revenue accounting process, to allow the airline to focus on core operations and decision making.
Kronos BPO Services will efficiently process all sorts of documents and perform quality checks on the different data streams to ensure efficient and accurate reporting and accounting. Some of the processes include: Sales Processing & Reconciliation, Flown Processing & Reconciliation, Sales Audit, Interline Billing, Customer Invoicing, Rejections and Agency Memos.
Kronos will institute industry best practices and latest enhancements to provide a robust revenue accounting service to reduce cost, prevent revenue leakage and increase data exposure within the airline. Kronos’ team will work diligently to ensure that our client has immediate real-time data available for the accounting process, decision making and strategic planning.
Kronos will transform your Revenue Accounting division into an informational data hub for key strategic decisions for the airline. By maintaining the data real-time, the airline is able to determine up-to-the minute information that is key to revenue and sales reconciliation.
Cargo Management & Accounting
Kronos has established a solid partnership for the implementation and support of a robust Cargo & Mail Management Solutions. The solution is designed to simplify and completely integrate the Cargo Operations Management and Cargo Revenue Accounting functions.
The solution provides the airline with an end-to-end cargo solution capable of providing real-time reporting for key decision making. The fully integrated solution creates efficiency while reducing operating costs.
Highlights:
Cargo Sales and Reservations Module
Cargo & ULD Tracking Modules
Mail Management
Cargo & Mail Revenue Accounting
Business Intelligence Tools
Kronos’ experts have created a robust and flexible Business Intelligence tool that is capable of integrating to any cargo and passenger revenue accounting application. Kronos’ Business Intelligence tool provides a powerful stream of information to all levels of airline management.
Kronos’ Business Intelligence Tool has the capacity to provide immediate results from all the different channels, including: sales, flown, revenue, interline, taxes, ancillary, misc. revenue, charter business, etc. The graphical and chart visualization of data will facilitate compact and quick views to the company’s operations. Using a combination of user friendly graphical views and data charts, provides the airline a powerful tool to use the dashboards for executive presentations and management reporting.
Our team of industry experts have designed a series of dashboards aligned to provide key information to the airline. In addition, Kronos’ will work alongside the airline to design and construct comprehensive and information-rich modules to reflect key information for airline executives and department heads.
Highlights:
Sales and Revenue Dashboards
Ancillary and YQ.YR Revenue Dashboards
Agency and tax Dashboards
KPI Dashboards
Report generation
Passenger Revenue Accounting
Kronos has established a solid partnership with ISO-Gruppe for the implementation and support of their SkyFly Revenue Accounting Solution. SkyFly provides a robust, automated Passenger Revenue application that contains all the latest technology and industry requirements. It is designed to expedite the complete revenue accounting operations while enhancing the capabilities of immediate revenue and sales reporting, all while still maintaining sales and revenue controls, accuracy and data integrity. It also counts on comprehensive accounting module that creates a seamless integration to financial accounting. The Interline module automates the evaluation, proration and invoicing process to increase cash flow and protect the airline’s revenue.
Our solution is supported from our offices in Miami, Florida with extended support from Germany. Our staff is fluent in Spanish and English.
Highlights:
Fully Automated Sales Processing
Contains enhanced Sales Controls
Fully automated proration engine
Sales and Refunds audit functions
Payment Reconciliation functions
Full recognition of Ancillary sales and revenue
Fully Automated Flown Processing
Fully automated proration engine
Complete evaluation of flight coupons
Fully Automated Interline Processing
Fully Automated Proration and Invoicing
Automated SIS compliance
Rejection process and tracking
Ability to interface to all CRS. GDS, Flown data files
Ability to integrate to iiNet, SIS and WebLink applications
Ability to integrate to Financial Accounting Application
Recognition of Ancillary and YQ/YR Revenue
Comprehensive Accounting Module
Misc. Billing Suite
As part of your partnerships, Kronos provides a robust and comprehensive Misc Billing Module to facilitate the extensive operations of Interline Invoice for Miscellaneous services SkyFly Misc. Billing integrates to SIS in order to automate the invoicing process without additional involvement from the users which immediately increases the Airline’s Cash Flow.
SkyFly Misc Billing uses a comprehensive accounting module capable of integrating with the airlines financial accounting application to expedite the accounting process.
Highlights:
Ability to identify specific services performed
Automatic allocation of IATA standards for Misc. Billing
Automatic generation of invoices
Fully SIS compliance
Integration to SIS for immediate reporting
Comprehensive Accounting Module
Charter Aviation Solution
Kronos’ provides a robust Charter module which gives the airline the control and automated invoice process for charter services. The Charter Aviation Module allows the charter airline to establish a contract database and input contract terms relevant to the invoicing process.
The Charter Aviation Module can process flown coupons associated to the charter business line and based on the contract terms, automatically create invoices and when needed assign the appropriate taxes per passenger.
Highlights:
Fully automated process
Tour Operation Master Data
Contract Master Data
Ability to process flown coupons
Ability to invoice customers and tour operators
Tax allocation to each flight coupon for invoicing
Comprehensive Accounting Module