Freight audit payment software

Take a look at our freight audit services to see how we can help cut costs. Freight bills can be handled via multiple workflows including selfbilling, e invoicing, and traditional matchpay supply chain processes. Controlpay liefert umfassende freight auditdienstleistungen uber unsere beispiellose. Freight audit and pay is a complex process because of transaction volume and amount of paperwork required to validate the bill. Our global capabilities help us maximize your savings as you focus on what you do best. Global freight payment services from ssi for international. Our offshore and nearshore data entry team highly trained, understand freight audit and payment business. Auditing bills, gaining transparency to your data these are absolutely vital. Freight audit and payment freight audit payment software. Our freight payment service is enabled by our proprietary myshipinfo software. Qad precisions freight auditing and payment services allow you to focus your energy on issue resolution by giving you the information you need. It enables the user to budget for expected shipments, establish the most costeffective shipping mode, accurately determine cost estimates. Ramifications of a poor freight audit and pay process. Freight audit freight payment national traffic service.

Why you should consider a freight audit software solution. Freight audit and payment is the term used to describe a type of transportation expense management process. What should you look for in freight auditing and payment software. Auditing freight bills, before payment, is essential in. Freight bills are coded for your general ledger, down to the sku level if you require allowing you to appropriately allocate your freight costs.

It should be clear that a sound strategy is a priority when it comes to freight auditing and payment. Companies need to find those freight audit and pay companies that will help them capture savings caused by errors and provide data analytics against market prices. For over 18 years, controlpay has been a leading global. The idea of freight audit and payment has been changing in recent years. Shippers can use these tools to populate vital shipment data, allocate charges accordingly, then cleanse and manipulate this information to be re. All this is a product of our thorough audit process that results in an average recovery rate of 515% of your total freight spend. Mercurygate radically simplifies the freight bill audit and payment process through advanced automation thats easily configured to your business objectives. A parcel auditor can identify these errors and request chargebacks from the carrier on your behalf. Freight audit and payment services with 97 years experience. It takes a deep dive into every expense, every activity, and even every truck in order to see where the overall cost is coming from.

The volume of transactions can be overwhelming because of the onetoone relationship between shipment and invoice. With robust capabilities for automated freight audit and settlement, descartes transportation manager can enable your business to. Freight management, inc is an industry leading provider of thirdparty logistics for local, national and global solutions for freight management and audit. Qad precisions customers span multiple industries including banking and finance, life. Transparent business intelligence reporting, intransit tracking, control and standardization of processes.

Alct transport, management and consulting is a quebecbased company in the transport industry. Freight bill auditors our auditors are well trained to take care of your audit capabilities and day today activities with your team. Ssi specializes in custom freight audit and freight payment software solutions. Freight audit and payment cass information systems. Payment services and freight bill audit solutions for freight companies around the globe. It takes a deep dive into every expense, every activity. The traffic pro freight auditing and payment software is a state of the art inhouse system that streamlines the audit process. Qad precision freight bill audit and pay is used by high volume, high value and timesensitive global shippers. Freight audit and payment services can help a company prevent. Your fedex and ups bills are evaluated for service failures late delivery and those fees are deducted from your payment, eliminating the need to file claims and saving you time and money.

Traffic pro freight auditing and payment software nts. Combining industryleading cloudbased applications with expert services, we are transforming traditional freight and parcel audit to help. Freight audit and freight payment with auditpay, our team of account professionals works closely with you, using your freight invoices and bills of lading, while incorporating your companys specific requirements to ensure proper audit processing and freight payment. Auditing freight bills, before payment, is essential in controlling costs and ensure that rates, along with numerous other factors, are accurately applied. Jan 09, 2019 a solid freight payment company should also offer a team of professionals working closely with shippers to analyze freight invoices and bills of lading to ensure proper audit and payment processing. Success in freight audit and payment relies on carefully designed processes, meticulous data management, and exceptional financial controls with more than six decades investing in growing with our customers and honing our craft, cass delivers sustainable savings, a process you can trust, and reliable, detailed visibility to your transportation costs. An examination of records or financial accounts to check their. A solid freight payment company should also offer a team of professionals working closely with shippers to analyze freight invoices and bills of lading to ensure proper audit and payment. A freight audit and payment service usually consists of the following services. Freight invoice processing capture carrier invoicing, apply business rules and. For freight and parcel shippers, the measure of the right auditing and payment software is how well it emulates the services of the successful auditing and payment service companies.

Freight invoice audit, routing controls and optimization, carrier rate negotiation and management. A company that has standard weights for standard packages may opt to audit freight invoices at freight invoice level to reduce complexity in the freight audit process. Transportation payment and settlement trax technologies. With qad precision freight bill audit and pay, you have the flexibility to process multiple actions driven by your contract strategy, whether selfbilling or carriermandated. Sep 26, 2011 ct logistics proprietary transportation software, freitrater, provides a comprehensive freight bill audit, payment, and management reporting system designed specifically for freight shippers or consignees. Our professionals will make certain your freight bills are being paid correctly by performing a preaudit of freight invoices. Accurate, timely payment using business rules customized to your unique freight audit and payment workflow create opportunities for better pricing, faster disbursement, reduced risk of disruption and improved accrual visibility. Collecting invoices from the carrier freight invoice auditing preaudit or postaudit physical payment to the carrier aggregate. Dsi provides a comprehensive freight bill audit, payment and management reporting apmr program that is customized to meet our clients specific logistics services, freight. Freight audit services for max global logistics expenditure. Freight audit why outsourcing delivers results cass. The most advanced and comprehensive parcel audit program in the industry. For this reason, many shippers are adopting innovative strategies for auditing their freight payments, including the use of freight invoice auditing software. Transparent business intelligence reporting, intransit tracking, control and standardization of.

The software can be optionally configured for audit processes via. To begin to replicate the services provided by companies, software must offer the following capabilities. Combining industryleading cloudbased applications with expert services, we are transforming traditional freight and parcel audit to help customers better manage and control their global transportation costs and drive enterprisewide efficiency. Your fedex and ups bills are evaluated for service failures. This is known as freight invoice validation and this process is simple as compared to a freight audit at. Freight bill payment freight audit freight management. Ct global freight audits leading freight rating software provides an automated volumes validation on every shipment and transaction, matching internal client data with the billed quantity. Accurate freight bill auditing and timely freight bill payment. What is freight auditing and how can it help enterprises. Throughout our years of experience, we have become the experts in managing invoices for all modes and services of transportation, from all over the world, in any currency, and in most languages.

How to choose the right freight auditing software for your. Ratelinx offers an industryleading ecosystem that empowers you to plan, execute, track, and pay for freight while optimizing your supply chain to reduce costs, streamline operations and gain endtoend. If you have a large freight spend, putting a freight audit and payment solution in place is no longer something thats optional. Qad precisions customers span multiple industries including banking and finance, life sciences, high technology, retail, industrial, automotive, higher education and public sector as well as logistics providers. Sep 15, 2010 the 3pls freight audit payment solution provides modular functions that include contract management, data capture, audit and analysis, cost allocation, exception management, and payment processing. The software can be optionally configured for audit processes via distributed bill audit centralized bill payment in large or divisional organizations. Connect your order and tracking data to your financial data to get realtime access to your global freight spend. Ssi is led by exceptional individuals who are driven to help you save time while improving your profitability. There are a few things that make the globalization of. Today, our advanced software and technology is supported by an expert team of account managers, technical programmers, and audit.

The 3pls freight audit payment solution provides modular functions that include contract management, data capture, audit and analysis, cost allocation, exception management, and payment. Freight audit and payment acts as the inbetween for receiving, processing and paying invoices between the shipper and the carrier. Auditing bills, gaining transparency to your data these are absolutely vital for managing freight costs. Reduce costs and optimize transportation strategies by automating your freight audit process and using financial driven kpis. Whether the freight is parcel, lessthantruckload, truckload, volume, intermodal or international, freight audit automation can have enormous benefits.

Jun 20, 2018 options for freight bill audit and pay. Resources freight audit and payment consulting services. Experts estimate that a company can expect freight charges to typically represent up to 10% of a companys total cost of goods, a significant enough portion to pay attention to and to apply the most effective tactics to minimize. Freight payment services streamline payments, maximize savings. What should you look for in freight auditing and payment. Ratelinx offers an industryleading ecosystem that empowers you to plan, execute, track, and pay for freight while optimizing your supply chain to reduce costs, streamline operations and gain endtoend visibility.

Freight audit can be conducted at the shipment or freight invoice level. This should eliminate the need for extensiveand often inaccurateinternal accounts payable processing, experts say. Success in freight audit and payment relies on carefully designed processes, meticulous data management, and exceptional financial controls with more than six decades. The points of attention are different according to the size of the company and the modes of transport used, but all the companies for which transport is an issue, are concerned by the best audit. Thirty years ago, the freight audit market was pioneered by ssi. Companies need to find those freight audit and pay companies that will help them capture savings caused.

Realtime and accurate visibility to reduce exceptions. Our company has made the commitment to the latest freight invoice auditing and payment technology to ensure the most complete and accurate audit possible. Hochqualifizierte freight auditdienstleister controlpay. Upsfedex, ltl, truckload or global, freight management inc. The mercurygate platforms audit system includes robust rating engine capabilities that allow users to reconcile, audit, and settle accounts rapidly and effectively. Accurate, timely payment using business rules customized to your unique freight audit and payment workflow create opportunities for better pricing, faster disbursement, reduced risk of disruption and.

Our freight bill audit, freight payment and management reporting systems provide the basis for evaluating the metrics of a successful transportation management system. To allow for an efficient response, please state within the email subject box the name of the software. Freight audit freight audit services freight bill audit. The business intelligence software will support you to further enhance your organization. With our extensive use of edi, autorating and ocr processes, youll get faster results at a lower cost. Experts estimate that a company can expect freight. While erp and tms systems help automate freight audit and payment, few offer 100% prepayment audit and none offer trade finance to improve cash flow. Freight bills can be handled via multiple workflows including selfbilling, einvoicing, and traditional matchpay supply chain processes. Global facilities and experience, local support in multiple languages, seamless regional integration.

The 2nd option of buying packaged software allows the company to save time and resources in the invoice. Client login carrier login search site logistics solved. The logistics alliance network is a boutique consulting company that works with strategic alliance partners who provide supply chain services and technology solutions. Verify freight costs, control shipping spend and leverage data driven metrics for improved visibility. Today, our advanced software and technology is supported by an expert team of account managers, technical programmers, and audit specialists. Need help with freight audit software or reach our helpdesk. There are a few things that make the globalization of your data visibility complex such as, the multiplicity and diversity of information systems, languages, transportation modes and distribution channels. To begin the auditing process, a freight bill payment company receives its clients freight bills directly from carriers. Our company has made the commitment to the latest freight invoice auditing and payment technology to ensure the most complete and accurate audit. Trax is a global leader in transportation spend management solutions. Consequently, almost all shippers unknowingly overpay their carrier with each invoice payment they send. Our professionals will make certain your freight bills are being paid correctly by performing a pre audit of freight invoices. We specialize in the freight audit and payment industry.