Overview
Our enhanced Vendor Settlement Flow in the Transport Management System (TMS) introduces powerful new capabilities to simplify and optimize the financial reconciliation process between shippers and vendors. By streamlining workflows and enabling transparent collaboration, this upgrade ensures faster, dispute-free settlements while enhancing vendor relationships.
Key Features
Reverse Billing Flow:
Generate pro forma invoices automatically based on rate masters, billing cycles, and approved charges, ensuring accuracy and alignment with predefined terms.
Streamlined Workflow:
Seamlessly integrated processes across the Vendor Portal and Operations Dashboard provide complete visibility into invoices, payments, and settlement status.
Dispute Resolution:
A dedicated feature allows shippers and vendors to document, track, and resolve reconciliation issues efficiently.
Collaboration Interface:
A chat-like interface fosters real-time collaboration between shippers and vendors, enabling discussions on calculations, additional details, or supporting documents.
Benefits to Clients
Improved Accuracy: Automates invoice generation to minimize errors and ensure compliance with rate agreements.
Enhanced Transparency: Unified workflows and visibility eliminate ambiguity in settlements.
Faster Resolutions: Dedicated tools for dispute resolution speed up issue closure.
Stronger Partnerships: Collaborative tools promote trust and efficiency in vendor-shipper relationships.
Stay ahead with our enhanced settlement flow, ensuring seamless financial operations and vendor satisfaction.