Revenue Recognition is captured through the accrual accounting concept. eFreight Suite enables Freight Forwarders with:
- Auto-triggers based on events, such ETA & ETD, to track and raise invoices on time.
- Rates shared with the customer are auto captured while generating job and these rates are also captured as provisional rates.
- Reduced Quote to Invoice Error: The ERP assures that invoices are raised based on the quotes shared with the customer.
These processes ensures that invoices are accurate and raised promptly and makes revenue recognition faster.