AXS-One, a global provider of e-business solutions, has signed a contract with the Truckline division of BAI SA, a market leading freight ferry company west of Dover in the UK, to install an Internet-based invoicing statement using AXSPoint Travel technology.
This will automate the whole process of Truckline issuing some 2 000 invoices monthly and resolving queries with its 1 000 freight customers.
At a time when the transport sector as a whole is facing difficult trading conditions and pressure on the bottom line, Truckline is leading the freight industry by installing the AXSPoint Travel solution for invoice delivery. The AXSPoint Travel solution is easy to install and integrate into Truckline`s existing IT infrastructure, with no impact on the original back office software.
"The benefits of an Internet-based invoicing system are clear," commented Jon Clarke, Truckline`s UK freight director. "The costs associated with issuing paper invoices are eliminated and the whole process of printing, collating, posting and reconciliation is totally streamlined. We are greatly improving our communication with customers as well as enhancing administration. Within two months the solution will be made available to our total European customer base and therefore with such a rapid turn around, we expect to see a return on our investment in AXSPoint Travel within a year," continued Clarke.
"Our customers were keen to change to an electronic solution and we have responded quickly. As a result, over 75% of freight business will immediately embrace the new system, with the remainder following and coming online progressively.`` added Clarke.
"The Truckline contract illustrates the ease with which AXSPoint Travel technology can be employed quickly and cost-effectively, without impacting existing IT environment and operational application software," remarked Mark Donkersley, AXS-One`s UK managing director. "Our technology effectively `bolts onto` legacy systems and solves a very specific business problem. It also gives Truckline the opportunity to take advantage of the benefits offered by the Internet; in this instance, low cost and fast interaction with customers."
With freight, unlike passenger crossings where reservations are made months in advance, bookings are traditionally made much closer to the intended day of travel and invoiced per transaction. With changes to the travel itinerary occurring at any point from booking to the actual return travel dates, utilising a system of electronic dispatch will reduce potential queries. The AXSPoint Travel solution will enable changes to be made instantly and painlessly, reducing Truckline`s risk of financial exposure, as well as improving accuracy and accelerating the revenue collection process.
"Having seen the success of AXSPoint Travel over the past year within the passenger division of Brittany Ferries, this project has my wholehearted support. I have no doubt that it will be instrumental in maintaining our competitive advantage, and securing Truckline`s position as the logical choice of the professional International Transporter," concluded Clarke.
AXSPoint Solutions are available now. For further information, please contact Jacqui Copplestone, Marketing Manager on tel (011) 802-4998, fax (011) 802-5161, e-mail jcopplestone@axsone.com
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AXS-One (AMEX: AXO) is a provider of e-business financial solutions for global 2000 companies, professional service organisations (PSOs) and financial managers. AXS-One, formerly Computron Software, Inc, has implemented high-volume, scalable and secure business solutions for hundreds of customers across the globe.
AXS-One has over 300 employees in offices worldwide, including Asia, Australia, Canada, UK, US and SA. AXS-One was founded in 1978, and is based in Rutherford, New Jersey. For further information on AXS-One, visit the AXS-One Web site at http://www.axs-one.com/.
"Access Tomorrow today", AXS-One, AXSPoint, e-Cellerator, Tivity are trademarks, and TransAXS is a registered trademark, of AXS-One Inc in the US. All other company and product names are trademarks or registered trademarks of their respective companies.
This press release contains forward-looking statements. Such statements are only predictions and actual events or results may differ materially. All forward-looking statements involve risks and uncertainties, including, without limitation, the risks detailed in the company`s documents and reports filed from time to time with the Securities and Exchange Commission.
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