What is eCargo?
Reconcile
An eye on logistics spend
Automate freight cost calculation and reconcile freight provider invoices.
Key Issues:
- Organisations seek to increase competitive advantage by maximising cash flow, lowering invoice processing costs and improving visibility into spending
- Invoice processing and accounts payable functions remain highly labour-intensive with too much paper
- Often a jumble of systems with limited integration and poor visibility into actual spend
- Billing errors such as duplicates and volume mis-matches are problematic and time-consuming to resolve
eCargo delivers:
Invoice Reconciliation: Automates the process of reconciling freight invoice lines using actual freight movements, agreed freight rates and allowed variances. Provides a clear business process to manage exceptions.
Buyer created invoicing: Issue buyer created invoices at the click of a button for self billing and remove the need to reconcile supplier invoices.
Freight rates database: A central database of all supplier rates and business rules.
Automate settlement: Integration with core systems to automate payment processing & settlement. Supports assignment of all costs to G / L account codes.
Freight Cost Accruals: Real-time visibility over actual freight costs.
Cost analysis: Review freight costs down to the order line/sku level. Visibility over variances to actual delivery costs to provide opportunities to reduce costs through optimising freight movements
Key Benefits:
- Improved visibility and auditability of the business process
- Reduced invoice processing costs and payment cycle times
- Elimination of overpayments and duplicate payments
- Managed implementation and monitoring of complicated rating structures and business rules