Payment and Deduction Reconciliation Framework

Accurate Posting of Payments and Deductions

This solution automates the process of reconciling payments and deductions for high-volume transactions. By integrating with platforms such as Amazon and Walmart, it ensures accurate posting of payments and associated deductions.

The framework reduces manual effort, minimizes errors, and provides real-time visibility into financial data, enabling businesses to maintain accurate records and improve operational efficiency in their reconciliation processes.

Landed Cost Allocation & Posting Automation

Enhancing Financial Accuracy in Inventory Cost Allocation

Optimized for real-time visibility, this automated system calculates and posts landed costs, ensuring accurate allocation of financial data, including tariffs, duties, and freight fees. It addresses containerized shipments by distributing costs based on contents and weight, delivering precise tracking across all supply chain stages. Enhanced valuation accuracy and cost-of-goods-sold (COGS) calculations empower businesses with actionable insights for strategic financial decisions and pricing strategies.

In Transit Inventory Sync

Optimizing Inbound Shipments and Inventory Validation

This solution streamlines the management of inbound shipments by automating the creation of journal entries to validate inventory ownership when containers are shipped. As shipments transit, the system generates journal entries that accurately reflect the movement and ownership of inventory, ensuring financial records are up-to-date and reliable.

Upon receipt of the inbound shipment, the system automatically reverses the previously created journal entries, finalizing the inventory ownership transfer. This bidirectional synchronization eliminates manual data entry, reduces errors, and provides real-time visibility into inventory status, enhancing overall operational efficiency and financial accuracy.

Invoice Validation

Ensuring Accuracy and Compliance in Invoicing

The Invoice Validation solution automates the verification of invoices to ensure they meet company policies and regulatory standards. This system validates key invoice elements such as pricing, quantities, and supplier terms, automatically flagging any discrepancies or inconsistencies for review.

Key Features:

• Processes Allowances: Automatically calculates and applies allowances based on predefined criteria, ensuring accurate adjustments to invoices.
• Processes Freight: Validates and records freight charges, ensuring they align with negotiated rates and shipment details.
• Populates Required Fields for 810 Transmission: Ensures all necessary fields are accurately filled for seamless 810 EDI transmissions, enhancing the efficiency of invoice processing.

By automating invoice validation, businesses reduce manual oversight, enhance invoice accuracy, and ensure compliance with financial policies. This leads to streamlined accounts payable processes, faster invoice processing times, and improved financial integrity.

Warehouse and Transportation Integration Framework

Streamlining Logistics with Multi-Platform Connectivity

Designed to unify logistics systems, this framework integrates multiple Warehouse Management Systems, such as RF Smart and High Jump, with Transportation Management Systems like Pacejet. By standardizing data exchange protocols and automating updates, it provides seamless communication across platforms, enabling real-time visibility into inventory, shipment status, and order tracking. Businesses benefit from reduced manual errors, improved order fulfillment accuracy, and streamlined supply chain operations.

Inventory Management Optimization

Optimizing Inventory for Demand-Driven Fulfillment

Focused on aligning inventory levels with demand, this solution provides real-time tracking, automated reorder points, and predictive demand forecasting. Inventory adjusts dynamically to sales trends and stock levels, minimizing stockouts and overstock situations. Businesses achieve cost savings, improved inventory turnover, and a more efficient supply chain that meets customer demands seamlessly.

Multi-Platform E-Commerce Integration

Unifying Sales Channels for Streamlined Order Management

Designed to unify sales channels, this integration links platforms such as Adobe Commerce and Shopify, enabling automated synchronization of products, orders, and inventory. Real-time updates across all systems support centralized order management, precise financial reporting, and accurate stock levels. Businesses experience enhanced efficiency, reduced operational errors, and improved order accuracy.

Purchase Order Acknowledgement Automation

Automating Purchase Order Confirmations

Automates the confirmation of purchase orders by generating and sending acknowledgements automatically. Utilizes the 855 EDI standard to ensure timely and accurate responses to incoming purchase orders, replacing the previous manual process.

Benefits include reduced risk of human error, accelerated order processing times, and enhanced communication with suppliers, leading to improved supplier relationships and increased order accuracy.

Enhances Purchase Order Validation: Our solution supports various purchase order routings, including drop ship Purchase Orders, stock Purchase Orders, and more. This flexibility ensures that different types of orders are handled efficiently and accurately, meeting the unique requirements of each transaction type.

ASN Automation

Automating Advance Shipment Notices

Automates the generation and transmission of Advance Shipment Notices using the 856 EDI standard. This replaces the previous manual process, ensuring that detailed shipment information is promptly communicated to recipients when shipments are dispatched.

Enhances inventory planning, reduces receiving errors, and improves supply chain visibility by providing timely and accurate shipment notifications, leading to better coordination between suppliers and recipients and streamlined receiving processes.

Invoice Processing Automation

Automating Invoice Generation and Transmission

Streamlines invoice processing by automatically generating and transmitting invoices using the 810 EDI standard. Transforms the previously manual process, ensuring invoices are created accurately and sent promptly to relevant stakeholders.

Benefits include reduced manual data entry errors, accelerated payment cycles, and improved financial accuracy, leading to better cash flow management and stronger supplier relationships.

Payment and Deduction Posting Automation

Automating Payment and Deduction Postings

Transforms the manual process of posting payments and deductions by automating the generation and transmission of payments using the 820 EDI standard. Ensures accurate and timely financial transactions, replacing the previous manual workflows.

Enhances financial accuracy, reduces processing times, and minimizes the risk of errors, leading to improved financial reconciliation, better cash flow management, and strengthened supplier and partner relationships.