Corporate Blog

Automation improves operational efficiency by accelerating the processing of repetitive tasks and reducing the risk of human error. From the revenue accounting standpoint, automation also improves revenue recognition through improved quality audits and faster invoicing, accounting, and reconciliation. Let´s explore six key areas where automation generates significant improvement in air cargo revenue accounting. 1. Quality audit  Detecting and correcting errors post invoicing is costly. It's time-consuming and requires a lot of effort between the stakeholders to resolve discrepancies resul...

Every business strives for growth year on year by maximizing sales to improve profits, and the airline cargo business is no exception. However, as in every business, this is an uncompromising objective and it has several external factors like product and service strategies of competitors, capabilities of business partners, requirements and expectations of customers, geopolitical influences, and the overall behavior of the market economy that are tough to predict. Considering the several external factors that are beyond the control of the individual business, a better strategy would be to look ...