AIRLINE BUDGETING SYSTEM
G-COMS PCM Tool helps Airlines to quickly adopt Activity Based Cost (ABC) Analysis & Reporting, which is a proven methodology for cost containment. Besides G-COMS helps to centrally monitor and manage contracts and SLAs. G-COMS can be used as a stand-alone system or can be integrated with your ERP systems – whether it is SAP®, Oracle® or any other ERP system.
- Cost Centers / Departments requests release of funds from approved budgets
- Spends that are governed by contracts are managed centrally and closely monitored to ensure compliance with SLAs
- Usage based charges (for eg. ground handling) made to report directly from the place of occurrence after routing through a review and approval mechanism
- Activity based cost determined and accrued at the end of month
- Invoice reconciliation and variance reporting based on self-invoice, which is generated based on actual performance of activities
- Noncompliance of SLAs analyzed to assess the financial impact
- Analysis done on variance identified on invoice reconciliation
G-COMS ADVANTAGES
- Over Spending identified, reported, made accountable for and control mechanism derived and passed for action
- Effectiveness of cost containment monitored, measured and reported
- Alternatives identified and analyzed to assess the long term and short term impacts
- Savings identified, documented and reported to see if similar models can be applied in other parallel scenarios
- Use contract performance data for effective contract negotiation
G-AERO Airline Division, GrandTrust InfoTech Private Limited (GTI), 12B1, Trans Asia Cyber Park ,Infopark Phase II, Ambalamedu P O, Kakkanad Kerala, India-682303