Complete Port Services Monetization Tool
What do you like best?
The best thing about this solution is the configurability of rating parameters. We can configure different rates for different shipping lines, container types, and other port services. We make good use of the combination of billing intervals with one-time invoices, which allows us to have regular clients with monthly or semi-annual fees, while still being able to issue an “over the counter” invoice for special services and Customs charges.
What do you dislike?
We imported tons of different product/price combinations, and it took a while to come up with a way to manage them efficiently, but we managed to overcome this together.
Recommendations to others considering the product:
We recommend this product to anyone dealing with a lot of different pricing parameters and invoicing rules, and we recognize how it could be applied for any other industry as well. The REST APIs are straightforward and enable good catalog management.
What problems are you solving with the product? What benefits have you realized?
We have several product-rate combinations stored in Tridens Monetization, which we use to charge vessel operators for import/export and handling charges. The charges differ based on the cargo type, whether containers are full or empty, or whether they are special containers, like refrigeration or hazardous materials. Additionally, we charge clients for picking up containers, apply late-pickup fees, and any additional charges for cargo movement. Tridens Monetization allows us to manage our pricing in one spot while still being able to produce invoices for printing and even pull financial reports. It saves us a lot of manual work.
