Weblink Extending AeroCRS Solution to BSP Settlement 28-Feb Weblink Presentation 1
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1 Weblink Extending AeroCRS Solution to BSP 28-Feb-2014 Weblink Presentation 1
2 Financial Services Expertise IATA processed $249 billion in BSP. $49.5 billion through IATA Clearing House $34.7 billion through IATA Currency Clearance Services $33.4 billion through IATA Cargo Account Systems Weblink Presentation 2
3 Financial Services Billing and Plan (BSP) Agent Accreditation Billing & BSP Sales Reporting Risk & Default Weblink Presentation 3
4 Financial Services Billing and Plan (BSP) Agent Accreditation Billing & Global distribution network 66,000 Travel BSP Agencies Accredited worldwide Strong Agency Accreditation Program Experienced and trained industry professional Sales Reporting Risk & Default Financial assessment Outsourced agent verification services Financial securities requirement Weblink Presentation 4
5 Financial Services Billing and Plan (BSP) Agent Accreditation Billing & One standard settlement solution for all the agency sales channels BSP High airlines and travel agencies adoption Covering all air related sales transactions Sales Reporting Risk & Default Agent commission distribution mechanism Sales data validation and processing Billing processing Sales collection and reconciliation Weblink Presentation 5
6 Agent Accreditation Billing & BSP Sales Reporting Risk & Default GDS Sales Process GDS Sales Report GDS RET DPC BSP Ticket Issuance Airline Remittance Clearing Bank Weblink Presentation 6
7 Agent Accreditation Billing & BSP Sales Reporting Risk & Default non-gds and ticketless sales Process GDS Sales Report GDS RET DPC Sales Report Weblink RET BSP Ticket Issuance Airline s Sales report Airline Ticket Issuance Remittance Airline s Portal Clearing Bank Airline s Sales Reporting Weblink Presentation 7
8 Financial Services Billing and Plan (BSP) Agent Accreditation BSP Immediate suspension for defaulted agency Reliable credit management with a collection rate of 99.9% Billing & Protects IATA members in case of violation of the Passenger Sales Agency Agreement or fraudulent practices Sales Reporting Risk & Risk & Default Default Weblink Presentation 8
9 Financial Services Billing and Plan (BSP) One standard reporting format DISH Detailed sales data reports supporting the revenue accounting processing Agent Accreditation BSP Billing & Strong distribution mechanisms BSPlink for agent communication and iinet for sales data file transfers. Sales Reporting Risk & Default Weblink Presentation 9
10 Financial Services Weblink WebLink is a reporting system that allows airlines to feed travel agency direct sales into the BSP systems for processing and settlement. DRASTICALLY REDUCE DISTRIBUTION COSTS Scale up your direct sales Scale down your cost Weblink Presentation 10
11 Adding the BSP to AeroCRS hosted Airlines Weblink Scope With one connection to Weblink, AeroCRS is providing for all the hosted airlines the access to the BSP, the most cost effective settlement of the industry. Weblink Presentation 11
12 Benefits for the AeroCRS Carriers The use of Weblink/BSP will improve the current airline s agency ticketing-to-settlement process and its efficiency. Improve the efficiency of the Agency Direct Solution. Access the BSP without the need of changing the ticketing system to ET or to be hosted on an 3rd party ET server. Reduce the settlement cost of the Agency Direct Sales. Reduce the GDS cost ($10 savings per ticket issued). One reporting process (one HOT file). Ability to report Tickets and EMDs. Weblink Presentation 12
13 Weblink functionalities One implementation for BSP worldwide deployment Two file formats are supported for the ticket sales: DISH RET 20.3 and TCN V4.05 BSPlink is the communication channel Transaction types accepted: Tickets (TKTT) Refund (RFND) Cancellations (CANX) Electronic Miscellaneous Document (EMD) only on DISH RET 20.3 format Forms of payment accepted: Cash (CA) Credit Card (CC) Exchange (EX) Pre-validation of transactions Transaction level rejections and roll-back options Card clearing services Direct sales tickets are issued using airline own ticket stock (airline s own form codes) as per the Passenger Services Conference Resolutions Weblink Presentation 13
14 Weblink benefits for airlines Scale down your cost Scale up your agency direct sales Reduce your settlement cost; Save a minimum of $ 10 per ticket issued compared to the GDS channel; Improve Travel Agency sales collection and processing; Tool easy to implement - one time setup. Increase your Sales and Distribution efficiency; Extend the advantages of the BSP to the your Direct Connect Sales; Enable a better deployment of alternative channels; Access a wide trusted IATA accredited travel agency network. Weblink Presentation 14
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