Accounting software for logistics company

Ripples-FMS Freight accounting software for logistics company module helps streamline the financial aspects, efficiently handle multi-currency accounting practices. Key business insights from reports, including customer outstanding, cost center analysis, department wise profitability to help reduce expenses, balance sheet, and pending payments. To assist logistics companies tide over the current business situation. Logistics, freight forwarding software that has a complete financial accounting module..

Logistics freight accounting software

Accurate accounting of revenue and expenses
Track pending dues and inbound payments from suppliers
Alerts on payment default after the credit period
Monitoring of user-generated payment/receipt vouchers
Complete control of cash management
Trip based accounts management
Track driver expense usage and initiate settlement
Take financial decisions based on cash flows & balances

Easily manage your finances

Challenges faced in logistics freight accounting

Managing financial accounting aspects of any freight management logistics company is a complex process, especially for those having multiple branches across countries in Tanzania, Malawi, Zimbabwe, Mozambique, etc. Here there is a high chance of manual errors creeping in while entering the freight invoice details. The income and expenses should be tallied automatically on a button click and there should be a provision to capture the complete order-related expenses without any errors.

So it is to be understood that firms cannot be using MS Excel or similar spreadsheets on a long-term basis to manage the same and expect productivity improvements. Implementing efficient logistics accounting software is vital for logistics and transport companies wanting to stay competitive when the fleet & utilization are low. We have successfully deployed logistics accounting software for large and small logistics companies in Africa region.

Freight accounting software features

Cash Transfers & Voucher Entry
Branch wise cash & bank accounts management
Account wise revenue & expense tracking
Easy Multi-Currency Switch
API integrations with third-party applications
Trial Balance & Balance Sheet
Profit & Loss statement
Ledger wise and Cash Book Reports
Payment/Receipt approval systems
Trip Payment Status

Ripples-FMS logistics freight accounting software

Ripples-FMS features a full-fledged financial accounting software module that can give you full picture of the financial health of your freight forwarding, logistics business. A browser based multi-currency and multi-branch system that includes all major financial accounting functions including job costing, general ledger, operational costs, due payments, and many more. Branches across the Africa region can be monitored, managed, and controlled easily with timely reporting.

A good logistics accounting software would be highly flexible and should align with operational & process changes. Proper approval systems and master configurations like tariffs will ensure there are no headaches due to the data entry mistakes from the employees. Drop-in a mail to know more about our logistics accounting software. So, why wait… Contact us now!!!!

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