RailAmerica has chosen Greenbrier Management Services (GMS) to provide railcar management services, including car hire payable, car hire receivable and car repair payable processing.
GMS began processing car hire payables on rail equipment that is interchanged onto RailAmerica’s network of 39 regional and short-line rail properties in late 2009. Also in late 2009, GMS started processing car hire receivables generated by RailAmerica’s fleet of railcars. Car hire is rent paid to the equipment owner, based on time and/or miles travelled.
To date, implementation of payables and receivables processing has been completed for three of RailAmerica’s five regions. Final implementation is expected to be completed early in 2010 ahead of promised delivery schedule.
GMS uses Enable car accounting processing system to perform these services. Enable is a robust, web-enabled, proprietary product, with patent pending, that integrates the processing of car hire payable and car hire receivable data. The system allows customers to proactively manage their car hire by processing data daily and gives customers a combination of functionality, scalability and value backed by GMS’s commitment to customer service. Enable is appropriate for deployment by railroads, shippers and lessors of all sizes and complexities, including Class I carriers. Clients are assured their data remains confidential through rigorous annual third party audits.
In addition to car hire processing, GMS is providing car repair payables processing for RailAmerica using Entrust maintenance management system. As part of this service, GMS is providing Association of American Railroads (AAR) and shop billing audits plus back office administration to meet RailAmerica’s railcar repair requirements. The web-based Entrust system provides accurate invoice audits, shop estimate and repair processing, ‘bad order’ disposition and wreck management, plus maintenance cost analysis reporting.
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