|
|
|
 |
Transportation & logistics companies operating within a global and disparate network of carriers, partners, and customers understand the importance of coordination and planning. In order to meet customer demands, providers must manage a sweeping assortment of complex requirements and service levels, all within a multi-lingual and multi-currency context. Related administration is transaction heavy and subject to numerous international and regulatory requirements.
OPI’s Transportation & Logistics focused offerings have been developed to address these challenges. By outsourcing such functions as accounts receivable management, invoice processing, and contract administration, companies benefit from streamlined transaction processing, improved contract compliance, and enhanced relations with partners and customers. Not only can OPI’s solutions impact the efficiency of these back-office functions, but OPI Analytics services can also be leveraged to provide greater insight and transparency into such key business aspects as performance levels, service exception levels, and profitability.
Outsourcing also offers companies a scaleable platform that can quickly ramp up or down in terms of scope and volume in order to flex with the business cycles. Additionally, the business model easily accommodates growth into new geographies and supports multi-lingual business processes.
In addition to the full suite of finance & accounting and analytics services, some of OPI’s Transportation & Logistics focused solutions include:
- Accounts Receivables (AR) Management - freight bill creation, tracking, ageing, collections - improves timely revenue recognition, manages cash flow, and rightsizes reserves.
- Accounts Payable (AP) - carrier freight invoice processing, payment, scanning, workflow, EDI, matching, reconciliation - optimizes invoice processing, validation, and cash management.
- Contract Administration - freight payment pre- and post- audits including reconciliation with billing rates in contracts, adjustments for services levels, discounts, price-related errors - allows for superior compliance with contract / agreement service levels and pricing.
- Data Management - bill of lading (BOL) data management, export / import manifests management - provides efficient data management for reconciling manifests and other required documentation.
- Tax - import / export, tariffs, VAT - results in efficient preparation and management of international tax requirements.
- Analytics - freight / cargo tracking, carrier performance analytics, routes, timetables, spend by carrier reports, freight billing exception rates, profitability analysis, and so on - provides timely access to knowledge and data for planning, performance reporting, and more informed strategic decision-making.
| |
|
|
|
|
