Kale’s industry leading solutions REVERA® & AMBER® to be deployed at Vietnam Airlines
Kale Consultants Ltd, a leading solutions provider to Airline, Airports, Logistics and Travel (AALT) industry, announced that Vietnam Airlines has selected Kale's REVERA® and AMBER® solutions for its passenger & cargo revenue accounting requirements respectively. The airline will deploy these solutions on licensed basis.
In current competitive times, airlines are continuously seeking various means of reducing operating costs and improving efficiencies. Revenue accounting is a vital process in any airline's business and a modern revenue accounting solution must be flexible, accurate, simple to use and have a high level of automation. Airlines can benefit immensely by integrating their passenger & cargo revenue accounting processes. Kale’s new generation passenger & cargo revenue accounting solutions – REVERA® & AMBER® respectively help airlines implement industry best practices to proactively adapt to dynamic market conditions. They enable airlines to efficiently manage the rapidly growing and complex revenue accounting operations & achieve efficiencies in the long run.
Speaking on the occasion, Mr. Mai Huu Tho, Deputy Director Finance, Vietnam Airlines said, “Revenue accounting is critical component for Vietnam Airlines, aiding us in gaining insight and assessing our operations and growth plans. It was important for us to choose a solution which incorporated industry best practices and offered the latest requirements. We evaluated many revenue accounting solutions before selecting Kale’s REVERA® & AMBER®. We feel that Kale’s solutions are best fit & would also be able to meet our long term business requirements, improve efficiency, and lower costs.”
“We are delighted that Vietnam Airlines has chosen Kale’s PRA and CRA solutions for their complete revenue accounting requirements. We believe that this is the beginning of a long and fruitful relationship with Vietnam Airlines. REVERA® and AMBER® have proven to be industry leading revenue accounting solutions present in the industry today and we are seeing a lot of traction for these offerings.” said Ravi Chakravarty, Sales Head – EMEA & Asia Pacific, Kale Consultants Ltd.
REVERA®, Kale’s new generation passenger revenue accounting solution, helps airlines implement industry best practices to proactively adapt to dynamic market conditions. It enables airlines to deal with the most complex revenue accounting environments and respond to the demands of the senior management with speed and accuracy. With its powerful Business Intelligence capabilities and end-to-end functionality, REVERA® delivers real business value to airlines. It transforms the revenue accounting function from a transaction processing environment to a strategic tool, thus empowering airlines to devise competitive strategies to succeed in the marketplace. The components of REVERA® are functionally capable of working either in a stand-alone mode or can be integrated with other systems used by an airline. It can be flexibly deployed in a Hosted, Licensed or Outsourced environment. REVERA® is powered by the industry leading proration engine APEX®.
Kale's Cargo Revenue Accounting solution, AMBER®, provides airlines with full financial control and automation of their revenue accounting process. Its strengths are its focus on accuracy, its high level of automation, and its flexibility. It delivers business value by helping to maximize revenue, minimize costs, and shorten the time span to billing, thereby enabling increased cash flow. In addition, it’s powerful and easily accessible information enables managers to make informed financial decisions related to customers, routes, markets, and flights.
About Vietnam Airlines:
Vietnam Airlines is the national flag carrier of Vietnam headquartered in Hanoi, the capital city of Vietnam. Vietnam Airlines serves its 9 million annual passengers with 74 routes to 46 destinations including 34 domestic routes to 20 destinations and 40 international routes to 26 cities with more than 220 daily flights. With recent purchase orders of more than 50 aircraft mainly including A350/321s and B787-9s and future orders, the airline expects to expand its fleet to 104 and 150 aircraft by 2015 and 2020, respectively.
Visit us at www.vietnamairlines.com
About Kale Consultants Limited:
Kale Consultants Limited is a leading solutions provider to the global Airline, Airports, Logistics and Travel (AALT) industry. Committed to innovation and excellence, Kale delivers world-class software products, technology, managed process, hosting and consulting services. Kale employs over 1600 talented professionals who focus on delivering quality service to over 120 satisfied customers across 30 countries.
Kale’s Industry Solutions are driven by active partnerships with industry bodies and customers, and unparalleled domain knowledge. Kale’s Customised Approach in deploying these solutions supports clients with best fit solutions to match to their requirements.
Visit us at www.kaleconsultants.com
