Interline Settlement System

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What is Interline Settlement System?

CloudMoyo’s 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 & 997) & 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 & 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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