Freight audit payment software

Freight invoice audit, routing controls and optimization, carrier rate negotiation and management. Our company has made the commitment to the latest freight invoice auditing and payment technology to ensure the most complete and accurate audit. 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. 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. The logistics alliance network is a boutique consulting company that works with strategic alliance partners who provide supply chain services and technology solutions.

How to choose the right freight auditing software for your. For more than 60 years, freight and parcel shippers have used service companies to audit their shipping invoices and to make accurate. 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. Connect your order and tracking data to your financial data to get realtime access to your global freight spend. Payment services and freight bill audit solutions for freight companies around the globe. Freight invoice processing capture carrier invoicing, apply business rules and. Transportation payment and settlement trax technologies. 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.

The 3pls freight audit payment solution provides modular functions that include contract management, data capture, audit and analysis, cost allocation, exception management, and payment. Our professionals will make certain your freight bills are being paid correctly by performing a pre audit of freight invoices. It enables the user to budget for expected shipments, establish the most costeffective shipping mode, accurately determine cost estimates. 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. Our global capabilities help us maximize your savings as you focus on what you do best. Consequently, almost all shippers unknowingly overpay their carrier with each invoice payment they send. If you have a large freight spend, putting a freight audit and payment solution in place is no longer something thats optional. 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. Jun 20, 2018 options for freight bill audit and pay. Our professionals will make certain your freight bills are being paid correctly by performing a preaudit of freight invoices.

With our extensive use of edi, autorating and ocr processes, youll get faster results at a lower cost. Qad precision freight bill audit and pay is used by high volume, high value and timesensitive global shippers. 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. Auditing freight bills, before payment, is essential in controlling costs and ensure that rates, along with numerous other factors, are accurately applied. The business intelligence software will support you to further enhance your organization. Freight audit why outsourcing delivers results cass. Success in freight audit and payment relies on carefully designed processes, meticulous data management, and exceptional financial controls with more than six decades. Freight audit freight payment national traffic service. The 2nd option of buying packaged software allows the company to save time and resources in the invoice. Dsi provides a comprehensive freight bill audit, payment and management reporting apmr program that is customized to meet our clients specific logistics services, freight. Global freight payment services from ssi for international. Controlpay liefert umfassende freight auditdienstleistungen uber unsere beispiellose. Freight bills are coded for your general ledger, down to the sku level if you require allowing you to appropriately allocate your freight costs. Auditing bills, gaining transparency to your data these are absolutely vital for managing freight costs.

Transparent business intelligence reporting, intransit tracking, control and standardization of processes. Traffic pro freight auditing and payment software nts. Mercurygate radically simplifies the freight bill audit and payment process through advanced automation thats easily configured to your business objectives. Qad precisions customers span multiple industries including banking and finance, life. What should you look for in freight auditing and payment software. Experts estimate that a company can expect freight.

Shippers can use these tools to populate vital shipment data, allocate charges accordingly, then cleanse and manipulate this information to be re. Our offshore and nearshore data entry team highly trained, understand freight audit and payment business. This is known as freight invoice validation and this process is simple as compared to a freight audit at. Freight audit and payment cass information systems. To begin the auditing process, a freight bill payment company receives its clients freight bills directly from carriers. Freight bills can be handled via multiple workflows including selfbilling, einvoicing, and traditional matchpay supply chain processes. Take a look at our freight audit services to see how we can help cut costs. Resources freight audit and payment consulting services.

Today, our advanced software and technology is supported by an expert team of account managers, technical programmers, and audit specialists. 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. Our freight bill audit, freight payment and management reporting systems provide the basis for evaluating the metrics of a successful transportation management system. The idea of freight audit and payment has been changing in recent years.

Verify freight costs, control shipping spend and leverage data driven metrics for improved visibility. Alct transport, management and consulting is a quebecbased company in the transport industry. The traffic pro freight auditing and payment software is a state of the art inhouse system that streamlines the audit process. 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. Freight management, inc is an industry leading provider of thirdparty logistics for local, national and global solutions for freight management and audit. Freight audit and payment services can help a company prevent. Hochqualifizierte freight auditdienstleister controlpay.

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. A parcel auditor can identify these errors and request chargebacks from the carrier on your behalf. An examination of records or financial accounts to check their. Freight audit and pay is a complex process because of transaction volume and amount of paperwork required to validate the bill. Ssi specializes in custom freight audit and freight payment software solutions. Freight audit and payment services with 97 years experience. Thirty years ago, the freight audit market was pioneered by ssi.

Freight payment services streamline payments, maximize savings. Whether the freight is parcel, lessthantruckload, truckload, volume, intermodal or international, freight audit automation can have enormous benefits. 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. 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. 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.

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. The volume of transactions can be overwhelming because of the onetoone relationship between shipment and invoice. 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. Freight audit services for max global logistics expenditure. Freight bill payment freight audit freight management. 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. A company that has standard weights for standard packages may opt to audit freight invoices at freight invoice level to reduce.

The most advanced and comprehensive parcel audit program in the industry. What should you look for in freight auditing and payment. Freight audit can be conducted at the shipment or freight invoice level. Reduce costs and optimize transportation strategies by automating your freight audit process and using financial driven kpis.

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. It should be clear that a sound strategy is a priority when it comes to freight auditing and payment. Realtime and accurate visibility to reduce exceptions. Your fedex and ups bills are evaluated for service failures. Ssi is led by exceptional individuals who are driven to help you save time while improving your profitability. Freight audit and payment freight audit payment software. Freight audit freight audit services freight bill audit. This should eliminate the need for extensiveand often inaccurateinternal accounts payable processing, experts say. Freight audit and payment acts as the inbetween for receiving, processing and paying invoices between the shipper and the carrier. The software can be optionally configured for audit processes via distributed bill audit centralized bill payment in large or divisional organizations. Ramifications of a poor freight audit and pay process.

Combining industryleading cloudbased applications with expert services, we are transforming traditional freight and parcel audit to help. Auditing bills, gaining transparency to your data these are absolutely vital. 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. There are a few things that make the globalization of.

With robust capabilities for automated freight audit and settlement, descartes transportation manager can enable your business to. Why you should consider a freight audit software solution. The software can be optionally configured for audit processes via. It takes a deep dive into every expense, every activity.

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. The mercurygate platforms audit system includes robust rating engine capabilities that allow users to reconcile, audit, and settle accounts rapidly and effectively. Client login carrier login search site logistics solved. All this is a product of our thorough audit process that results in an average recovery rate of 515% of your total freight spend. 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. 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. Trax is a global leader in transportation spend management solutions. To allow for an efficient response, please state within the email subject box the name of the software. To begin to replicate the services provided by companies, software must offer the following capabilities. Collecting invoices from the carrier freight invoice auditing preaudit or postaudit physical payment to the carrier aggregate. Accurate freight bill auditing and timely freight bill payment.

Freight bills can be handled via multiple workflows including selfbilling, e invoicing, and traditional matchpay supply chain processes. Today, our advanced software and technology is supported by an expert team of account managers, technical programmers, and audit. If you are an existing ssi customer, i want you to know how much the entire ssi team appreciates your business. Freight bill auditors our auditors are well trained to take care of your audit capabilities and day today activities with your team. Qad precisions freight auditing and payment services allow you to focus your energy on issue resolution by giving you the information you need. Our freight payment service is enabled by our proprietary myshipinfo software.

Upsfedex, ltl, truckload or global, freight management inc. Auditing freight bills, before payment, is essential in. Our company has made the commitment to the latest freight invoice auditing and payment technology to ensure the most complete and accurate audit possible. Freight audit and payment is the term used to describe a type of transportation expense management process. Need help with freight audit software or reach our helpdesk. A freight audit and payment service usually consists of the following services. What is freight auditing and how can it help enterprises. We specialize in the freight audit and payment industry.

For over 18 years, controlpay has been a leading global. 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. Global facilities and experience, local support in multiple languages, seamless regional integration. 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. 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. Transparent business intelligence reporting, intransit tracking, control and standardization of. For this reason, many shippers are adopting innovative strategies for auditing their freight payments, including the use of freight invoice auditing software.