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Accurate Billing & Driver Settlements
Streamline billing and payments with M2X, ensuring accuracy and efficiency across your entire operation.
Finance & Accounts with M2X
M2X’s Finance and Accounts module empowers finance teams, drivers, management, customers and contracted carriers by providing a streamlined system to capture and reconcile accurate data for transport billing and driver settlements.
Minimize manual effort, paperwork, and double entry to boost productivity. Ensure accuracy and agreement on billing details before invoices are generated.
Accurate billing and reporting with best-practice data management and a comprehensive rating engine to support automated workflows with accurate and rich financial data.
Drive data-driven rate negotiations and support better decision-making with access to true cost-to-serve calculations, analysis and other key financial data.
Ensure accuracy and agreement with carriers and subcontractors on billing details before invoices are generated.
Standardize financial workflows, maintain accurate records and establish robust governance across transport rates.
Powerful Tools
Explore some of the powerful finance and accounting features within M2X, built to enhance efficiency, streamline operations, and deliver seamless collaboration across the supply chain.
Rates Engine
Pricing structures are precisely calculated using comprehensive rate cards that consider variables such as volume, distance, weight, and quantity.
Freight Invoicing
Administration is reduced by self-invoicing carriers and subcontractors for freight movements.
Driver Settlements
All required data is easily captured to calculate driver settlement details and integrate directly with payroll systems.
Customer Billing
Revenues are automatically calculated to monitor margins and approve amounts for customer billing.
Cost-to-Serve
M2X's Precision Pricing™ provides true cost-to-serve analysis to support data-driven rate proposals and negotiations.
Automated Rating
Our comprehensive rating engine powers accurate rate calculations to ensure accurate, timely settlements.
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Pre-Invoicing Reconciliation
Billing errors and paperwork are reduced by digitally reconciling with carriers and subcontractors before invoicing.
ERP & Finance Integrations
M2X seamlessly integrates with leading ERP and accounting systems, ensuring the accurate transfer of billing information.
Reduce paperwork and errors
Digitize and automate finance and accounts processes. By streamlining your data entry and billing processes, you can reduce paperwork and errors, ensuring accurate settlements and faster reconciliations.
Comprehensive financial reporting
Gain access to comprehensive financial insights and analytics, enabling informed rate negotiations, tracking performance trends, and making data-driven decisions to optimize profitability and efficiency.
Single source of truth
Maintain accuracy and alignment across all stakeholders with a single source of truth. Real-time updates and a unified view of data ensures everyone can review and confirm billing details before invoices are generated, minimizing discrepancies and preventing disputes.
How it works:
Set up and manage rates
Maintain accurate rating master data with strong governance.
Receive complete and accurate data
Ensure a single source of truth for all financial transactions.
Rate loads automatically
Automate transport cost calculations to reduce manual entry and errors.
Digitally agree payment details between parties
Collaborate with carriers digitally to easily manage billing for all transport activities.
Complete invoicing, billing and payments
Streamline payments for your carriers, subcontractors and drivers, and billing for your customers.
ERP & Accounting System Integration
Easily integrate with your ERP and accounting platforms for a unified financial process.
Report and gain insights
Track important KPIs and financial metrics to support decision-making and rate negotiations.
More Than Just Finance & Accounts
M2X goes beyond basic finance and accounts by offering a fully integrated, end-to-end platform. It's part of the comprehensive M2X ecosystem that connects everyone across the entire supply chain, ensuring everyone has visibility and access to the information they need.
“We’ve really streamlined our freight payment process, which has been huge. Having it all web-based, assessable from anywhere and a more streamlined process for billing and cattle and freight payments.”
“I cannot image digging through the papers again. M2X has provided me the now. It’s been a dream.”
"We’ve got way more accurate in everything from scheduling pickup through to billing, but especially in calculating freight costs for each truckload."
Ready to Transform Your Finance & Accounts Operations?
Designed to empower finance teams, drivers, management, customers and both contracted and subcontracted carriers with a streamlined system to capture and reconcile accurate data.
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M2X blogs deliver interesting news and insightful commentary.
