Logistics Cost Management
Invoices don’t write themselves – especially not in the world of global trade and logistics, where it is common to have a wide range of customer-specific price agreements. This makes a strong argument for organization and automation here. Logistics Cost Management supports the complete settlement process, from price and cost calculation to invoicing and the allocation of costs to both internal and external customers.
To calculate settlements, you need price agreements and data on the services you provided. Logistics Cost Management from AEB offers an interface for importing this data automatically. The software uses the stored data to generate the settlements, then forwards the perfectly formatted data to the financial accounting system. You have the option to fully automate the process, but it is also possible to include manual approvals at defined points. Logistics Cost Management also lets you print and issue invoices directly, of course.
Pricing in the service sector depends not only on market conditions but also on the primary cost drivers. This explains why price agreements between service providers and customers are often individualized and highly complex. Service providers also rely on completely distinct price models for their various service portfolios. This means that bookkeeping often exchanges complicated spreadsheets with the cost centers as they settle accounts. Logistics Cost Management saves you from all of that, making it possible to model virtually any price scales, rules, and surcharges you want. The result is market-driven pricing that fits the services rendered, whether you’re billing transports, storage services, value-added logistics services, or customs clearance.
Logistics Cost Management can also calculate value-added tax if necessary. This can be individually configured, so you can assign the correct VAT rates to each country, service, and recipient. You can even specify different VAT types, which helps ensure accurate booking in financial accounting systems such as SAP®.
The data in Logistics Cost Management also provides the perfect basis for further analyses – an overview of revenue per service, for example. Or for a specific customer or time period. Logistics Cost Management’s business intelligence component makes it a snap to generate exactly the report you need.
To get the biggest bang for your buck in automation, it’s best to link Logistics Cost Management with your operational systems – TMS, WMS, etc. A standard web service interface makes it possible.
Want to connect Logistics Cost Management to your current ERP system? Also not a problem: State-of-the-art APIs make it easy to integrate seamlessly into your IT environment.
AEB Product Expert for Logistics Cost Management
"The quality of your billing should match that of your services. Logistics Cost Management from AEB provides the ideal conditions to make this happen."