Integrated Settlement Solutions Fortify Financial Control
Automate & Align Freight Payment to Drive Savings
Freight bill audit, freight payment, and cost allocation solutions integrated into your TMS achieve bottom-line savings by improving your transportation budgeting, cost monitoring, and payment execution. With advanced automation and reporting capabilities, you can radically simplify freight audit and payment processes while eliminating manual errors. At the same time, easy alignment with your preferred financial system ensures costs are properly assigned, reducing barriers to freight payment and keeping your accounting clean.
Accelerate Financial Settlement with Automation
Freight Bill Audit
Dynamic rulesets and automated freight bill processing eliminate errors and alleviate workload with predefined cost variation thresholds.
Freight Payment
Audited freight bills automatically advance for payment or join with other supporting documents for customer invoicing.
Cost Allocation
Integrated transportation and financial data alleviate manual GL Coding and allocation while supporting advanced reporting.
Measure Value of Automated Freight Audit and Payment
Recover costs by eliminating manual processes for freight invoice validation and payment execution.
- Robust rating engine enables fast and effective audit, reconciliation, and settlement.
- Workflow rulesets facilitate touchless invoice processing and focused exception management.
- Customizable tolerance thresholds ensure you address high-variance invoicing errors.
- Unified data access eliminates manual checks and identifies errors before payment execution.
- Efficient accounting improves landed cost awareness, inventory management, and customer confidence.
- Billing errors avoided help protect your relationships with partners and customers.
Allocate Costs Using a Single Source of Financial Truth
How Does Cost Allocation Work?
Automatically track shipment status from foreign port to customer door with the latest invoice tracking and processing software.
Keep customers up-to-date on the latest payment and shipment information with real-time shipment and order visibility.
Monitor shipment data, route disruptions, and claims occurrences in real-time to address problems as they happen – or before.
Organize inventory management processes and track priority financial data within one consolidated platform for cost allocation.
Use automated systems, API, and EDI connections to seamlessly share data across integrated resources to avoid the hassle of manual GL coding and cost allocation.