Billing and Payment Optimization
Today’s business environment requires financial teams to meet fiduciary obligations while delivering financial insights. In container terminal operations, peaks caused by larger ships not only put more pressure on operations but also on finance teams to handle many more events and transactions in a timely manner. As a result, there are increased risks for errors on invoices, missed billable events with more manual processes to correct the mistakes. All have a negative effect on cash flow. In addition, financial insights on historical operational details can help the financial department with contract renewals.
Navis Professional Services Billing and Payment Optimization Services helps terminal operators to:
- Develop commercial insights for contract negotiations
- Optimize business processes
- Validate billing rules and ensure invoice accuracy