Interline Settlement System
Learn moreWhat is CloudMoyo Interline Settlement System?
The CloudMoyo Interline Settlement System (ISS) automates revenue settlement processing and dispute resolution involved in an interline rail freight shipment. ISS interfaces with Railinc CISS, and railroad partners (by handling EDI 426, 864 and 997) and acts as a single source of truth for all data related to the interline shipment. This enables certified ISS participation. ISS improves the efficiency, timing, and overall quality of interline settlements.
Complete automation of the interline settlement processes
Compliance with Association of American Railroads (AAR) accounting rules and Rate EDI Network (REN)
Better risk management through sound dispute management process
Shorter revenue lifecycle, reduced disputes, and improved throughput
Comparison of revenue waybill versions between route participants
Improved operating efficiency with 97% concurrence in the first settlement
INTERLINE SETTLEMENT SYSTEM FEATURES
Smooth and secure EDI message handling
Exchange EDI messages automatically with Railinc via a REN-compliant secure environment
Industry reference database validation
Minimize application errors and ensure industry data integrity
Automated EDI correction mechanism
Handle rejections received from partner carriers
Data exchange
Import waybills, and construct and transmit EDI messages (426, 864, 997) from creation to closure
EDI validation
Verify and transmit EDI messages with concurrence or rejections through CISS
ISS worklist generation
Reject erroneous waybills and take corrective actions
Business system connectors
Seamlessly interface with legacy revenue management systems, ERP, and other enterprise applications
Configurable business rules
Effectively configure internal workflows on top of standard ISS business rules
Reporting and analytics
Deep dive into settlements with role-based access to predefined dashboards
Ready to publish, manage, and exchange interline data securely?
"We are thrilled to partner with CloudMoyo as we work towards a corporate vision of consistently being the fastest-growing, best-performing, most customer-focused transportation provider in North America."
Mike Naatz, SVP & Chief Information Officer at Kansas City Southern Railway
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CloudMoyo empowers rail and transportation companies to gain greater insights, unlock efficiencies, and improve agility in operations, revenue and asset management as well as critical areas of safety, crew scheduling and maintenance. Combined with deep rail industry expertise, our cloud-based, AI-driven solutions leverage cutting edge technology to reimagine railroad digitization.
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