Technical and commercial costs are often managed in different systems, but with the new integration between S5’s Simply5 platform and SERTICA, these costs can all be covered in one system. The integration covers all aspects of the financial process including funding, coding of invoices, archiving of line-item invoice images, accruals and reconciliations.
Centralising procurement in one system provides shipping companies with total transparency of agency costs and delivery. All invoices are automatically entered in SERTICA Invoice Management, while unnecessary fees can be avoided with S5 in charge of the financial hubbing.
Jason Berman, chief commercial officer at S5 Agency World said: “Digital approval flows with tolerance limits automates the entire process and shipping companies avoid repetitive approvals. With this new integration, shipping companies can truly benefit from a single system access point, which makes it easy to get a financial overview of shipping operations.”