WFS 2018 – Industry Meetings 7th SIS GM – 18 Sep 2018

th

17 – 20 September 2018 Madrid Marriott Auditorium Hotel & Conference Center

5World Financial Symposium

WFS 2018 – Industry Meetings 7th SIS GM – 18 Sep 2018

18th September 2018 Madrid Marriott Auditorium Hotel & Conference Center

7th SIS General Meeting

WFS 2018 – Industry Meetings 7th SIS GM – 18 Sep 2018

SIS Functionality

and the Way ForwardSIS Break Out Session #3

(Brenda Fullmer (AA) /

Adina Minculescu / Thierry Cerpolet (IATA)

WFS 2018 – Industry Meetings 7th SIS GM – 18 Sep 20184

SIS Functionality – Key Features

One Electronic Standard All parties connected agree to submit and receive invoices in one single file format

(named “IS-XML”)

Legal Compliance Optional Digital signature as required

Storage of digitally signed invoices under legal compliance

Optional Settlement Provides fast, secure and cost-effective Settlement services for

the air transport industry (e.g. ICH , ACH)

WFS 2018 – Industry Meetings 7th SIS GM – 18 Sep 20185

SIS Functionality – Key Features (2)

Full Traceability Invoice history and status is easily traced for any reference

Data Validation Specific to air transport activity

Input data validated against reference data to ensure accuracy

Mandatory attributes define the minimum information required for reconciliation

Dispute Management Streamlines the rejection process to increase efficiency

WFS 2018 – Industry Meetings 7th SIS GM – 18 Sep 20186

Complex Invoice ApprovalPain Points: Lost Invoices

Eliminates paper, monitors and tracks invoices

Speeds up reconciliation by enabling automation

Standardized IS-XML format accepted by all airlines

Billing Party SIS e-invoicing

Billed

Partysend e-invoices via to bill

Different InvoiceFormats

Solution:

WFS 2018 – Industry Meetings 7th SIS GM – 18 Sep 20187

SIS Functionality Billing Party BenefitsReduces lost and

mishandled invoice

Access to SIS Community with single

IS-XML Standard

Improved cash-flow

due to better reconcili-

ation

No missing data ,

recipient rejections reduced

Reduced costs by

going paperless Billing

Party Benefits

WFS 2018 – Industry Meetings 7th SIS GM – 18 Sep 20188

SIS Functionality Billed Party BenefitsImproved financial

processes

Reduced labour work

and operating

costs

On time payments, improved

control over cash flow

Increased financial efficiency

and information

quality

Improved dispute

handling and relationships

with suppliers

Billed Party

Benefits

WFS 2018 – Industry Meetings 7th SIS GM – 18 Sep 20189

SIS Landscape Evolution

From Airlines to Airlines at start, SIS evolved to support the needs for the e-invoicing in the aviation industry

WFS 2018 – Industry Meetings 7th SIS GM – 18 Sep 201810

Initial Targeted Landscape

SIS

Airlines

Airlines

AirlinesAirlines

Airlines

WFS 2018 – Industry Meetings 7th SIS GM – 18 Sep 201811

Current Landscape

SIS

Airlines

Low Cost Carriers

AirlinesSuppliers

IATA Customers

WFS 2018 – Industry Meetings 7th SIS GM – 18 Sep 201812

How do you see SIS future landscape ?

Where to expand opportunities ?

What SIS can do more for you to improve your process efficiencies ?

Where are you still facing issues ?

WFS 2018 – Industry Meetings 7th SIS GM – 18 Sep 201813

Opportunity Landscape

SIS

??

BSP Agents

Multimodal

Train

Low Cost Carriers

Airlines

Suppliers

IATA Customers

ISAGO Ground

Hdlr

CASS Agents

• CASS Hungary• BSP / CASS Italy

Is it your view as well ?

( Tax declarations for local authorities )

WFS 2018 – Industry Meetings 7th SIS GM – 18 Sep 2018

Thank You !