CloudMoyo Interline Settlement System (ISS)

The CloudMoyo Interline Settlement System (ISS) application addresses the challenges in rail freight interline settlements by automating key processes, pre-empting errors, reconciling all sources, and exchanging relevant data with CISS in an industry-prescribed format. It provides a flexible platform with a intuitive interface capable of providing role-based access to multiple hierarchies and act as a single source of truth that allows you to manage interline freight revenue efficiently and accurately while accelerating revenue recognition. 

Challenges that CloudMoyo ISS solves for: 

• Onboard technical capabilities to participate in a centralized ISS process
• Increase in interline claims and disputes due to manual errors and system lapses in settlement data
• Non-existent mechanism to settle overcharge claims exceeding the CISS-prescribed claims resolution timeline
• Disparate data sources leading to heavy dependence on technical staff, resulting in a higher settlement cycle time
• Poor data validation and error management owing to the lack of a robust EDI messaging capability 

• Complete automation of the interline settlement system
• Shorter revenue lifecycle, reduced disputes, and
• improved throughput
• Compliance to AAR, RAR, and ISS front matter
• Comparison of revenue waybill versions between
• route participants
• Better risk management through sound dispute management process
• Improved operating efficiency with up to 97% concurrence in the first settlement