Unisys has unveiled a cloud-based platform designed to help airlines process invoices, payables, receivables, waybills and agent commissions for their freight business.
The Cargo Revenue Accounting system works to integrate with Unisys’ Logistics Management System or other cargo management tools, Unisys said April 9.
Unisys wants airfreight carriers to share relevant business data in real time by integrating the company’s CRA and LMS platforms.
“Such insight helps cargo operators increase profitability by being able to access revenue information up front to make informed choices about routes and flights, while improving service by generating more accurate air waybill information for customers,” said Christopher Shawdon, vice president of Unisys’ logistics solutions business.
“This real-time information can also help enhance cash flow by enabling invoicing as soon as export audit criteria is satisfied – three to four days faster than the traditional invoicing process,” Shawdon added.
Unisys uses a software-as-a-service model to deliver the CRA platform to clients in the airline industry.