Meta Description: Discover how CargoNet’s integrated accounting tools help freight forwarders automate invoicing, streamline payments, and reduce delays. Say goodbye to Excel chaos and hello to faster cash flow.
In freight forwarding, delays don’t just happen at ports—they often happen in your accounting department. Slow invoicing, manual reconciliation, and chasing payments can strangle your cash flow and frustrate your team.
If you’re still juggling spreadsheets or disconnected accounting software, it’s time to rethink your approach. CargoNet’s integrated accounting tools are purpose-built for freight forwarders, NVOCCs, and logistics service providers—giving you a faster, smarter way to manage finances.
The Problem: Freight Accounting is a Hidden Bottleneck
Many logistics companies still rely on manual or fragmented systems to handle invoicing and payments. What does this look like in the real world?
- Copy-pasting job data into Excel to generate invoices
- Delayed billing due to lack of real-time job status
- Inaccurate tax or surcharge calculations
- Manually matching payments with shipments
- Limited visibility into outstanding receivables
These inefficiencies cause more than just headaches—they delay cash flow, create compliance risks, and drain productivity.
The Solution: CargoNet’s Integrated Accounting Suite
CargoNet offers a fully integrated accounting module tailored for the freight and logistics industry. It’s not a generic financial tool—it’s built to handle the specific workflows and billing structures of freight forwarding.
Here’s how CargoNet’s accounting features can transform your business:
Automated Invoicing from Jobs
Invoices are auto-generated from confirmed shipments or completed jobs. No need to retype or recheck—everything flows from operations to accounts seamlessly.
Multi-Currency & Tax-Ready
CargoNet supports multi-currency invoicing with automatic FX rate updates. Tax configurations (GST, VAT, or regional tax slabs) can be applied per country, customer, or job type.
Cheque Printing Integration
Once a payment entry is raised, you can instantly print a cheque from the system—saving time and avoiding manual errors.
Bank Reconciliation
Automatically match payments and receipts with your bank statements using our smart reconciliation engine. Say goodbye to weekend audits and mismatched books.
Live Financial Dashboard
Gain real-time visibility into receivables, payables, and profit margins. The dashboard helps you track aging invoices, overdue payments, and credit limits in one place.
Benefits for Freight Forwarders, NVOCCs & 3PLs
CargoNet doesn’t just digitize your books—it accelerates your entire financial workflow.
Challenge
Before CargoNet
After CargoNet
Delayed invoice creation
Manual data entry from jobs
Auto-invoicing from job or booking modules
Multiple currencies
FX errors, manual conversion
Real-time, accurate currency management
Payment collection delays
Manual follow-ups and reminders
Automated alerts, status tracking
GST/VAT compliance
Risk of miscalculation
Auto-applied tax rules
No financial overview
Spreadsheets & siloed data
One dashboard for all receivables & payables
CargoNet Modules That Power Faster Accounting
- Sales & Purchase Invoices
- Debit & Credit Notes
- TDS/GST Filing Reports
- Expense Ledger Mapping
- Customer-wise Credit Control
- Accounts Aging Reports
- Journal Vouchers
- Balance Sheets & Profit Reports
All of these modules are designed to work together—so your finance team can move faster, make smarter decisions, and ensure financial accuracy across every shipment.
Ready to Transform Your Freight Accounting?
Don’t let outdated processes hold you back. CargoNet’s integrated accounting tools are designed to help logistics businesses like yours:
- Speed up billing
- Get paid faster
- Maintain compliance
- Improve financial visibility
Request a Demo Today
Experience a better way to manage invoicing and payments with CargoNet.
