Air Traffic Liability Reconciliation demo

What the demo shows

Reconciles unflown tickets, refunds and breakage so the liability is right, for controllers

The liability drawn as layers of rock, one per sale month, sinking toward ticket expiry, with the agents' notes on the oldest layers and the proposed entry at the foot. A Coupon matcher reconciles the open-coupon ledger to the liability account every night; a Ticket status tracer gives every coupon a status and explains each difference by cause. A Breakage estimator back-tests the rates against what actually expired, applies the ASC 606 constraint and drafts the memo; a Refund clock moves refunds owed to payables inside the DOT clock; an Acquired-ticket agent keeps the acquired airline's tickets on their own 24-month rule. An Entry drafter writes each close entry with its reasoning in plain words, the Coupon matcher recomputes it on its own, and an Evidence keeper assembles the auditor's packs as the work happens. The Controller approves, edits or rejects every entry with a reason code and a signature, and certifies the quarter.

Transcript

1. 0:00Air Traffic Liability Reconciliation keeps unflown ticket liability right, for airline controllers.
2. 0:10A half percent error on $8 billion is $40 million in the wrong quarter.
3. 0:16Agents reconcile it nightly, $2.31 billion, every difference explained.
4. 0:25The liability as layers of rock, sinking toward ticket expiry.
5. 0:31On the oldest layer, $14.2 million past validity.
6. 0:38Every number opens its source.
7. 0:42The release is drafted in plain words, recomputed to the scent by a second agent.
8. 0:49Diane, the controller, approves with a reason code and her signature.
9. 0:561.1 million of Acquire Holden Air tickets differ.
10. 1:00She asks why. The agent cites Holden's 24-month validity and proposes keeping them.
11. 1:07Approved. Every entry cited, signed, and logged with evidence for the auditor.
12. 1:16The result, 14.2 million in the right quarter, no unexplained difference.
13. 1:24Built on Botminds: agents, data, screens, and governance on one platform.

Transcribed from the film’s narration. Captions are on the player.