Mercator launches new FASTRAC revenue accounting solution

FASTRAC is intended for small and medium-sized airlines and is a version of RAPID, the best-of-breed suite of financial systems for managing revenue accounting.

FASTRAC is an integrated solution with modules for Sales, Uplifts, Proration and Interline Billing - and provides the swift revenue determination, accurate invoicing and timely information which are crucial for corporate decision making.

It offers a cost-effective, flexible, adaptable means of managing the many processes involved in revenue accounting. For airlines with large volumes of interline traffic and complex bilateral agreements, FASTRAC integrates seamlessly with PROFIT, Mercator's advanced interline proration system.

Hugh Pride, Director Mercator, said, " FASTRAC will allow small and medium sized airlines to automate their revenue accounting, and its functionality will help them speed up cash flow, reduce costs, prevent fraud, obtain timely reports for decision-making and improve administrative processes - all vital to competing effectively in commercial aviation today.

"Mercator's industry expertise, through its close association with the Emirates Group, combined with FASTRAC's proven track record and short implementation cycle, makes this new system the preferred choice for the small to medium sized airline," Mr Pride said.