What is Revenue Management System?
CloudMoyo’s Rail Revenue Management System (RMS) helps railroads to comprehensively manage revenue recognition and financial reconciliation, including the tracking of daily forecast, actual realization, automation of revenue waybill creation, and pricing and rating. RMS interfaces with external partners. (like Railinc) and other systems for retrieval of master data, A/R invoicing, and financial reporting.
REVENUE MANAGEMENT SYSTEM FEATURES
Manage dynamic needs with a robust pricing repository with price change management
Access current and historical data at will comprising pricing information grouped by business units, industry, type of commodities, miles, lease, services, haulage, and trackage
Configure price quote
Generate a custom quote with a web-based tool using price repository and other parameters
Automate rating with information from waybill, pricing, and currency exchange
Revenue waybill management
Maintain revenue waybill information for line haul, extra services, and accessorial services.
Automate revenue recognition processes like pricing, rating, invoices, receipts, receivables, and payables
Automate rating with info from waybill, pricing, and currency exchange and other business systems
Take your next step towards streamlined accounting
"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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