Freight auditing and payment software

Before you enroll in a parcel or freight audit, you probably want to know if it is going to be worthwhile. To begin to replicate the services provided by companies, software must offer the following capabilities. Jun 20, 2018 options for freight bill audit and pay. In fact, ssi can audit freight bills from any country, in multiple languages. Other validations to ensure freight invoices are accurate. Purchasing freight auditing software some freight audit and payment providers in recent years have developed software for shippers to use inhouse. Accurate auditpay analyzes freight bills for appropriate product classification and rate calculation flexible.

Traffic pro freight auditing and payment software nts. Freight audit why outsourcing delivers results cass. 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. Qad precisions freight auditing and payment services allow you to focus your energy on issue resolution by giving you the information you need. Jan 09, 2019 today, a good freight bill payment partner should offer auditing for parcel and all modes of freight, including ocean and airfreight. And even after the auditing fees are included, using a freight auditing and payment service still saves you money, reduces the hours accounts payable spends on shipping invoices and captures valuable data. It should be clear that a sound strategy is a priority when it comes to freight auditing and payment. This freight bill processing system revolves around the original freight invoice received from the customer or carrier and processed according to specific. Companies need to find those freight audit and pay companies that will. Auditing bills, gaining transparency to your data these are absolutely vital for managing freight costs. Audit savings are achieved through the elimination of overcharges and duplicate payments.

While most freight auditing companies only track, monitor, and claim freight auditing refunds electronically by using software that they either developed or leased, nessco freight auditing takes it to a very meaningful step further. Ssi provides you with clear visibility to your money throughout the carrier payment process. How freight audit software can help companies xeneta. This begins by creating a transportation strategy and clearly defining a purpose. Mar, 2017 selecting a freight audit and payment provider. Freight bill auditors our auditors are well trained to take care of your audit capabilities and day today activities with your team. Our company has made the commitment to the latest freight invoice auditing and payment technology to ensure the most complete and accurate audit possible.

Moreover, we have noticed that the approach of freight audit is becoming more strategic. Ssi provides timely and transparent freight payment solutions for companies with global supply chains. What is freight auditing and how can it help enterprises. Top 10 freight audit and payment solution companies 2019. Freight invoice audit, routing controls and optimization, carrier rate negotiation and management.

Fortigoa freight audit software provideris enabling shippers to replace their dated systems with its dynamic solutions. After auditing invoices electronically, our highly skilled team of auditors then reaudit the entire invoice manually, combing through every detail to ensure that. Furthermore, our expertise is fully realized when outsourcing key roles of your freight management functions such as. If the company that is auditing and paying the bills is the same party that initially negotiated the freight rate, additional accuracy and reliability can be. Controlling costs is critical and through preauditing of freight bills and outsourced freight payment. While freight auditing has been around for quite some time, there are some growing trends in automation, designed to expedite the process, reduce mistakes, and save companies money. 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. Our freight payment service is enabled by our proprietary myshipinfo software.

Once carrier invoices are properly approved, the system automatically creates customer invoices and attaches the right paperwork to the invoice. Why you should consider a freight audit software solution. Our freight auditing is driven by deep logistics knowledge, flexibility to. Many companies are looking beyond quick costs savings and use freight auditing as a profitable tool for logistics optimization and visibility. 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 global capabilities help us maximize your savings as you focus on what you do best. Cts freitrater rating engine software allows for immediate savings, coupled with cts auditpay freight payment system ct logistics freitrater. Upsfedex, ltl, truckload or global, freight management inc. The traffic pro freight auditing and payment software is a state of the art in house system that streamlines the audit process. Auditpay service auditpay is a freight bill preaudit and payment service offered by ct logistics, a leader in thirdparty transportation management, freight bill audit and payment services. 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. Pacejet freight auditing software helps you reduce shipping costs and eliminate carrier invoicing mistakes by matching the detail in carrier invoices to your actual shipping records. This informs the shippers about the actual costs of the consignment on which the freight invoices are based. What should you look for in freight auditing and payment software.

Global freight payment services from ssi for international. Furthermore, software might catch errors human workers can miss, while also building up a wealth of data to help improve processes over time. Saas has extensive experience in the development of full scale freight audit and payment system that incorporates the various critical processes of traditional freight audit and payment systems. Many freight auditors are now offering parcel auditing services which include ups, federal express, dhl, purolator etc. These are the benchmarks to look for in audit and payment software. Get full supply chain visibility and control transportation costs. What should you look for in freight auditing and payment. Our offshore and nearshore data entry team highly trained, understand freight audit and payment business. Freight payment services streamline payments, maximize savings. We process freight bills from multiple languages, in the worlds most traded currencies.

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. With qad precision freight bill audit and pay, you have the flexibility to process multiple actions driven by your contract strategy, whether self. If you have a large freight spend, putting a freight audit and payment solution in place is no longer something thats optional. For more than 60 years, freight and parcel shippers have used service companies to audit their shipping invoices and to make accurate. When evaluating freight audit and payment providers, consider partnering with one that also negotiates transportation rates on your behalf. Freight bots software specialties data entry operators our offshore and nearshore data entry team highly trained, understand freight audit and payment business. Jun 18, 2015 as with most software based solutions, the goal and efficacy of freight auditing software is based on how much time and or money it saves the company in the long term. Our software ensures that your supply chain analytics are at your fingertips. Freight bill auditing and freight payment with auditpay is. This duty is typically provided by a thirdparty agency that specializes in freight auditing and payment forwarding. A freight audit and payment service usually consists of the following services.

Advanced reporting and project management software is used to. Mercurygate frees you from these unattractive options through powerful automation in freight auditing and payment processing thats configured to your needs. Our professionals will make certain your freight bills are being paid correctly by performing a preaudit of freight invoices. Freight bill auditing gives companies an immediate return on investment, says allan miner, president of cleveland, ohiobased ct logistics, which has been offering freight. Auditing freight bills, before payment, is essential in controlling costs and ensure that rates, along with numerous other factors, are accurately applied. 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. Transparent business intelligence reporting, intransit tracking, control and standardization of processes.

For smart companies with highvolume shipping, freight invoice auditing isnt an option, its a necessity. To begin the auditing process, a freight bill payment company receives its clients freight bills directly from carriers. The business case is well established for freight shippers to use service companies that specialize in freight auditing and payment, as intermediaries between themselves and their carriers. Sep 26, 2011 the freight bill payment and auditing company then submits payment on the shippers behalf, and provides reports that help complete their general ledger account coding. Back in the dark ages before audisee, shippers had to pick up the phone and talk to a sales guy for 40 minutes, just to wait another 3 to 4 weeks for the results of their test audit. Collecting invoices from the carrier freight invoice auditing preaudit or postaudit physical payment to the carrier aggregate billing to the shipper for freight costs incurred allocation of transportation costs to individual cost centers detailed reporting for logistics costs and service the outsourcing of the. A freight audit is a process of accurately investigating freight invoices through examination of freight records, adjustment, and verification of freight bills. Trends in automation of freight audit payments gep. Take advantage of the cost savings with our industry leading freight payment and auditing services, transportation management system software, and supply chain design services. Freight audit and payment application development, auditing. Software solutions unlimited ssi software solutions freight audit.

Freight auditing software freight cost analysis services. Before you begin to implement a new auditing system, you want to understand and exhibit why its important. Learn how the right freight audit software can enhance performance and. With our extensive use of edi, autorating and ocr processes, youll get faster results at a lower cost. The cost is prohibitive to do this inhouse, and the value of auditing is proven, even. Trax is a global leader in transportation spend management solutions. The most comprehensive freight bill auditing, payment and management reporting software system designed specifically for freight.

The traffic pro freight auditing and payment software is a state of the art inhouse system that streamlines the audit process. Freight audit and payment freight audit payment software. Saas utilizes our proprietary rate engine as the core component of the system. Freight audit and payment services can help a company prevent. Global facilities and experience, local support in multiple languages, seamless regional integration. Ssi specializes in custom freight audit and freight payment software solutions. Your company can significantly profit from immediate savings. Freight audit and payment cass information systems. Jul 22, 2016 payment can be incorporated as part of the automation or kept separate. Inbound logistics details the freight audit process as follows.