The SkyTRAACS platform is purpose-built for airline financial excellence, offering deep, specialised solutions in Cost Accounting, Revenue Accounting, and Financial Accounting.
Each module is designed to give airlines real-time financial visibility, flight- and route-level profitability insights, and audit-ready control, while seamlessly aligning finance with airline operations and commercial workflows.
FINANCIAL INTELLIGENCE FOR EVERY FLIGHT, ROUTE, AND PROFITABILITY
Airline revenue accounting requires accurate billing, proration, commission handling, partner settlements, and audit-ready recognition across passenger, cargo, charter, and ancillary revenues. SkyTRAACS Revenue Accounting delivers an integrated platform for PSS- and DCS-connected billing automation, ensuring revenue is captured, validated, and allocated with precision. With built-in sales and revenue audit controls, interline reconciliation, and real-time settlement visibility, SkyTRAACS helps airlines strengthen revenue integrity, reduce leakage, and accelerate closure cycles with confidence.
SkyTRAACS Cost Accounting gives airlines complete cost control by capturing and allocating costs with real operational accuracy. SkyTRAACS links every cost element directly to flight-wise and route-wise profitability, enabling finance leaders to uncover true margins and improve cost governance in real time.
SkyTRAACS Financial Accounting provides an airline-ready foundation with a flexible chart of accounts, automated reporting, forex revaluation, and reconciliation capabilities. By connecting seamlessly with revenue, cost, and operational systems, it enables finance teams to maintain a single source of financial truth and deliver faster, more reliable financial decisions across the airline business.
SkyTRAACS enables airlines to improve profitability and governance by delivering accurate financial visibility at flight and route level, strengthening revenue integrity through audit-ready controls, and ensuring operational costs are captured and allocated with precision. With seamless alignment between billing, costing, and financial reporting, airline leadership gains faster, more reliable insight for planning, forecasting, and performance optimisation.
SkyTRAACS increases efficiency by streamlining the financial processes through effective automation of day-to-day back-office finance activities enabling better allocation of resources. SkyTRAACS enables a considerable reduction in reliance on manual work that helps reduce the need to increase resources with business growth.
SkyTRAACS simplifies airline finance management by providing real-time access to financial data. This helps airlines to make informed and timely decisions helping in improved financial performance.
SkyTRAACS offers a centralized platform for a 360-degree Airline finance management, assuring transparency by providing a single source of financial information. This ensures that all financial data is consistent, accurate, and up-to-date, which makes it easier to track and monitor financial performance.
SkyTRAACS does fully automated cross-referencing of airline operational data against predefined benchmarks, historical trends, and industry standards to derive financial data thereby eliminating any inconsistencies or anomalies which are flagged, ensuring data integrity and enabling timely corrective actions.
SkyTRAACS delivers clear and detailed financial reporting, providing a comprehensive overview of the airline’s financial performance.
SkyTRAACS provides real-time access to financial data, which increases transparency and visibility into the financial performance of the airline. This allows stakeholders, including investors, shareholders, and regulators, to have up-to-date information on the financial health of the airline.
Real-time and accurate financial reporting helps in effective data analysis and forecasting leading to timely and informed decision-making.
SkyTRAACS help airlines to reduce revenue leakages by providing accurate and timely revenue data, automating billing and revenue accounting processes, and detecting and preventing inaccuracies through effective reconciliation of billing data. This helps the airline to improve its bottom line.
Achieve real financial improvements through automation, validation, and operational integration.
SkyTRAACS streamlines financial and operational processes by reducing manual intervention through extensive automation of day-to-day back-office financial activities that improve the efficiency of workflows. Integrated with PSS and DCS systems, SkyTRAACS fully automates Travel Agent Invoicing and Revenue Accounting to a very high degree. Additionally, SkyTRAACS also automates daunting reconciliation tasks like interline billing reconciliation, Unclaimed No-Show tickets reconciliation, supplier reconciliation, and bank reconciliation, which helps the reallocation of resources to focus on strategic activities.
SkyTRAACS serves as a single platform for performing all the financial activities that include, Billing, Revenue Accounting, Cost Accounting and Financial Accounting, giving the airline management a full insight into the entire spectrum of financial activities performed, enabling better understanding and visibility of the Airline’s financial position. Also, SkyTRAACS gives real-time access to financial data like accounts receivable, accounts payable and general ledger coupled with enhanced financial reporting which backs data analysis, and the ability of the software to accurately derive route and flight-wise performance data helps in optimised flight schedule planning, route planning, fleet optimization, managing promotional activities and forecasting.
SkyTRAACS encompasses a complete spectrum of day-to-day back-office financial activities in a single platform enabling airlines to assess their revenue and cost performances effectively with the help of real-time financial data. This integration of a variety of financial activities helps the airline management to derive a holistic financial insight. An all-encompassing view of the daily financials helps exert better financial control as it gives the management better visibility of data to make informed decisions.
Moreover, the ability of the SkyTRAACS system to integrate different financial functionalities into a single system reduces data inaccuracies preventing revenue leakage which improves the overall financial performance.
Revenue leakage is one of the major concerns identified in the Airline Industry. This is mainly due to various reasons like lack of automation in financial processes, lack of real-time financial reporting causing delays in data analysis, manual reconciliation of supplier and interline invoices leading to errors and data inaccuracies.
The extensive reporting and real-time availability of financial data, and the high level of automation achieved in interline reconciliation, travel agent invoicing and Revenue Accounting processes in SkyTRAACS reduce data errors drastically.
Additionally, comprehensive user management capability increases data security and the extensive drill-downs in the reports give Airline Management clearer visibility into the data at the transaction level, helping identification of data inaccuracies and data frauds, and taking corrective actions in a timely manner.
Preventing revenue leakage helps improve the bottom line and boosts confidence, and sets the narrative for better overall financial performance.
