A streamlined system for revenue and accounting (R&A) is a crucial objective for airlines. The R&A solution offered by iTran Systems encompasses the entire process, from managing freight rates, acquiring automatic waybill and manifest data, settling freight automatically, collecting payments, and managing deposits. iTran Systemsʼ R&A Solution helps airlines simplify the settlement process, shorten the payment cycle, alleviate financial personnelʼs manual hurdles, improve the overall data accuracy, work efficiency, and significantly cut the labor costs. <><>The market-driven freight rate fluctuations should be reckoned with by the R&A system for an efficient flow of sales and revenues. Nevertheless, some airlines, having launched high-cost freight settlement systems, still continue to process large chunks of work manually. To avoid this complication, iTranʼs R&A system takes into account freight needs of airlines and provides most flexible freight rate formulation methods. In this way the freight settlement work is automated and manual work is significantly reduced. <><>Importantly, iTranʼs R&A solution can seamlessly communicate with the carrier's booking and ground operating systems,enabling the automatic retrieval of waybill and manifest data.This automated process results in improved accuracy, efficiency, and generation of settlement bills.