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Flight Profitability and Budgeting System
Biman Bangladesh Airlines Ltd.
Project Overview
ADDIE Soft Ltd. made a transformative leap by introducing a cloud-based, AI-powered Flight Profitability and Budgeting System for Biman Bangladesh Airlines. Leveraging advanced analytics and multi-currency financial reporting, AddieSoft connected previously fragmented systems and implemented real-time monitoring for profit/loss, cost control, and budget alignment. This integration smoothed the airline’s financial decision-making, providing transparent, actionable insights and replacing slow manual processes with faster, data-driven strategies. The project boosted efficiency and profitability, empowering Biman Bangladesh to respond swiftly to market shifts. Ultimately, this system benefits Bangladesh by strengthening its national carrier’s competitiveness and ensuring more sustainable growth in the aviation industry.
Challenges
Lack of comprehensive tools for evaluating overall profitability across routes and flights
Fragmented financial data scattered across multiple, unconnected systems
Inability to access up-to-date analysis for quick, informed decisions
Difficulty in achieving accurate cost management and forecasting
Objectives
Establish a centralized system for transparent financial oversight
Enable rapid and accurate profitability evaluation for strategic planning
Integrate separate data sources for seamless, organization-wide analysis
Provide real-time intelligence to optimize budgeting and resource allocation
Foster proactive cost control and risk reduction through advanced analytics
Our Solution
ADDIE Soft Ltd. implemented an integrated platform that streamlines financial management through unified multi-currency reporting and intelligent profit/loss recommendations. The system automates complex analysis and delivers proactive oversight—ensuring precise cost tracking and agile financial planning. Customizable dashboards empower teams to monitor performance and opportunities at every operational level.
Key Features
✓ AI-driven insights for profitability
✓ Multi-period, multi-currency reporting
✓ Cloud-based real-time monitoring
✓ Advanced analytics & recommendations
Outcome & Impact
📌 Real-time profitability insights📌 Improved budget alignment
📌 Transparent financial reporting
The project tackled the pressing challenge of fragmented financial systems lagging behind cutting-edge solutions and limited profitability analysis for Biman Bangladesh Airlines. By deploying an integrated, AI-driven platform, AddieSoft delivered real-time insights, unified data, and agile profit/loss management—fully aligning with the client’s strategic and operational goals. As a result, the airline streamlined decision-making, boosted efficiency, and gained a clear competitive edge. The implementation highlighted the value of automation, cross-team collaboration, and transparent reporting. For organizations seeking similar transformation or partnership, engaging with innovative tech providers like AddieSoft is the way forward.
USA Office
ADDIE Soft LLC
501 Silverside
Road, Suit 105 #4987,
Wilmington, DE 19809, USA
UK Office
ADDIE Soft (UK) Ltd
ADDIE Soft (UK) Ltd 71-75 Shelton St, Covent Garden, London, WC2H 9JQ
Bangladesh
ADDIE Soft Ltd.
27 Shaptak Square, Level-12, Plot-2 (Old-380), Road-16 (Old-27), Dhanmondi, Dhaka - 1209
Branch Office
Shyamoli Square (Level-7), Plot #23/8-B, Block-B, Bir Uttam A.N.M. Nuruzzaman Sharak, Mirpur Road, Dhaka-1207
