ARC Launches Orders-Based Reporting and Settlement System to Advance Airline Retailing
New ARC Offering Marks a Major Step Beyond Ticket-Based Reporting and Settlement
The first release of ARC's orders system enables the reporting and settlement of orders with a cash form of payment while also supporting real-time data exchange and expanded reporting and analytics. It marks the next phase of ARC's modern airline retailing strategy, which will simplify servicing and back-end processing across airline distribution channels to create a streamlined, customer-centric travel experience for travel agencies and airlines.
"Orders represent a fundamental shift in how ARC and our partners conduct business," said
ARC worked closely with its orders-focused advisory councils of airlines, travel agencies and travel technology providers to build a system based on industry standards that works for ARC's airline and agency customers. Going forward, ARC will support the reporting and settlement of orders-based transactions as well as both global distribution system (GDS) EDIFACT and New Distribution Capability (NDC) transactions.
"Collaboration is paramount to ensure the transition to orders-based reporting and settlement is deliberate, scalable, and ensures all parties have access to the data they need to run their businesses," said ARC's new Head of Orders,
Visit the offers and orders webpage on the ARC website to learn more and get started.
About ARC:
ARC's data platform is the intelligence behind air travel, connecting the industry ecosystem and powering commercial decisions for airlines and their partners. We manage the world's most comprehensive airline ticketing dataset, comprised of over 24 billion passenger flights operated by more than 480 airlines in 235 countries since 2015. ARC's trusted reporting and settlement services process over
Contact:
ARC Media Team
[email protected]
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SOURCE Airlines Reporting Corporation (ARC)
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