IATA’s SIS electronic invoicing platform streamlines your financial processes to improve efficiency while saving time & money
For those in the aviation industry, billings, monitoring payments, or even settling disputes can be unnecessarily complicated when you rely on a paper trail to manage your financial processes. Conventional paper, email, or PDF invoicing and settlements can be cumbersome, time-consuming, and costly.
There should be a simpler way. That’s why IATA designed the Simplified Invoicing and Settlement (SIS). This practical and cost-efficient digital tool removes the need for paper and helps airlines and airline suppliers streamline their financial processes through a simple online platform.
SIS processes over 1.8 million interline and supplier invoices during the year, settling $75 billion in volume. Over 472 airlines, 427 suppliers, 2169 aviation partners, and more than 100,000 BSP and CASS agents use SIS to maximize efficiency and improve overall financial processes.
Manage and track your entire reconciliation process with ease
With SIS you can improve cash management, offer your clients better payment options, and reduce bank fees and exchange charges, all on one central financial hub:
- Generate and manage electronic invoices between airlines and/or direct operating suppliers.
- Bill and settle with thousands of companies in the airline industry.
- Enjoy a fully integrated financial data exchange - track invoices, delivery, disputes, and payments all in one place with a simple click of a button.
- Streamline your processes to reduce accounting and reconciliation costs.
See how SIS enables the exchange of electronic billings and settlements between suppliers and airlines
Complete the form to download the SIS Infographic.
SIS: Leading streamlining financial invoicing platform
By offering one invoicing standard, SIS removes complexity from your financial processes while adding a new level of transparency that improves communication and creates a more efficient billing and reconciliation system.
Some key features include:
| Legal Compliance: Stay compliant with integrated legal services and e-signature capabilities. | Optional Automatic Settlement: Automatically settle invoices in the clearing house. | Automatic Reconciliation: Access billing data to reconcile accounts quickly and easily. |
| Regular Updates: Track payments and billings to better manage cash flow. | Easy Filing: Easily connect to your system with SIS Input Connector and export information to excel. | Improve Record Keeping: Export relevant data for auditing and reporting. |
Discover the benefits of SIS and become part of our community of over 3,000 users across the air transport industry.
Talk to our SIS Product Team and book your personalized demo today.
