Australian based logistics software company WiseTech Global has a single ERP solution for freight forwarders called CargoWise One that is aimed for optimizing supply chain operations. Currently, CargoWise is implemented in many countries to handle and simplify crucial transportation activities like customs declaration, storage, forwarding, and carrying. Another major advantage of CargoWise is versatility that enables organizations to integrate reports and invoices depending on the needs and locations of the company.
Elicit Technology has delivered report and invoice solutions to companies in more than 10 Organizations and each organization has different needs. Our objective is to assist in increasing the understandability, compliance, and effectiveness of documentation across the various industries and parts of the world by providing customized documents for each business.
Challenges Faced by Global Companies
For businesses operating in multiple regions, creating accurate, compliant, and customized reports and invoices presents several challenges:
Diverse Regulatory Requirements: Every country and region have its own reporting and invoicing standards. If such solutions are not available, businesses are likely to operate outside of these laws, which may lead to fines and legal complications.
Language and Currency Variations: There is the requirement of accuracy in terms of language and currency when dealing with a global company and the translation of documents is vital to facilitate good communication with the clients, suppliers and other stakeholders.
Operational Complexity: Handling reports and invoices within and across departments, regions and systems, users struggle with data consistency and integrity issues, errors, and repetitive manual work.
Customized Solutions by Elicit Technology
Elicit Technology implemented approaches in and worked for over 10 companies across sectors to develop reports and invoices that would solve the specific issues faced by the business.
Regulatory Compliance
When it came to reports generation and invoicing, we were able to make them specific for each company, depending on the laws of their region. Whether it was for tax laws, financial reporting, or specific formats of invoicing, our solutions were made to completely conform, avoiding any unnecessary mistakes or penalties.
Multilingual and Multicurrency Support
Our team has created the documentation that could be produced in several languages and currencies which was appropriate for the global companies to have the necessary flexibility. Every report and invoice was rearranged in details that are compliant to the local format to make it easy for the clients and other stakeholders to use it.
Operational Streamlining
Our specific reporting and invoicing applications have been interconnected with each company’s systems, thus avoiding the necessity to constantly monitor and adjust for workflow interruptions. It was even time-saving as well as enhancing the quality of data to be entered by minimizing the chances of errors and inconsistency.
Results
Increased Compliance: Individual reports and invoices that can eliminate legal problems and positively influence outcomes of audits in the regions focusing on the compliance with legal requirements.
Enhanced Efficiency: Improved automation and integration with other systems allowed for quicker report production and subsequent invoicing for internal departments.
Improved Customer Satisfaction: Adapting to customer requirements concerning invoices, including preferred language or style, enhanced the organization’s interactions with clients.
Conclusion
Elicit Technology’s custom report and invoice services have helped more than 10 businesses across the globe to improve their productivity and ensure compliance and accuracy as well as present clear, easily understood written documents that reflect their companies’ specific requirements. Considering the features mentioned above, we offer our clients a wide range of services for stress-free documentation management within a given region.
To benefit from CargoWise customization support, please contact Elicit Technology for more information.