As the Rule 11 accounting regulation works to create efficiencies within interline shipment invoicing, Raven Logistics and Cloud Logistics by E2open take the compliance and resourcing process a few steps further through a recently launched Rule 11 compliance solution that can be integrated within the Cloud Logistics TMS.
The rail management solution is a partner-effort between Raven Logistics and is available through Cloud Logistics by E2open TMS. This solutions offers the shippers and rail carriers increased visibility, ultimately streamlining processes and minimizing wasted efforts and risks for mistakes – all while maximizing employee time.
“Cloud Logistics’ customers were looking for an efficient process around railroad Rule 11 compliance, and turned to us to incorporate this function into our TMS,” said Mark Nix, senior vice president of transportation and founder of Cloud Logistics by E2open. “We quickly identified Raven Logistics, with its exclusive solution designed to create efficiency and compliance around Rule 11, as an ideal partner.”
By further eliminating the risk for duplicate efforts and mismanagement on the administrative side, companies are enabled to redirect attention to other areas within operations without admin-level distractions. An article highlighted in the original announcement reiterates the importance of maximizing workflows through the utilization of market software solutions.
“Our customers need to be able to focus on the task at hand, not get bogged down with details of worrying about compliance. Our new relationship with Raven Logistics frees our customers up to focus on meeting business objectives and generating revenue,” said Mr. Nix.