Accelya, the leading provider
of financial and business intelligence solutions to airlines, today announced
that the International Air Transport Association (IATA) has renewed the contract
with Accelya Kale Solutions Ltd. (an Accelya group company) 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 1800 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.
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.
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