TECSYS Inc., the supply chain management software company, has launched TECYYS’ Billing Management System (BMS) – an agile and dynamic monetising and billing management system.
The system empowers third-party logistics providers to create and bill 100% of services to their clients, eliminating lost business and billing opportunities due to lack of backup documentation during clients’ auditing process.
“Monetisation and billing of services is crucial to driving revenue growth and profitability for 3PLs of all sizes,” stated John Reichert, Sr. Director, Supply Chain Execution Solutions at TECSYS.
“For too many 3PLs, emails, post-it notes, and other forms of unstructured documentation hold essential information for monetising and invoicing of services. In addition, the launch of new business initiatives, rapid addition of customers, creative and innovative pricing and billing models can all be enabled by the latest in TECSYS’ BMS, which makes it possible, for the first time in the industry, for 3PLs to truly bill 100% of services rendered,” Reichert enthused.
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