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  • Supplying Integrated

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    arun
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    LMN integrates its flight booking and finance systems to streamline the reconciliation process. When a customer books a flight (1), the booking is confirmed to the customer (2) and payment is reconciled (3A). Supplier settlement is automatically paid, regardless of how or when the customer pays (3B). Any discrepancies between customer payments and supplier settlements are reconciled (3C). This allows supplier payments to be automated and independent of customer payments.

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    Lmn

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    supplying integrated

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    LMN integrates its flight booking and finance systems to streamline the reconciliation process. When a customer books a flight (1), the booking is confirmed to the customer (2) and payment is reconciled (3A). Supplier settlement is automatically paid, regardless of how or when the customer pays (3B). Any discrepancies between customer payments and supplier settlements are reconciled (3C). This allows supplier payments to be automated and independent of customer payments.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    6 views6 pages

    Supplying Integrated

    Uploaded by

    arun
    LMN integrates its flight booking and finance systems to streamline the reconciliation process. When a customer books a flight (1), the booking is confirmed to the customer (2) and payment is reconciled (3A). Supplier settlement is automatically paid, regardless of how or when the customer pays (3B). Any discrepancies between customer payments and supplier settlements are reconciled (3C). This allows supplier payments to be automated and independent of customer payments.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    of 6

    Supply & Finance Integration – LMN India

    LMN Flights 3A iTraveller LMN Finance


    1

    2
    3B
    3

    Booking
    Confirmation

    Customer Payment Reconciliation


    4 Customer Payment – EUR 1000/-
    Supplier Settlement – EUR 950/-
    Confirmation of
    booking to the
    3C
    customer Reconciliation

    Dynamic data update to LMN Passive Reconciliation for supplier payments Flight
    Supplier payments are automated &
    Suppliers
    independent of how the customer payments
    are collected/managed
    LMN Flights 3A iTraveller LMN Finance
    1

    2
    3B
    3

    Booking
    Confirmation

    Customer Payment Reconciliation


    4 Customer Payment – EUR 1000/-
    Supplier Settlement – EUR 950/-
    Confirmation of
    booking to the
    3C
    customer Reconciliation

    Dynamic data update to LMN Passive Reconciliation for supplier payments Flight
    Supplier payments are automated &
    Suppliers
    independent of how the customer payments
    are collected/managed
    LMN Supply APIs 3A iTraveller LMN Finance
    1

    2
    3B
    3

    Booking
    Confirmation

    Customer Payment Reconciliation


    4 Customer Payment – EUR 1000/-
    Supplier Settlement – EUR 1000/-
    Confirmation of
    booking to the
    3C
    customer List of bookings feed from iTraveller Reconciliation

    Payment request from supplier to LMN


    Flight
    Payments from LMN to supplier based on the reconciliation
    Supplier payments are automated &
    Suppliers
    independent of how the customer payments
    are collected/managed
    LMN Supply APIs 3A iTraveller LMN Finance
    1

    2
    3B
    3

    Booking
    Confirmation

    Customer Payment Reconciliation


    4 Customer Payment – EUR 1000/-
    Supplier Settlement – EUR 1000/-
    Confirmation of
    booking to the
    3C
    customer List of bookings feed from iTraveller Reconciliation

    Payment request from supplier to LMN


    Flight
    Payments from LMN to supplier based on the reconciliation
    Supplier payments are automated &
    Suppliers
    independent of how the customer payments
    are collected/managed

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