Invoicing/Self Billing
airpas allows its clients to generate invoices or advanced billing reports automatically and to exchange the data electronically with other airlines, airports or customers. This enables airlines to substantially reduce process-related costs in accounts receivables.
Even in accounts payable airpas can support the client’s creditor by producing his invoices for a specific time period and service. By contract information in airpas e.g. subcharter agreements and Key Performance Indicators supplier invoices can be generated. KPIs such as block hours are calculated in airpas based on flight data imported from the client’s operational system. The generated invoice information can be used by both parties, in accounts receivable by the creditor and in accounts payable by the airline.
The airpas invoice reconciliation is an integrated part of the overall workflow in accounts receivables.