What it Is
Since your warehouse is a profit center, you know that using advanced billing capabilities is the best way to track revenue for all services rendered. Automate the costing, billing, and invoicing processes and you stand a much better chance of getting your invoices right and getting them paid.
Infor SCM Third Party Logistics Billing gives you advanced costing, billing and invoicing capabilities so you can:
- Improve the collection processes and, in turn, cash collection.
- Improve overall customer service.
- Quickly align systems to changing business requirements.
- Automate billing processes.
- Improve billing accuracy.
- Reduce cash-to-cash cycle times.
- Gain flexibility in designing custom billing for customers.
When you implement Infor SCM Third Party Logistics Billing, you streamline costing and billing processes. You get:
- Robust rating and costing engine—Assign the rate or cost, compute the charge quantity, apply necessary minimums, calculate markups or discounts, and perform other costing processes.
- Centralized billing and invoicing—Determine the revenue and invoice for all relevant charges for each customer on a consolidated invoice.
- Proactive event management—Schedule costing and billing based on events such as contract renewals, materials handling transactions, and storage capacity utilization.
The result: You get the profits from your warehouse operations that you're due.
