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Car Hire System
RailConnect™
Automate your accounting processes with RailConnect Car Hire System
Managing car hire has a distinct set of challenges. Complex rule sets, inefficient invoicing processes, and difficulty in determining liability can impact the speed and accuracy with which railcar owners are paid by railcar users.
Automate your accounting processes with RailConnect Car Hire System. Car Hire efficiently manages processing for railroads, while quickly and accurately calculating car hire and reclaims for hundreds of payable and receivable customers. A robust system, Car Hire helps railcar users calculate monthly car hire hours and automatically submits industry-mandated AAR files – handling more than a million equipment cycles per month.
Product Capabilities
Driving results with RailConnect Car Hire System
- Car movement and waybill data from RailConnect TMS is tightly integrated with RailConnect Car Hire and AAR’s Liability Continuity System (LCS), providing timely and accurate information
- Car Hire Receivables provides a thorough audit of monthly Car Hire earnings and produces claims where shortages are detected
- Reports to identify above-market rates, missing reclaims, excessive dwell, mileage overpayment and unreported interchanges
- Robust reports to monitor activity and identify trends
- Ability to audit monthly Car Hire earnings and expenses
- Generation of claims when shortages are detected
Benefits
Driving outcomes with RailConnect Car Hire System
Increase productivity
Increase productivity through automated processing of car-hire payables and receivables
Reduce errors
Reduce paperwork and human error through standardized tools and techniques
Optimize revenue
Optimize revenue through efficient and accurate invoicing
