The airline industry revenues are down in almost all parts of the world. Current global economic and political conditions, coupled with rising fuel prices are creating vulnerability and uncertainty for airlines. Furthermore, the industry is hurt by an over–supply of product by many fragmented competitors. Recent entry of low–cost / low–complexity airlines have only increased the pressure on established airlines. With elusive top–line growth, airlines realize that they need cost management and efficiency strategies to improve their bottom lines. Streamlined corporate spend is a key element of that strategy.
Ketera provides companies in the Airline segment with the applications and services needed to control and reduce corporate spending at a low cost of ownership. Its on demand suite includes applications for spend analysis, sourcing, contract management, e–procurement, and payment & reconciliation. The combination of these hosted applications along with services such as implementation, supplier enablement and system administration has allowed leading airlines such as United and Delta to streamline their corporate spend and reduce their overall costs. |
