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.