July 28, 2014: Accenture has released a new version of its Air Cargo Pricing software designed to help air cargo carriers better compete through advanced, flexible rate construction and prevent revenue leakage by increasing visibility and maintaining price integrity across the entire quote-to-ship cycle.
Part of the Accenture Freight and Logistics Software portfolio, Accenture Air Cargo Price 6.4 offers air carriers more options in rate creation and maintenance, enhanced features to support the current interline market and can help increase productivity for users.
Accenture Air Cargo Pricing version 6.4 provides a reliable and automatic rating engine that supports the calculation of applicable rates and charges for each transaction. This improves transparency across the supply chain and can help improve cargo yield. New enhancements enable carriers to:
Easily create and update cargo rates: The newest version of Accenture Air Cargo Pricing has a flexible rate maintenance process through a new, innovative Referential Model that standardizes rating methods. The Referential Model allows rates to be built based on a static rate and then adjusted for factors such as product, commodity, unit load device and market fluctuations. This enables carriers to quickly and easily create and manage unique, competitive rates that match the needs of their customers.
Effectively manage rates with partners: New features in auto-rating allows for easier rate creation when partner airlines are involved. Rate changes are automatically updated across the system, reducing errors. These features also ensure that agents receive an accurate commission for booked flights.
Improve operational efficiencies: An enhanced user experience includes automatic alerts that help avoid delays in decision making and a customizable workflow to match customer business processes. Integration with Accenture Air Cargo Reservations software creates a highly efficient freight reservation process.
"For maximum profitability, carriers need transparency at every point of the shipping process, starting with the initial pricing quote," said Malcolm McNamara, global managing director of Accenture Freight and Logistics Software. "Accenture's Air Cargo Pricing software prevents revenue leakage through an easy-to-use framework for pricing, creating centralized decisions and increased visibility into every quote."
The new version of Accenture Cargo Price can be implemented as a standalone product or as part of Accenture Freight and Logistics Software's Air Cargo Suite. Combining an experienced team with leading-edge software and a global delivery capability, Accenture Freight and Logistics Software helps organizations realize value from their technology investments and manage the escalating challenges of volatile markets.