Manage Your Finances and Measure Costs
Automate your back office, billing, settlements, and collections.
Get an integral accounting package designed for trucking.
McLeod Software has a completely integrated general ledger, accounts receivable, and accounts payable financial system built into the LoadMaster system. This accounting system captures all your transactions in the general ledger with drill down capabilities back to the source transaction. The system goes beyond the standard accounting and financial reports to create customized views of the balance sheet, income, and cash flow statements.
Once we started using Logix Solutions Accounts Payable, we stopped losing invoices.Elaine Maund, Boyd Bros. Transportation Request Case Study
Capture, store, and retrieve documents, everything you need to get paid faster.
McLeod’s DocumentPower is a complete freight document management system fully integrated to our LoadMaster system. We make it simple to take a piece of paper and turn it into an electronic image that anyone can find and reference. We provide image capture, storage, and business process automation specifically designed for the trucking industry.
Before using Billing & Settlements it took us 7–10 days on average to get a bill out the door. Now the bills are going out instantly. We’ve cut five or six days out of our DSO, simply because we’ve been able to bill on delivery date.Mark Reed, ReedTMS Logistics Request Case Study
Get that document in the hands of those who need it!
Turning a piece of paper into an electronic image and making that image available to those people and the processes who need it, can speed up every step in your billing and settlement cycle. DocumentPower provides a broad spectrum of freight document image capture options to begin the process:
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- Scan stations set up inside an office or a terminal can handle high volume as well as on demand scanning of paperwork.
- McLeod’s Mobile Applications give your drivers and staff access to capture and index documents directly from their mobile devices.
- Email to Imaging and Print to Imaging capture incoming emailed documents and store them in a single, centralized repository.
- 3rd Party Integration direct interface to receive other outside sources or applications images directly into DocumentPower.
- Scan stations set up inside an office or a terminal can handle high volume as well as on demand scanning of paperwork.
Autogenerate your customer’s invoices to accommodate their rules.
Many of your customers today require one or more documents before they will pay an invoice, such as signed delivery receipt. McLeod’s Rendition Billing will monitor and match documents as they arrive in the system to automatically prepare and send correct and complete invoices, accurately billing customers based on their requirements.
Before we started using this tool, it took us an average of 6 days from delivery to billing. Since then, we’ve cut it to an average of 3.5 to 4.5 days. As a result, our average DSO has gone from 35 days to 31 days.Erica Moore, Doug Andrus Distributing Request Case Study
Systematically manage overdue invoices.
Our Automated Collections automatically contacts customers to prompt them for payment of any past due invoices. The system will send outstanding payment summaries and details of the original invoices and supporting documents via email and request a reason for the delinquency.
Good information translates to smarter action.
LoadMaster helps you understand everything in context by combining operating and financial data together in one platform. Then our IQ Business Intelligence tools give you the powerful analysis platform to understand it all.
We originally projected that we would gain a return on our investment in 18-24 months, but it came in less than 12 months.Mark Reed, ReedTMS Logistics Request Case Study