Contoso Rail uncovers the value of accelerated settlement cycles

Here is its story…

CloudMoyo Interline Settlement System (ISS)

Railroads are on the lookout for ways to increase cash flow to drive operational efficiencies. At the end of the day, you want to increase order-to-cash, lower the number of disputes, and mitigate delays in payments. One way to do so is in the area of interline settlements, critical revenue-related agreements between two partner carriers.

Contoso Railroad was one such railroad. More than 45% of Contoso’s business comes through interline shipments, yet the finance team struggled to get pricing information and revenue waybills associated with each interline shipment. Errors crept in due to manual work, while drawn-out disputes were left unaddressed and the settlement cycle was delayed.

The good news is, this didn’t have to be the status quo for Contoso. And it doesn’t have to be for you. Watch the video to find out how CloudMoyo ISS helped this railroad address their challenges head-on with automatic concurrences, defined error codes, the configuration of claim types, and worklist prioritization and assignments—in addition to the business system integration with SAP, legacy applications, Railinc CISS, and more.

With visibility into interline revenue-related data through analytics dashboards, CloudMoyo ISS is now empowering Contoso to:

  • Resolve disputes effectively
  • Access price information and partnership agreements
  • Reduce the settlement cycle time
  • Reduce working capital with accelerated cash flow

Check out Contoso’s story!

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What are other railroads saying about CloudMoyo’s rail transportation solutions? 

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

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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