Accelya, a global leader in airline financial and retailing technology, announced that its financial solutions have processed over USD 100 billion in revenue for airlines worldwide in the financial year ending June 30, 2024. This milestone more than doubles the figure from 2019 (pre-COVID), underscoring Accelya’s leadership in financial solutions and its deep expertise in the airline industry.
“In the past financial year, Accelya’s financial solutions processed over USD 100 billion in airline revenue globally, demonstrating our role as a trusted partner in the airline financial ecosystem,” said Sam Gilliland, CEO of Accelya. “We are proud to support over 100 airline customers, providing them with the tools to optimize cash flow, enhance profitability, and ensure seamless revenue settlement. Our continued growth is a testament to our commitment to investing in the future of Settlement.”
Accelya’s scalable, AI-powered financial solutions enable airlines to integrate Offer creation, Order management, Settlement, and Delivery, helping them navigate the complexities of revenue accounting with ease. Through advanced technology and industry expertise, Accelya ensures smooth operations and secure revenue for its airline partners.
Accelya Launches FLX Order Accounting Solution
Continuing with its financial innovation, Accelya is proud to launch FLX Order Accounting, a comprehensive financial platform tailored to the airline industry. This new solution simplifies the entire order-to-settlement process by integrating order creation, management, and financial reconciliation into a unified platform, reducing manual errors, accelerating transactions, and providing real-time visibility into financial data.
“For over 40 years, Accelya has been at the forefront of airline financial solutions,” said Sam Gilliland. “We are now driving innovation for upcoming decades with the launch of FLX Order Accounting. This solution is designed to streamline the order-to-settlement process, offering airlines accuracy, speed, and deeper insights into their financial performance.”
Built on Amazon Web Services (AWS), FLX Order Accounting ensures scalability, security, and high availability. The platform leverages advanced Artificial Intelligence (AI) and machine learning to enhance revenue recognition accuracy, providing airlines with reliable, actionable insights to drive financial success.
“Like all our FLX products, FLX Order Accounting is highly customizable, allowing airlines to adapt the system to their specific business and regulatory needs,” added Gilliland. “This flexibility, combined with our deep industry expertise, makes FLX Order Accounting a powerful tool for airlines looking to modernize their financial operations.”
