Logistics Company in Port of Tanjung Pelepas
Automating complex billing for an international logistics provider.
The Challenge
Global Speed Trans operates in the highly competitive Logistics & Transport sector. Before Autocount, they were facing significant operational bottlenecks:
- Billing clients in multiple currencies (USD, SGD, MYR).
- Complex forex gain/loss calculations.
- Tracking payments from overseas agents.
- Lengthy end-of-month closing process.
The Solution
Autocount Accounting with Multi-Currency
Setup Multi-Currency module with auto-updated exchange rates. Customized invoice templates to show dual-currency for better clarity.
The Results
After rapid implementation and training by the Autocount JB team, the results were immediate:
Automated realized/unrealized forex gain/loss reports.
Billing time reduced by 50%.
Accurate aging reports for foreign debtors.
Seamless audit process with transparent trails.
Client
Global Speed Trans
Industry
Logistics & Transport
"Dealing with forex used to be a nightmare. Now it's automatic. Our accountant is much happier."
Encik Razak, Finance Director
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