The
International Air Transport Association and Select Prospects Ltd are
pleased to announce the launch of AUDITlink, an outsourced service
designed to improve cash flow, speed up the ticket processing cycle and
minimise revenue loss. This service comprises two modules to expedite
the review of ticket issue accuracy and refund application processing,
using the information flows of the IATA Settlement System. AUDITlink
builds on a service currently offered by Select which, working with
international carriers of all sizes and profiles, recovers, on average,
2% of an airline’s net revenues every month. This solution offers
simple, immediate implementation yet allows carriers to retain full
control.
The first AUDITlink module is designed to identify all errors in the
sales and refund process and generate the necessary adjustment
transactions. Select’s help desk is staffed by highly qualified
personnel to manage any disputed items. Select provides a consistent,
well-documented and impartial resolution process, highly appreciated by
both airlines and agents.
The second module addresses refund issues, ensuring correct calculation
of refund amounts and producing refund authorities for passengers and
agents. Results are produced and delivered within the increasingly
stringent deadlines set by regulatory bodies throughout the world, thus
reducing the burden on airlines’ already-stretched refund processing
departments. Faster refunds will lead to improved standards for agents
and their customers.
The IATA and Select web-sites provide more detailed information
concerning the features and benefits of this service:
www.auditlink.iata.org and www.select-pro.com |