Passenger Revenue Accounting demo

Agents match each flown coupon to its sale and book earned revenue, for revenue accountants 1:31

What the demo shows

Agents match each flown coupon to its sale and book earned revenue, for revenue accountants

Yesterday's flights are laid out as flight strips: the flown coupons in suspense on the left, the sale each was matched to on the right, the agent's reasoning between them. A lift collector gathers every boarded coupon; a matching agent follows reissue and exchange chains, name and coupon-number variants, second booklets, upgrade documents, flight interruption manifests, partner and acquired-airline stock and late settlement files; a prorate agent and a value and currency agent value each coupon; a checker re-matches every match that is not exact from different evidence. A posting agent posts what is inside the thresholds and holds the rest for an accountant, who approves a flight's matches in one batch with a reason and a signature. A suspense investigator hands people what cannot be settled, with what it tried and the one question it could not answer. The month closes on a liability roll-forward tied to the ledger, signed by the Controller.

Transcript

  1. Passenger Revenue Accounting. Agents match every flown coupon to its sale for revenue accountants.
  2. Up to 1% of airline revenue leaks away, much of it hidden in suspense.
  3. Overnight, the agents matched 95% of Tuesday's suspense on their own.
  4. Each flight is a strip.
  5. CV118 to Frankfurt had 14 coupons in suspense.
  6. The agent followed a reissue to the new ticket, revalued it, and cites the exchange record.
  7. Name swaps, a partner ticket, a second booklet.
  8. Each has its reason, and the checker agrees.
  9. A coupon flown after a refund comes to Renee as a question, with a debit memo proposed.
  10. She approves 12 matches with her signature, $18,420 earned.
  11. Every match cited, every posting signed and logged.
  12. The controller signs the close.
  13. Result, yesterday earned by morning and $889,000 of leakage found in six days.
  14. Build on Botminds, agents, data, screens, and governance on one platform.

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