"This is a significant achievement for GRU Airport as we formally take over operations for São Paulo International Airport," said Marcus Abreu, CFO at GRU Airport. "We've found in MetraNet a solution that can not only monetize aviation services, but also all other services such as mall and properties which we expect to increase following a trend we see in other airports around the world."
In 2011 the GRU Airport was ranked 1st in terms of transported passengers, aircraft operations, and cargo handled in Brazil. São Paulo is the busiest passenger airport in Latin America with approximately 34 million passengers (2012) and over 340,000 tons of cargo (2012). MetraNet is automating processes and financial models for greater accuracy and transparency to GRU Airport and its airline and concession partners.
These financial models involve complex calculations based on Airport Use Agreements and contracts. Billing calculations require dynamic charging of a diverse set of services including landing/take-off, terminal usage, enplanement/deplanement, flight support, utilities, ground handling, passenger facility charges and retail leases.
"The ability of MetraNet to be easily configured to support all of our business models in record time made it possible for this milestone to occur," said Luiz Ritzmann, CIO at GRU Airport. "The ease of use and high visibility also helped us to quickly make any adjustments necessary to comply with regulatory rules during certification."
MetraNet is the only billing and compensation platform built on an extensible metadata-driven architecture that makes it simple for customers to model services, introduce services and pricing plans, and to change them in rapid response to market demands. Billing and multi-party settlement functionality such as commissioning, revenue sharing and other B2x compensation schemes are supported on the same powerful platform. Partnerships with 3rd parties can be handled with accuracy, visibility and control for all.
Scott Swartz, founder and chief executive officer of MetraTech Corp., said, "We are extremely proud that GRU selected MetraNet as its billing solution and they have been a terrific partner. With the upcoming World Cup 2014 and Summer Olympics in 2016, we are excited to be working with GRU to modernize airport billing and grow new services at the airport."
About Guarulhos International Airport Concessionaire S.A.
The Guarulhos International Airport Concessionaire S.A., known by the brand name GRU Airport - International São Paulo Airport was incorporated by GRUPAR who signed on June 14th of 2012 a 20-year concession contract of the international airport of São Paulo with the Brazilian Government.
Grupar is comprised of the Invepar Group, a reference in the South American transportation infrastructure segment; ACSA (Airports Company South Africa), which operates some of the fastest growing airports of the world, such as the Johannesburg airport (South Africa) and Bombay (India); and Infraero, with extensive experience in operating 63 domestic and international airports throughout Brazil.
MetraTech Corp. offers an innovative approach for monetizing relationships with customers, partners, and suppliers. Organizations are empowered to embrace change through a unique agreements-based billing and compensation solution that models and supports fluid, personalized, multi-party agreements. We automate business processes and business models to address rapidly changing or sophisticated business models. Our products are deployed globally, and our customers use MetraTech to innovatively create and securely collect revenue, compensate partners and manage their customer lifecycle in 12 languages, 28 currencies and 90 countries. Customers include Arkadin, Concur (NASDAQ: CNQR), The Depository Trust and Clearing Corporation (DTCC), CETIP, the City of Chicago, LifeLock (NYSE: LOCK), Microsoft (NASDAQ: MSFT), PGi, Telmore and Telus (NYSE: TU). The company is headquartered in Boston, with offices in London, Paris, and Rio de Janeiro. MetraTech is a venture-backed, privately held company whose investors include Accel Partners, Meritech Capital and Vesbridge Partners.
For more information, please visit www.metratech.com and www.metanga.com, or contact us at email@example.com.
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