CloudMoyo Rail Contract Management (CRCM) is a Microsoft Azure-based, SaaS platform that empowers modern freight and passenger railroads to digitally transform their contractual relationships with customers, partners, suppliers, labor unions, and regulatory bodies. Powered by Icertis and enhanced by CloudMoyo proprietary apps tailor-made for railroads, CRCM allows railroads to simplify processes, accelerate commerce, mitigate risk, improve compliance, and exercise complete control over contract operations, maximizing ROI with faster time to value.

Challenges of paper-based contract management that CRCM solves for:

Unstructured storage and difficulties in retrieving thousands of paper-based contracts generated over 100+ years of freight railroad operations
Ever-changing regulations from regulatory bodies, rendering existing contracts non-compliant
Difficulties in tracking expiries, warranties, and payment schedules for thousands of contracts
Manual, error-prone processes in identifying and meeting large amounts of complex contractual obligations, resulting in disputes and loss of goodwill
Contractual agreements with multiple labor unions have non-uniform clauses creating complications in payroll, duty assignments, and claims procedures.
Equipment sourcing and maintenance, land leases, and construction involves numerous entities and thousands of contracts which are difficult to manage
Compliance measurement and risk identification due to data and process silos

Some of the benefits of CRCM that our rail customers enjoy:

Accelerate commerce

Accelerate quote-to-cash
Faster interline settlements
Faster shipment velocity and order fulfilment

Protect against risk

Comply with labor laws and other prevalent regulators
Adherence to Railway Accounting Rules
Protection from price surges and revenue leakage

Optimize your business

Rapid contract authoring and execution, enhanced enforcements.
Advanced rail decision analytics for business intelligence
Contract negotiations (real estate, equipment, services, and customer orders)

Visit rail.cloudmoyo.com/contracts or contact us at marketing@cloudmoyo.com to learn more about CRCM, talk to our experts, or to schedule a demo!

CloudMoyo Rail Contract Management (CRCM)

Autor: CloudMoyo Inc