Airline industry is a volatile industry which is severely impacted by the slightest turbulence. Its profit margins are thin and it is highly capital intensive. Maximizing revenues and protecting them from leakages therefore becomes a strategic objective. Surveys have concluded that leakages may be as high as 1% to 3% of an airline's revenue. An IATA survey had estimated the loss to airlines due to frauds and ticketing errors to be USD 1.5 billion.
Zero Octa Pax Sales Audit is aimed at helping airlines plug such revenue leakages and significantly transform their balance sheets.
Zero Octa PAX Sales can recover 0.5-1.0 % of your Agency Sales through a comprehensive and complete sales audit.
Zero Octa Pax (Passenger) Sales Audit will identify and recover Fare, Tax, Commission errors and other errors and abuses in the system. Complex fare structures, inability to manage large volumes of data and inefficient controls necessitate an effective and comprehensive Zero Octa Pax Sales Audit.
Business Benefits and Zero Octa Advantage
No initial investment for the airline - Well developed infrastructure and technological processes assist in quick and accurate audit results
Save audit operations cost - Convert from fixed cost to variable cost
Exposure to best industry practices - Consultation on other Revenue Recovery Services and Revenue Accounting
Quick cash flow - Possible due to fast turnaround time
Security of data - Zero Octa follows international security standards to ensure confidentiality of your precious information.
Revenue Protection - Drive business discipline among the travel agents.
Better and tighter upstream processes - to help you eliminate causes for revenue leakage.
