Thursday, July 16, 2015

What are the Benefits of BSP for IATA Accredited Agents

There are many ways travel agents benefit from participating in IATA's Billing and Settlement Plan:
Simplification
  • Neutral Standard Traffic Documents (STDs) replace dedicated airline ticket stocks.
  • Agent sales are reported electronically to central point
Savings
  • Less resources are required for airline sales reporting
  • Electronic distribution of billing reports
Enhanced control

  • Reporting of standard traffic documents under BSP control
  • Consolidated document flow, permitting accelerated quality controls
  • Overall process monitoring by a neutral body - IATA BSP. 
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