in Technology

Accelya continues to manage IATA's SIS e-invoicing initiative

Posted 7 March 2016 · Add Comment

Provider of financial and business intelligence solutions to airlines, Accelya, today announced that the International Air Transport Association (IATA) has renewed the contract with Accelya Kale Solutions Ltd. for managing its Simplified Invoicing and Settlement (SIS e-invoicing) platform.

IATA’s SIS e-invoicing is the industry platform that facilitates the electronic invoicing and settlement process by streamlining key processes, unifying invoicing standards, and reducing paper wastes, ultimately fostering a simpler and more efficient environment for airlines and aviation business partners to engage in business. The SIS platform is used by over 1,800 participants (airlines, airports, vendors and suppliers to the airline industry) in 180 countries. In 2015, invoices worth $70 billion were settled through this platform.

Accelya’s engagement with IATA on the SIS project started in 2009 as the primary technology partner and since it’s go-live in 2011, Accelya has successfully managed the platform. Under the renewed contract, Accelya will not only continue to manage the SIS e-invoicing platform but also maintain its Disaster Recovery (DR) site.

Commenting on the occasion Aleks Popovich, Senior Vice President, Financial and Distribution Services, IATA said, “Accelya is a strategic partner to IATA. Accelya was involved in developing the SIS e-invoicing platform and has been managing it right from the day of its launch. We are happy to extend our contract with Accelya.”

Speaking on the occasion, John Johnston, Group CEO, Accelya, said, “The renewal of the SIS agreement with IATA reinforces our long standing partnership with them. We are committed to support IATA and the airline industry on all strategic initiatives”.

Apart from SIS, Accelya has been involved with IATA's BSP (Billing and Settlement Plan) operations for over 36 years and is one of the largest BSP processing center to IATA. Accelya also supports BSPlink, IATA's comprehensive distribution platform for the BSP community. Accelya’s APEX- the Neutral Fare Proration engine (jointly offered with ATPCO), is the backbone of the First & FinalTM billing service offered by IATA.

 

* required field

Post a comment

Other Stories
Latest News

Ethiopian to start Flights to Barcelona

Ethiopian Airlines has finalised preparations to launch new flight services to Barcelona, Spain as of July 01, 2018, deploying the ultra-modern B787– 800 Dreamliner.

Livingstone right to presumes it could have a great future

Victoria Falls is one of Africa’s greatest tourist attractions and Zambia has been investing in its airport at Livingstone, which bears the name of a national hero. Humphrey Nkonde reports.

Airbus A330neo en route to function and reliability tests

The A330neo, Airbus’ newest widebody aircraft, has embarked on a worldwide tour to demonstrate its readiness for airline operations.

African Air Expo to take place in November

African Air Expo will take place at King Shaka International Airport in Durban between November 27-29, 2018.

Air Force chief takes over as Civil Aviation Minister in Egypt

Following a restructuring of the Egyptian government’s cabinet, Air Marshal Younes Al Masry has been appointed as the country’s Civil Aviation Minister.

Airbus and Cote d'Ivoire sign deal to boost the West African country's aerospace future

Côte d’Ivoire and Airbus have signed an MoU to establish a framework of collaboration to support the development of the country’s aerospace industry which has been identified as strategic for its economic development.

TAA SK0902311218
See us at
AAD2018 BTGroundHandling BT2205130918AirCargoAFA_BT220318210219