The CloudMoyo Interline Settlement System (ISS) application addresses the challenges in rail freight interline settlements by automating key processes, pre-empting errors, reconciling all sources, and exchanging relevant data with CISS in an industry-prescribed format. It provides a flexible platform with an intuitive interface capable of providing role-based access to multiple hierarchies and acts as a single source of truth. This allows you to manage interline freight revenue efficiently and accurately, while accelerating revenue recognition.

Challenges Solved with CloudMoyo Interline Settlement System (ISS)

• Onboard technical capabilities to participate in a centralized ISS process.
• Increase in interline claims and disputes due to manual errors and system lapses in settlement data.
• Non-existent mechanism to settle overcharge claims exceeding the CISS-prescribed claims resolution timeline.
• Disparate data sources that lead to heavy dependence on technical staff, resulting in a higher settlement cycle time.
• Poor data validation and error management owing to the lack of a robust EDI messaging capability.

Benefits of CloudMoyo Interline Settlement System (ISS)

• Complete automation of the interline settlement system.
• Shorter revenue lifecycle, reduced disputes, and improved throughput.
• Compliance with AAR, RAR, and ISS front matter.
• Comparison of revenue waybill versions between route participants.
• Better risk management through sound dispute management process.
• Improved operating efficiency with up to 97% concurrence in the first settlement.