Cutting-edge order-to-cash solution now responsible for managing receivables across 15 diverse revenue streams
Gotransverse, the leading provider of enterprise order-to-cash solutions, proudly announces the successful implementation of its state-of-the-art cloud-based software revolutionizing billing and revenue recognition at Amsterdam Airport Schiphol. Gotransverse now processes billing and receivables for an impressive 15 Schiphol revenue streams, representing the majority of the airport’s B2B revenue.
Gotransverse and Royal Schiphol Group have collaborated to transform and consolidate billing and revenue processing from a legacy, on-premises billing software program to the Gotransverse native cloud, SaaS platform. With the completion of the final phase in the implementation process, Gotransverse now handles monetization for B2B airport charges, including airline fees, media advertising, retail promotion, telecommunications, utilities, training, and several other revenue streams. The solution includes data mediation, usage rating, invoice generation, payments, adjustments, and revenue recognition. Gotransverse’s billing solution is integrated with Schiphol’s general ledger system and automatically downloads and processes bank statements.
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“The Gotransverse platform helped us to realize a standardized method of billing for the majority of our B2B revenue streams. The mediation of our flight information into several charges per flight is impressively quick and accurate,” said Marije Sotthewes, Senior Manager of Finance Operations from Royal Schiphol Group.
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“The Royal Schiphol Group project is a real showcase for the power behind our Agile Monetization Platform and its ability to handle truly complex billing at scale,” said James Messer, Founder and CEO of Gotransverse.
“Consolidating the airport’s B2B billing and receivables through a single cloud solution is an impressive feat. The amount of billing transactional data generated by Schiphol is staggering,” concluded Messer. “Gotransverse continues our commitment to helping Royal Schiphol Group optimize their billing operations and shortening time-to-revenue.”