TRANSPORTATION
Transportation Companies select SolArc RightAngleTM for their physical procurement needs, as it provides for a more accurate budgeting and forecasting process, cost tracking and low cost services.
Over the past few years, the transportation industry has been faced with increasing fuel price volatility and tightness in supply. Currently fuel expenses are ranging between 25 and 40 percent and it is surpassing the cost of labor at most of the transportation companies like the airlines.
SolArc RightAngleTM software is being implemented by these companies to capture savings and efficiencies in fuel procurement, price risk hedging and back office accounting. At SolArc, we strive to have a thorough understanding of the transportation business objectives and we offer a proven solution for fuel planning, accounting and risk.
SolArc RightAngle Solutions for the Transportation Industry
- Automated Budget Creation
- Contract Capture, Administration and Pricing including Freight Management
- Automated Invoice Validation
- Risk Management and Hedge Accounting
- Inventory and Supply Chain Management
- Automated Fuel Tax Application
- Integration with Existing Systems
Learn more about our support for the following commodities:
"We have a better chance of keeping our customers happy if we get our billing done quickly and get it right the first time and SolArc RightAngle has helped us manage our invoice process and consequently our customers are happier." - Operations Manager - Transportation Company
"SolArc understood our business and gave us confidence in our buying decision." - VP of Accounting, Global Airlines
