Cost and Vendor Payment
Cost and vendor payment management in the container industry remains a key business challenge. In this economic climate, shipping lines have to remain competitive forcing their focus to further optimization and even more efficient cost management.
SVM CVP (Cost and vendor payment) is a solution for activity-based costing and managing contracts, so that, one can automate, regulate and processes vendor payments accurately and efficiently. The Integrated system enables verification and optimization of vendor costs whilst minimizing the time required to carry out effective cost management.
Pre Billing – Know your cost before the vendor invoice is raised
Tracking – Track container activities globally with user definable statuses
Data Exchange – High-performance integration engine to exchange data
Reduce Manual Task – Efficient digitalized process helps to reduce manual work
Cost Control – Analyze average cost per container whether the cost is climbing or reducing
Rebate Management –Manage rebates and inter-shipping company cost recovery
Disbursement –Seamlessly manage disbursements in multi-currencies
Accurate and timely invoices
Accurate Financial information