SAP first vendor certified by IATA for Settlement with Orders
We are happy to announce that SAP received its certification for Settlement with Orders from IATA on Friday, June 25th. After having been the first vendor to be certified for Order Management and Order Accounting in 2019, SAP now also reached its goal to be the first vendor to be certified for Settlement with Orders.
SAP Billing and Revenue Innovation Management allows airlines to fully automate their settlement process as well as perform order accounting in compliance to IATA’s standards for Airlines Retailing and ONE Order.
This new settlement process brings numerous benefits to the airline industry.
Implementing Settlement with Orders was a simple process that required no additional development. It only involved the configuration of business processes and setting up integration content to reflect IATA industry message standards.
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