Paid first. Checked later.
Every order leaves a trail of carrier invoices, cash on delivery and credits in your back office. We run the finance work around your delivery and fulfilment every month, and you see what each order leaves in your bank.
Where one order's money goes
A sample order through your back office: billed, delivered, invoiced by carriers and 3PLs, collected and paid in. Every figure is a sample. Yours come from your own files.
- What you billed for the order1.450
- Carrier and 3PL charges0.960
- Overcharges nobody checked0.090
- Cash on delivery still held by carriers0.150
- Refunds and credits not claimed0.080
- Late customer payment0.100
- What reaches your bank0.070
Four numbers, one each
Each stop the money makes has one number that tells you how it is doing. A sample owner, read the way we read you.
Sample
- Close
Days to close the month
YOU 19PAR 6
You learn what delivery cost you weeks after the month ended. By then the invoices are paid and the choices are made.
- Invoice
Carrier invoices checked against the contract
YOU 12%PAR 100%
You pay on arrival and check later, if at all. Every unchecked charge is money you hand over without a reason.
- Cash
Days from delivery to cash
YOU 41PAR 21
You pay your carriers this month and your customers pay you next quarter. Your cash carries their business.
- COD
Cash on delivery money matched
YOU 64%PAR 98%
Carriers hold what they collect for you until they send a statement. Until you match it, you cannot say what is yours.
You will know these
- You pay carrier invoices on arrival and check them later, if at all.
- You close the month and the delivery cost still moves for weeks.
- Cash on delivery sits with carriers until one sends you a statement.
- You hear what logistics cost you only after the quarter has closed.
Four moves on one order's money
We check every invoice before you pay
Each carrier and 3PL charge goes against your contract. What does not match is listed in dinars and raised with the provider.
We match cash on delivery to the carrier
Every collection is matched to its order and its carrier statement. You see what is held, by which carrier and for how long.
We claim the refunds and credits you are owed
Credits and refunds go back to the provider with their value beside them. A log shows what was claimed beside what came back.
We run your close every month
We accrue delivered work before the invoice arrives. You read what one order cost you, by brand, zone and provider, on a set day.
On your desk
- A close calendar fitted to your month, with an owner and a date for each step.
- Each carrier and 3PL invoice checked against your contract, with every dispute and its value.
- Cash on delivery matched to your carriers, order by order.
- Delivered work accrued before the invoice reaches you.
- What one order cost you, by brand, zone and provider, every month.
What owners ask us
- What do I send you?
- Your last three months of carrier and 3PL invoices, your contracts and your bank statements. We tell you which charges we check first.
- How is this different from cash on delivery reconciliation alone?
- Cash on delivery is one stream of your cash. This covers the whole cycle around an order: invoices, credits, cash on delivery and your close. See cash on delivery reconciliation for that one stream.
- Where is my cash stuck between delivery and my bank?
- It waits in carrier statements, in your customers' payment terms and in credits nobody claimed. Our logistics cash conversion tool gives you a first read.
- What do I see each month?
- One page. It shows what each order cost you, what your carriers hold, what is in dispute and what you are owed.
We keep one set of numbers
Our founder brought more than 20 companies across several countries onto one set of numbers. We bring your carriers, your brands and your bank onto one set of numbers every month, so you read what delivery cost you the day the month closes.
Related
- COD reconciliationEvery cash-on-delivery order matched to its money, and what your carriers still hold.
- Managed Operations & TransformationWe run commercial and operating functions for you and lead the change, answerable to you.
- Logistics cash conversionThe cash conversion cycle in days, the working capital it ties up and the cash growth would need.
Bring last month. Leave with a score.
Sit down with Qasim Abbas. One table, your numbers, and a clear read on where you stand against par.