• Invoicing
    • Summary Invoicing

      Summary invoicing is the industry practice to accumulate charges for a number of activities onto one invoice. WDLS supports multiple type of summarization for accessorial, receiving, and recurring storage charges.

    • General Invoicing

      General invoices are used to charge for things that cannot be derrived on accessorial, storage, or receipt billing.

    • Receiving Invoicing

      A warehouse receiving document is a contract. Charges incurred during receiving are printed on the warehouse receipt. The charges are either invoiced per receipt, or accumulated into a summary invoice.

    • Storage Invoicing

      Storage invoices are usually produced on a periodic cycle. The invntory balance on last day of the is billed for storage for the next period.

    • Accessorial Invoicing

      Accessorial invoicing is typically a form of invoice that bills for service activities and supplies used to service the account during a billing period. These could range from fax utilization or copy charges to special labeling fees.

    • Invoice Adjustments

      A common practice in the 3PL space is to adjust an invoice amount after a charge negotiation. Adjustments are dated and aged and affect the net amount of the invoice much like an applied debit or credit memo.

    • Voiding

      Voiding an invoice involves not only crediting the invoice to zero, but also going back to the source transactions and marking them for re-invoicing.

  • Payment Processing
    • Batch Processing

      Payments can be organized into batches for production of hash totals and deposit slips.

    • Lock Box Processing

      Lock box arrangements allow you to forward your payment to a processing service. Payment data is recorded and retrieved in the system via a secure connection.

    • Cash Application
      • by Invoice Number

        Cash application can be done by specific invoice number.

      • by Range

        Using a range of invoice number streamlines the application of a payment.

      • by Revenue Center

        Cash application is done by ledger code breakout on the invoice. If a customer makes a partial payment, but contests the handling fee, the cash can be applied so that the handling fees are the portion that remain unpaid.

  • Receivables
    • Invoice Searches

      Powerful searches allow you to filter and sort by a wide range of criteria.

    • Invoice Review

      3rd Party billing can result in multi-page invoices with many lines of detail. When invoices are archived they can be made available for on-line research and review.

    • Drill-Downs

      Drill-down capability on on-line reports and inquiries speed navigation during research.

    • Statements

      Customer statements list open receivables and prior period activity.

    • Agings

      Agings provide account associates to focus on possible problem areas in the pending receivables.

  • Sales & Revenue
    • by Customer

      Customer sales and revenue reports focus on isolating revenue information by account.

    • by Building

      Building based reporting help you isolate revenue by facility to evaluate facility and workforce profitablility.

    • by Revenue Center

      Revenue center reporting assists in evaluating business activities.

    • by Period

      Period reports is used to identify cycles and trends in activity.

    • by Attribute

      Account attributes allow you to arrange accounts into groupings.

    • 13 Month Comparative

      A 13 month rolling comparative report is very beneficial in spotting trends.

    • Handling Analysis

      Handling analysis focuses on handling revenue earned and includes factors for deferred revenue calculations.

  • Interfaces
    • Summary Export

      A summary export process is used to just post the net change to A/R to an outside application.

    • Header Export

      A header level export provides transaction level data for invoices, payments, and adjustments to revenue.

    • Detail Export

      A detail level export process provides line level detail for invoices, payments, and adjustments to revenue.

    • Lock Box Import

      Lock box imports bring in payments and apply cash from a lock box service provider.

WDLS Finance

Our Finance capabilities manage, control, and report the billing, revenue, payments, and accounts receivable status of your organization. This includes invoicing, receivable statements, invoice adjustments, and cash applications. By design, it streamlines invoicing and tracks sales and revenue by customer, revenue code, and facility from inception, providing information critical to the successful management of the public warehouse. Account attributes allow you to further classify accounts by market sector, business relationship, or any other characteristic of importance.

WDLS possesses a wide array of options for charging services based on receipt of goods, recurring periodic storage of goods, accessorial charges, and general invoicing. Through automated charges and period billing, WDLS insures and services are charged for accourding to contract terms. The Financing capabilities are tightly integrated with WDLS which provide timely information and support extensive drill-down and research tools.

WDLS Finance offers a variety of cash application options. You may apply payments by marking a list of open invoices, by entering a list of invoice numbers, or keying an invoice range within an account. Partial or full payments may be spread across multiple accounts.

WDLS Finance contains powerful inquiries to locate invoices and payments, track cash application and revenue breakouts, review source invoices online, and cross reference from one panel to the next. Various types of Customer Statements can be produced listing open invoices. Receivable reports can be used to age the receivables and account on either the summary or detail levels.

WDLS Finance provides transaction reports that allow you to monitor your daily, monthly and annual activity. The invoice, payment, and adjustment registers provide numerous selection criteria that allow you to select by customer, building, date, or invoice number ranges. Flexible sales reports lists in detail or summary form, sales by ledger codes, cost centers, customer and multiple periods from inception. In addition to producing reports on paper, all of the major reports allow you to generate and "archive" the report results. An archived report can be viewed on-line. The archive reports support drill-down functions that allow you to see revenue down to invoice level.