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ARC Corporate Communications
4100 N. Fairfax Drive, Suite 600
Arlington, VA 22203-1629
703 816-8525
Fax: 703 816-8168
corpcom@arccorp.com

 


ARC Press Releases

ARC READIES FOR JANUARY ROLL-OUT OF NEXT GENERATION ELECTRONIC REPORTING

Arlington, VA, July 15, 2004 - ARC is preparing to bring IAR, the electronic reporting system, to a new technology level with the January 2005 launch of "IAR 2.0." In doing so, ARC will capture technological advances developed since the 1998 introduction of the current Interactive Agent Reporting (IAR) system. IAR is the cornerstone behind the reporting and settlement of three to four million travel agent transactions every week. Twenty-five thousand travel agency locations and corporate travel departments will enjoy a robust, Web-based, and more user friendly system that will replace the former "green screen" technology.

IAR 2.0 will continue to provide all the benefits associated with the current electronic reporting system but with several new features. Enhancements that will contribute to increased user friendliness include:

  • Reducing by half the number of screens needed to complete a sales report
  • Accomplishing exchange transactions - currently the most complex of transactions - with four screens rather than thirteen
  • Increasing the amount of data available and viewable, on one screen. Green-screen technology limited the user to seeing only nine lines. With IAR 2.0, the limit is over one hundred lines when needed
  • Replacing all two-character commands with familiar point-and-click commands and functions.
  • Increasing flexibility for multiple location entities to set up their own customized groupings for access to reporting and viewing functions
  • Downloading or printing of sales report information will be a snap with an easy interface to popular spreadsheet and word processing applications.
ARC intends to transition all accredited travel agency and CTD locations to the new and improved IAR 2.0 platform during 2005. All that is needed from you to utilize the new enhanced system is an Internet connection, a reasonably currently configured PC or laptop, and a desire to spend a lot less time on sales reporting with a new and easier to use product.

ARC accredited travel agents and CTDs seeking additional information regarding IAR 2.0 may access updates on ARC's Web site at http://www.arccorp.com/products/prod_fin_IAR20.html.

About ARC
ARC is the premier financial transaction processing and settlement corporation that facilitates the distribution of travel products and related information in the United States, Puerto Rico, and the U.S. Virgin Islands.   There are more than 25,000 ARC-accredited travel agency and corporate travel department locations and approximately 135 participating airlines and railroads in ARC's settlement system.  Using increasingly sophisticated electronic means for ticket distribution, reporting, and remittance, these points of sale are responsible for air and rail sales exceeding $60 billion per year. For more information about ARC, please visit http://www.arccorp.com.





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