Most airline costs are still managed by hand - it's time to change that
Switzerland, Oct. 23 -- Controlling costs is key in any industry. But while the direct price of operating aircraft, with multiple partners, represents more than half of airline expenditure, many accounting systems are still hamstrung by inefficient manual components. Manual processes that are open to error, and worse, intentional third-party fraud. To address this issue, SITA has launched AeroCost Manager, a new purpose-built Direct Operating Cost (DOC) accounting solution that delivers real-time cost management and invoice control for every dollar of aircraft expenditure. Developed with the market-leading Maureva KEOPS system, the system centralizes and integrates an airline's cost controls by validating invoices, while also automatically ...
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