HighJump Billing Management gives companies full visibility into actual costs with comparisons to what was invoiced. This replaces the practice of spreading client costs evenly across all accounts, which can result in an oversimplified and incorrect analysis. Client-level costing data enables accurate labour costs, as well as profit and loss analyses and reporting. The solution also supports complex contractual requirements that often exist between an LSP and its clients, including billing based on material handling transactions, storage capacity utilisation, and client-specific billing requirements.
HighJump Billing Management creates a single billing platform for all systems. This is possible by accepting data imports from other applications, such as those for transportation management, time and attendance and parcel manifesting. HighJump Billing Management also integrates with HighJump Warehouse Advantage and many other warehouse management systems (WMS), and can automatically generate the appropriate charges based on warehouse activity. This helps eliminate the need for manual entry of charges.
“Logistics service providers seeking opportunities to grow their operations and become more attractive to current and potential clients will benefit from the HighJump Billing Management solution,” said Leo Valentin, General Manager EMEA, 3M Supply Chain Solutions. “The solution enables LSPs to provide clients with better service, more accurate billing, and a larger number of value-added services. In addition, overall revenue opportunity is increased with functionality to expand to a multi-use facility.”