Billing Management (BMS)

Activity-based costing and billing for increased profitability

Logistics service providers, whether 3PLs or in-house providers, need to accurately track billable services and costs. You need a billing management system (BMS) to capture client activities and costs at multiple levels and across multiple costing models. Softeon BMS is a powerful billing engine and activity-based costing solution that supports complex billing rules, rate structures and cost elements of logistics services.

Softeon BMS captures cost information for the end-to-end flow of logistics activities across inbound transportation, receiving, distribution, warehousing and outbound transportation. With a data feed from your WMS, manufacturing system or other systems, Softeon BMS enables activity-based costing with granular detail. The solution extends across the logistics function for improved cost and revenue analysis, lowered administrative costs and improved profitability when allowable revenues are captured under contract terms. Key capabilities include:

• Configurable rules-based rate engine with billing rates based on preferences and in fixed or range values with minimum value
• Flexible, client-specific invoice templates and multi-level invoicing to bill by customer, division or project
• User-definable audit control with integrated event and alert notification
• Flexible definition of interface with other enterprise or supply chain systems, including real-time interface with accounting

 

Softeon Freight Audit & Payment

Softeon Freight Audit & Payment (FAP) system is a solution that can reduce total freight spend and/or eliminate the need for expensive third-party freight audit firms.

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Easy integration by way of Softeon technology

Softeon’s web-based architecture allows the swift deployment of BMS as a stand-alone solution ready for integration with your existing WMS, ERP or other enterprise systems. Softeon offers BMS pre-integrated with Softeon WMS for the enterprise.

Discover the Softeon Advantage with BMS for improved profitability.

Read More:

• Warehouse Management Systems
• Yard Management for Supply Chains
• Transportation Management Software
• Assembly and Kitting Solutions