Transform Airline Finance Operations
The shift in consumer behaviors will drive a new era of efficiency and productivity. Business functions will need to become more agile and flexible, so they can support dynamic decision-making with real-time data insights.
Airline finance operations need to keep up. Sutherland altra® is a state-of-the art, future-ready suite of solutions for airline finance that integrates systems and processes to facilitate:
- A condensed sales-to-cash and record-to-report cycle
- Data-driven decision-making aligned with complex and evolving industry settlements, interline arrangements, and new regulatory regimes
- Reduced costs, enhanced operational efficiency, and higher profitability
Transactions processed annually
Global carriers adopted
Features and Benefits
Revenue Audit
Leverage intelligent automation to check booking and fare rules for 100% of transactions, improving the span of your audits, reducing malpractice, and protecting revenue.
Direct Operating Cost (DOC) Management
Reduce costs, drive operational efficiency, and improve profitability through a tighter control on direct operating cost elements. Monitor and benchmark consumption, rates and charges, application of taxes, and supplier performance across all direct operating cost elements.
Passenger Revenue Accounting
A highly automated, scalable, modular platform that will future-proof passenger revenue.
Accounts Receivable
A first of its kind in the industry, Sutherland altra® allows airlines to view and act on receivables in real time and reduce defaults by enabling the accounting, reconciliation, and monitoring of receivables and settlement in a single platform.
Our Solutions
Empowering a lean and agile finance function for airlines.
Passenger Revenue Accounting
A highly automated, scalable, modular platform that will future-proof passenger revenue.
- Modern architecture that allows real-time processing of transactions
- Built-in automation through artificial intelligence and machine learning
- Accurate proration and tax engines to prevent revenue leakage
- Single platform across orders, tickets, and PNR
- Future-ready solution with order and settlement accounting
Accounts Receivables
A first of its kind in the industry, Sutherland altra® allows airlines to view and act on receivables in real-time and reduce defaults by enabling the accounting, reconciliation and monitoring of receivables and settlement in a single platform.
- Automated receipt creation and cash application at the transaction level
- Ticket-level settlement reconciliation and cash application
- Improve cash flows by easily identifying overdue accounts
Revenue Audit
Leverage intelligent automation to check booking and fare rules for 100% of transactions, improving the span of your audits, reducing malpractice, and protecting revenue.
- Proven to identify all sources of potential revenue leakage
- Best-in-class recovery-rate
- Integrated with waiver and disputes management for end-to-end functionality
Direct Operating Cost (DOC) Management
Reduce costs, drive operational efficiency, and improve profitability through a tighter control on direct operating cost elements. Monitor and benchmark consumption, rates and charges, application of taxes and supplier performance across all direct operating cost elements.
- Automated, seamless, line-level verification of all DOC invoices
- Easy integration with wide variety of airline industry platforms to get operational data
- Precise, real-time visibility on route profitability
Unlocking Digital Performance
Industry-Leading Innovation
Powered by 200+ patented inventions, Sutherland’s AI-driven products and platforms empower businesses to innovate, streamline processes, and deliver exceptional experiences.
Efficient Financial Management
99% recovery rate for highly accurate identification of ADMs. Streamline financial processes such as revenue management, expense tracking, and cash flow management to reduce manual efforts and improve accuracy.
Better Financial Visibility
Utilize real-time insights into financial performance to monitor key metrics and trends and make business decisions as needed.
Cost Reduction
Automate finance processes, reduce operational costs, and improve overall efficiency.
Certified
Modern architecture with Airline Retailing Maturity (ARM) index.
