Meet Contoso Railroad.
With more than 45% of Contoso's business coming from interline shipments, the railroad confronted the reality that its legacy, outdated settlement system was dragging out the settlement cycle through inaccessibility of interline revenue data, poor data management, a lack of concurrence workflows, and limited visibility into disputes with various partners.
Contoso is embarking on a new stage in their digitalization journey with CloudMoyo Interline Settlement System (ISS). CloudMoyo ISS is built on the Azure cloud, and is offering the accounting and finance teams at Contoso with extensive configuration options, smart workflows, threshold configurations for automated concurrences, exhaustive search functionalities, access to settlement-related data, and role-based dashboards for compliance reporting and revenue assessments.
Here's a glimpse at some of the business benefits of CloudMoyo ISS:
- Reduced settlement cycle time
- Enhanced compliance
- Increased concurrence rates
- Reduced working capital
- Accelerated cash flows
Watch this short, 2-minute video to get the full story!
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