EDGAR : Order Accounting

Pioneering Order Accounting following IATA ONE Order Standards

Maureva is taking an active role in setting up new IATA industry standards following ONE Order and Settlement with Orders initiatives. This is an opportunity to transition to simplified accounting processes, moving away from complex revenue accounting operations to more efficient and automated environment.
To support the definition and implementation of these new standards, we actively participate in various IATA working groups, such as:

• ABS WG (Airline Billing and Settlement Working Group)
• OAG (Order Accounting Working Group)
• OOTSSWG (Offer and Order Technology Standards Support Working Group)

As an IATA Strategic Partner in Settlement and Accounting Standards, we also contribute to the Settlement and Accounting Board’s efforts to develop standards for business processes and data exchange in various areas, including:

• BSP DISH (Data Interchange Specifications Handbook) Data Exchange Standards
• Order Accounting
• Revenue Accounting
• Settlement and Accounting

Benefits

Enhancing PRA Capabilities for Order Processing

To support the transition to order-based processes and bring process simplification, we are enhancing our existing Passenger Revenue Accounting capabilities. In early 2023, we established a dedicated taskforce to design a new EDGAR Order Accounting solution. This new solution enables airlines to manage both legacy (PNR-based) and Order-based transactions in a unified environment. This not only brings more accuracy to financial records but also reduces the complexity of reconciliation processes.
As we anticipate a hybrid transitional period, where both legacy PSS and Order Management Systems (OMS) will coexist for an unknown period that will last several years, it is crucial for Maureva to provide solutions that ensure seamless processing across both environments, enhancing automation for complex tasks and simplifying the overall accounting workflow.

Strategic Partnerships and Integration

We are engaging with various OMS providers to position ourselves as a preferred partner for Order Accounting solutions. The EDGAR Order Interface processes OSIN (Order Sales Information Notification) and SSCN (Service Status Change Notification) messages, generating corresponding accounting entries for each sale and usage transaction. Additionally, an IATA Acknowledgement message is sent back to the OMS to confirm receipt. This brings process simplification and supports a transition to more accurate and streamlined accounting processes.

Hybrid Processing During Transition

During the transition period, EDGAR integrates orders with ticketed data (including NDC sales). The legacy data will be processed in the legacy EDGAR PRA solution, while order information is handled by the EDGAR ONE Order module. This approach allows our client airlines to manage legacy processes and obtain a comprehensive view of hybrid and full order records, all within a single environment.

Comprehensive Reporting, Settlement and Interfacing

EDGAR consolidates and processes data across all distribution channels and provides exhaustive reporting and interfacing capabilities to other third-party systems (such as ERP). Choose Maureva’s EDGAR Order Accounting solutions for seamless integration with IATA ONE Order and Settlement with Orders (SwO) standards, ensuring your airline stays ahead in our continuously evolving industry. With EDGAR Order Accounting, we support financial processes simplification, enhanced automation, and more accurate and timely financial records.

Testimonials

Request a demo

If you would like more information about our solutions and services, please fill in the hereby form and we will be happy to schedule a demo.

Yes, MAUREVA team may contact me via e-mail or telephone concerning our airline solutions & services, as well as other content that may be of interest following my request.

Contact Info