Cargo Revenue Accounting demo

What the demo shows

Audits, rates, bills, prorates and closes air cargo revenue, for cargo finance teams

Each air waybill appears as a short life strip of five steps: rated, billed, prorated with the interline partner, settled through CASS and closed in the ledger. Five agents each own a step and say in plain words where it stands, and a sixth, the Checker, checks them. The Rating Agent re-rates every flown waybill from the contract or quote; the Billing Agent builds CASS and direct billing and catches duplicates; the Proration Agent computes each carrier's share by special agreement or the prorate manual and checks every partner line; the Settlement Agent matches remittances and says when a forwarder's dispute is right; the Close Agent drafts accruals, the journal and the close memo. A Checker re-derives every proposed amount from a different source. A strip stops only where a person must decide, and the revenue accountant decides in conversation with the agent that owns the step: it explains, cites the clause and the invoice line, drafts the memo and waits. When the same error repeats, the agents propose one decision for all of it. At month end a plain list shows only the stopped strips, and the Controller signs the close.

Transcript

1. 0:00Cargo Revenue Accounting Audits, rates, bills, prorates and closes air cargo revenue, for cargo finance teams.
2. 0:11Billing leakage often tops 3% of cargo revenue.
3. 0:17Six agents work every waybill overnight.
4. 0:21Nadia sees what needs her.
5. 0:24Each waybill is a five-step life strip.
6. 0:27This one stopped at proration.
7. 0:30Equaline billed $1180. It's agreed to be a five-step life strip.
8. 0:34This one stopped at proration.
9. 0:34Equaline billed $1180. share is 940.
10. 0:38The agent cites Clause 4.2 and a checker agrees.
11. 0:44Nadia asks why not the published rate.
12. 0:47The agent quotes the clause.
13. 0:50She approves the memo with a reason.
14. 0:53Nothing is sent without her.
15. 0:5734 more Equaline lines share the error.
16. 1:00One memo rejects all 35.
17. 1:04At month end, the close agent drafts the journal.
18. 1:08The controller signs. Every number cited.
19. 1:13Every decision signed. Every step logged.
20. 1:18September. 1.66 million found.
21. 1:211.18 million recovered.
22. 1:25Built on Botminds.
23. 1:27Agents. Data. Screens and governance on one platform.

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