Welcome to Navigatum!
We are a solution provider, specialising in assisting the
travel industry to navigate through the complexity of today's distribution environment in order to reduce costs in general
and in particular distribution costs.
We have the capability to provide integrated soloutions
ranging from strategic frameworks and concepts to fully featured
e-applications based upon our existing portfolio of products & services
or upon bespoke requirements.
"Example of project-work currently in high demand"
BIDT – to process data
IFRIC13 – to reduce liability
IET – to rollout applications
Processing BIDT
If your company is serious about reducing its distribution costs, you have to begin with making your GDS transactions transparent…
The Global Distribution Systems (GDS) generate raw booking data in the shape of Billing Information Data Tapes (BIDT).
By processing the data, it becomes exposed and can easily be compared with other type of information, which will enable you to:
- Dispute any inaccurate GDS invoice.
- Detect booking patterns and agency behaviors.
- Prevent errors made by system users.
- Deploy back-office e-applications to curve misuse.
We are currently processing BIDT for the Airline, Car rental and Hotel industries with stunning results.
Reducing IFRIC13 liability
If your company is running a loyalty scheme, you must be aware of the new auditing rules, which will force the scheme to find new ways to burn outstanding points/miles faster and in higher quantities than ever before in order to reduce liability…
The International Financial Reporting Interpretations Committee (IFRIC) issued in late 2008 a new interpretation, known as 13, and entitled “customer loyalty programs”.
In essence, it instructs issuers of loyalty “currencies” to separate revenue between income attributable to the actual product or service provided and the portion of the income used to “buy” the loyalty component. “All” of the revenue attributed to the loyalty component is to be accrued and may only be taken as income, by the scheme, when the customer redeems its miles/points.
Unclaimed miles/points are from now on being regarded as a liability to the owner of the loyalty scheme.
We are currently advising the Airline and Hotel industries about available "lower end-redemption concepts and tools" to apply in order to reach healthy results.
Implementing IET
IATA has discontinued with the distribution of paper tickets in 2008 and strives now for a 100% Interline Electronic Ticketing (IET) compliance…
With this is mind; airlines that have not yet implemented IET will need to hurry up!
It can take up to a year to prepare an airline for- and to roll out the new products, therefore, instead of “re-inventing the wheel”, allow us to assist with the implementation of IET with great speed and accuracy.
We have built up a Generic IET Concept (based on real business cases and hands-on experiences), which guides an entire organization through all aspects of the implementation work, governed by a Methodology, which timely co-ordinates the work and safeguards quality.
This will save you precious time and ensure your airline will be interline compatible.
We supply IET auxiliary systems and e-applications:
- Accuracy systems (integrity of e-coupons etc).
- Fulfillment systems (e-PIAR etc.).
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