Transportation Billing and Settlement
Transportation companies are always looking for ways to improve operating efficiencies and one of the first areas typically targeted is the back office. Matching PODs to invoices, billing, copying and faxing supporting documents to customers are among the most time consuming and labor intensive manual processes to manage. Missing paperwork and incomplete or inaccurate information causes delays in processing. As a result, your company may miss vital pay discounts, send out incorrect bills, or create erroneous driver settlements.
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The financial module of SHIPS enterprise transportation software include workflow solutions for load tendering, accounts payable, short pay workflow, immediate POD & email notification and incomplete dispatch or billing.
Key Benefits:
- Reduce costs and improve overall company efficiency by ensuring consistent execution of standardized processes.
- Improve cash flow by eliminating delays in billing.
- Reduce aged accounts through real time monitoring.
- Increase customer and driver satisfaction through improved accuracy and timeliness of billing and settlements.
- Avoid costly errors by sending real time alerts to appropriate personnel when paperwork is missing, tasks are not completed or data has been entered incorrectly.
- Increase employee productivity by managing "non-standard" transactions only.
- Reduce paper and storage costs through a centralized electronic database.
- Mitigate risk with easy access to historic documents and records.
- Improve accountability through the tracking and management of daily activities.
