Untitled Page

ARACS FX Introduction

In order to have the best revenue accounting system in the market, we have made a significant investment to launch ARACS FX. The main features of this new product are:

Technological improvements

· SOA architecture
· RIA user interface RIA (Rich Internet Applications)
· Usability and easier navigation

Functional enhancements

· Increases in automatization processes
    - New task administration module that permits to upload and download files automatically
    - Control tool that verifies the importation and exportation processes

· Better tracking of the liability account

· New valuation and accounting processes
    - Automatic coupon valuation
    - Automatic coupon accounting
    - Coupon historic valuation
    - Accounting entries adjustment automatically generated upon coupon valuation change
    - Automatic and online liability account update
    - Forecast accounting of flown without coupon data

· Improvements in the report generation
    - Reports can be exported to Excel, CSV or PDF
    - Great flexibility in the filtering criteria to obtain the reports
    - Possibility to retrieve liability reports for a specific date
    - Incorporate a great number of dashboards to present data status

The low cost business has changed considerably in the last years. The LCC started to consider some functions of the traditional airlines business, such as Interline processes, sales through travel agencies and liability account tracking. In ARACS FX, we included several functions specially designed to fulfill the revenue accounting requirements from the low cost carriers.

· Integration with the main reservation system used by the LCC
· Special process to manage ticketless
· Generation of eticket based on PNR, keeping data integrity
· Special process to deal with exchanges and refunds
· Direct invoicing to agencies functionality B2B
· Commission and incentive determination
· IATA BSP Weblink interface
· LCC special revenue accounting requirements resolution
· Special function to manage Credit File and Credit Shell
· Special control functions for PNR groups with multiple payments
· PNR control in hold status with partial payments
· Credit card reconciliation module
· Special interline invoicing process

Why should ARACS FX be your next revenue accounting partner?

1 - Excellent Time to market
ARACS FX is already working successfully in major airlines, and therefore we are sure that it will fulfill what our clients demand for revenue accounting solution.
ARACS FX provides all the existing differences in ticketing, tax procedures and control of credit cards required by those markets.

2 - Simplicity and Standard Solution
One of the main factors that every company has in mind while changing a system is how user friendly the replacement system will be. We, at Ceicom, know that ARACS FX is a very user friendly system that allows airlines to be very efficient straight after implementation without large training expenditures, as are often required with other systems.
The SOA platform from the ARACS FX guarantees a smooth integration with any other application.

3 - Industry Knowledge
Ceicom/Indra has been accompanying the airline business for many years.
While Ceicom has focused on the Revenue Accounting side, Indra adopted a horizontal approach to the industry, implementing Air Traffic control systems and developing flight simulators.
On top of this, new business models, such as Low Cost Carriers, are complementing our knowledge of market trends and developments. This is crucial to our ability to provide and implement state-of-the-art products.

4 - Flexibility
Ceicom/Indra flexibility is based on the fact that our product philosophy has always been to tailor the system to the customer's needs. Therefore any adaptations that you may need in future are already considered in our day-to-day work.

5 - Product and Solution - High quality service
We believe that the functionality and the features which ARACS FX offers are the best in class, which are supported by our ASP or BPO services.
We provide consistent and professional service, which result in high customer satisfaction.
Once again, we think that this is an important differentiation from all those that cannot demonstrate what they promise.

6 - Our Customer Focus
Our priority is to consistently exceed our client's expectations, ensuring that every interaction is a rewarding experience.

7 - Short term successful implementation
Ceicom/Indra is able to guarantee a short term implementation complying with the pre-established objectives.

8 - Indra guarantee highly qualified hosting service
INDRA is one of the most prestigious hosting companies in Europe, based on the application of high technological standards. We are hosting ARACS FX in the IT infrastructure provided by Indra, ensuring high system availability and qualified services.
Indra, with an extensive network of alliances with the major technology providers, has access to the most update technology.

9 - Outsourcing (BPO) service capability.
Since 2003, CEICOM/INDRA have been providing revenue accounting outsourcing services based on ARACS. We have adapted our system and procedures to offer partial or full BPO services. The BPO service enables our clients to have access to the best practices of the industry, reaching specialization levels which are difficult to be achieved by their own.
In the year 2009, we estimate that the BPO will process over 100,000,000 coupons, which shows the constant growth of this activity.
We are ready to jointly analyze the BPO model possibilities for its gradual implementation, as well as the partial or total scope of it.

10 - Low risk.
We guarantee efficiency in every phase of the process, providing you with a strong and a solid follow up that makes us trustful partner to be considered in the revenue accounting arena.