Shipment Clearing Payment Tracker

Description

Know your shipment details and their payments

Industry

Oil and Gas

What you will learn

How the solution works and how it will impact your performance in the Finance/Accounts department

Objectives

Have a complete track and full payment details of all shipments

i. Ensure consistency in the charges by clearing agents on similar shipped items; ii. Basis for comparison among different clearing agents; iii. Ensure savings in clearing cost by selecting agent with reasonable charges; iv. Have a complete track and full payment details of all shipments

Benefits

i. Basis for reconciling the clearing agents' ledger; ii. Identify where charges by agents are not consistent (thereby being able to demand explanation from the agent for the new charges or request for a revised invoice); iii. Easily identify shipments that have been delivered and those that needs follow up (with agent)