CASS

E54719
IATA program cargo accounts settlement system financial clearing system

CASS is the Cargo Accounts Settlement System, a global IATA-managed platform that streamlines and standardizes financial transactions between airlines and freight forwarders.

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Statements (47)

Predicate Object
instanceOf IATA program ⓘ
cargo accounts settlement system ⓘ
financial clearing system ⓘ
abbreviationOf Cargo Account Settlement Systems ⓘ
surface form: Cargo Accounts Settlement System
benefit harmonized billing cycles ⓘ
improved cash flow visibility ⓘ
reduced administrative workload for airlines ⓘ
reduced administrative workload for freight forwarders ⓘ
reduced payment risk for airlines ⓘ
standardized financial procedures ⓘ
category air cargo financial infrastructure ⓘ
aviation settlement platform ⓘ
dataType financial transaction data ⓘ
domain air cargo finance ⓘ
fullName Cargo Account Settlement Systems ⓘ
surface form: Cargo Accounts Settlement System
function centralized invoicing ⓘ
centralized settlement ⓘ
remittance processing ⓘ
standardized reporting ⓘ
geographicalCoverage multiple IATA regions ⓘ
governedBy IATA resolutions ⓘ
industry air cargo ⓘ
aviation ⓘ
managedBy International Air Transport Association ⓘ
operatedBy International Air Transport Association ⓘ
surface form: IATA
process consolidation of freight forwarder payments ⓘ
distribution of funds to participating airlines ⓘ
processType clearing and settlement ⓘ
purpose to facilitate billing and settlement of air cargo accounts ⓘ
to standardize financial transactions between airlines and freight forwarders ⓘ
to streamline financial transactions between airlines and freight forwarders ⓘ
relatedTo IATA Cargo Agency Program ⓘ
IATA Resolution 762 ⓘ
surface form: IATA Passenger Billing and Settlement Plan
riskManagementRole credit risk mitigation for airlines ⓘ
payment default control ⓘ
scope global ⓘ
stakeholder IATA member airlines ⓘ
airlines ⓘ
cargo agents ⓘ
freight forwarders ⓘ
standardization standardized remittance procedures ⓘ
standardized reporting formats ⓘ
supports multi-currency settlement ⓘ
settlement of cargo sales ⓘ
usedBy airlines ⓘ
cargo agents ⓘ
freight forwarders ⓘ

Referenced by (2)

Full triples — surface form annotated when it differs from this entity's canonical label.