Are freight bill audits really worth the investment. Parcel shipping auditing software is essential to keeping your shipping costs down and encourages repeat purchases and shopping trips by consumers. Freight bills can be handled via multiple workflows including selfbilling, e invoicing, and traditional matchpay supply chain processes. A robust freight audit software can help you identify consolidation opportunities and trim costs by making smarter transportation decisions. We audit freight bills and freight processes to save you money on your freight bill costs. Freight bill post audit due to both government and individual carrier imposed statute of limitations, the timely receipt of freight bills for audit. Auditing services receive the industrys most comprehensive global freight audit service. Through this careful process, a shipper can verify the accuracy of their bills. How freight audit software can help companies xeneta. Freight audit why outsourcing delivers results cass. The software can be optionally configured for audit processes via distributed bill audit centralized bill payment in large or divisional organizations.
The ultimate goal is to accurately rate and audit your freight invoices with minimum manual intervention. What should you look for in freight auditing and payment. Ct logistics has one of the longest tenures in the freight bill audit and payment space94 years, says president allan j. Freight bill audit and pay fbap is an essential component of any business that sells products, yet an astonishing 25% of companies do not. Many companies are looking beyond quick costs savings and use freight auditing. Cass clients benefit from a highly automated freight audit system with proprietary cass software. Our payment auditing and reporting tools help ensure data integrity and improve your supply chain decisions. Mercurygates platform makes this process easier and more reliable through. Increased efficiencies delivered by our freight management processes and freight billing software yield substantial savings that can far exceed those received by a reduced freight. Success in freight audit and payment relies on carefully designed processes, meticulous data management, and exceptional financial controls with more than six decades.
Freight billing back office data processing ddc fpo. Freight bill audit and pay fbap is an essential component of any business that sells products, yet an astonishing 25% of companies do not utilize technology to pay and manage freight bills. A professional 3rdparty logistics company will use the latest and technology solutions, which are typically customized for every individual client. Auditing solutions for parcel and freight varsity logistics. Traffic pro is a state of the art inhouse freight audit and payment system developed for companies who need to automate and streamline their freight bill. Parcel invoice auditing software is paramount in logistics technology. Freight bills can be handled via multiple workflows including self billing, einvoicing, and traditional matchpay supply chain processes. As a concept, freight invoice auditing is simple to understand. Freight bill audit and pay fbap is an essential component of any business that sells products, yet an astonishing 25% of companies do not utilize technology to pay and manage freight bills, resulting in a lost opportunity for cost savings.
Trax is a global leader in transportation spend management solutions. If you lack parcel auditing, you are leaving money. Dsi provides a comprehensive freight bill audit, payment and management reporting apmr program that is customized to meet our clients specific logistics services, freight shipping services and cost accounting requirements. Through this careful process, a shipper can verify the accuracy of.
Up to 50 percent of shippers opt to work with an outside vendor for parcel shipment auditing, reports parcel magazine. Once you pass those files to audisee, the software instantly starts the fedex or ups auditing process of looking for refund opportunities. Freight billing software developed and runs under sun solaris open systems. The idea is to make sure you only pay the shipping charges you should, and nothing more. They will use the software and other resources to complete an initial audit. Advanced reporting and project management software is used to. Are lcl shipments combined into the invoice, for lower fcl rates. Our program addresses all modes of domestic and international freight transportation. When companies pay inhouse employees to manually process invoices and freight audits. At its essence, a freight audit is the process of examining and validating a freight carriers invoices. And all of this is available without dedicating your own valuable it resources to try to develop an auditing and payment system from scratch.
Freight bill payment freight audit freight management. The most comprehensive freight bill auditing, payment and management reporting software system designed specifically for freight. The freight audit software also can match shipments to their original order numbers or purchase orders, minimizing the risk of duplicate invoices. For this reason, many shippers are adopting innovative strategies for auditing their freight payments, including the use of freight invoice auditing software. 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. Auditing the actual auditing of a freight bill invoice is the last step. Processing 30% of all ltl bills in north america, ddc fpo has delivered more successful freight billing solutions for carriers and 3pls than any other company. Freight audit and payment cass information systems. Our program addresses all modes of domestic and international freight transportation services. Once your carriers are securely connected, the software automatically shows you all the errors, duplicates and. And all of this is available without dedicating your own valuable it resources to try to develop an auditing. It is your inhouse system for processing ratebased transportation management transactions.
Automates freight bill audit process freightaudit compares the carriers actual invoices with prenegotiated rates, anticipated costs generated at the time of shipment, and discounts stored in the. Companies need to find those freight audit and pay companies that will. Freight bills can be handled via multiple workflows including selfbilling, einvoicing, and traditional matchpay supply chain processes. Over that time, it expanded its core freight audit and payment service offerings to include broadbased tms products, business intelligence, analytics, and supply chain software. Our professionals will make certain your freight bills are being paid correctly by performing a pre audit of freight invoices. Traffic pro is a state of the art inhouse freight audit and payment system developed for companies who need to automate and streamline their freight bill processing. You can reduce costs in freight bill auditing and payment while our high. At its essence, a freight audit is the process of examining and validating a freight carrier s invoices. Traffic pro freight auditing and payment software nts. Lojistic will audit your bills for free and display all potential refunds that your carriers owe you. How to choose the right freight auditing software for your.
Once you pass those files to audisee, the software instantly starts the fedex or ups auditing process of looking for. Still other companies opt for controlling transportation costs by outsourcing freight bill audit. Auditing freight bills, before payment, is essential in. 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. Freight management, inc is an industry leading provider of thirdparty logistics for local, national and global solutions for freight management and audit. Use pacejets freight bill audit software to sift through your invoices to uncover hidden cost savings and ultimately save your business money without huge margins charged by outside vendors. Our customized, automated audit process thoroughly inspects freight bills to ensure your carriers keep. The solution provides mode expertise and global reach, reporting capabilities, ease of using proprietary software, and integration capabilities should be among the checklist before initiating a partnership. Top 10 freight audit and payment solution companies 2017. Using audisee begins with locating the fedex and ups invoices that you want to audit. Freight audit freight audit services freight bill audit. Upsfedex, ltl, truckload or global, freight management inc.
In this edition of logistics tech outlook, we present you the top 10 freight audit. Moreover, we have noticed that the approach of freight audit is becoming more strategic. Our enhancements to the freight audit industry over the years have enabled our customers to become more efficient, reduce their freight costs, prevent incorrect payments, generate analytics that drive. Freight audit companies freight bill audit software. Without some level of automation, personnel costs makes an audit costineffective. Parcel invoice auditing software is paramount in logistics. Freight rating, freight routing, and freight bill auditing software ct logistics universal, inhouse developed software is an extensible pricing and rating engine for the transportation industry. Combining industryleading cloudbased applications with expert services, we are transforming traditional freight and parcel audit to.
Learn how the right freight audit software can enhance performance and. Why you should consider a freight audit software solution. Mercurygates platform makes this process easier and more reliable through dynamic rule sets and automated processing. Parcel audit software helps monitor carrier performance, identify billing errors and shipping inconsistencies. Controlpay provides freight audit services via its fully webbased robust audit. Use our freight bill audit software to get better rates. Our payment auditing and reporting tools help ensure. Other companies pay a licensing fee for software that helps manage the process. Freight audit and pay is a complex process because of transaction volume and amount of paperwork required to validate the bill.
636 391 117 586 855 13 480 1326 1595 1086 439 313 878 1403 805 1217 1308 276 624 1149 810 431 155 1482 609 1019 280 190 668 344 562 580 328 1077 976 545 1437 417