Freight Payment & Audit System
The Freight Payment and Audit (FP+A) system is designed to automate the freight invoice auditing process on behalf of the shippers. It is an integrated platform that collates, audits, reconciles, analyses shipping-related charges, and provides decision criteria for payment.
What does it offer?
- Shipment contract rates management
- Customizable shipping charges formula
- Automated freight invoice audit engine
- Exception management allows various automated notifications and alerts
- Debit and Credit note management allowing full reconciliation of any exceptions
- A platform to capture shipment-related data such as delivery orders, invoice, debit note and credit notes
- In-depth freight spends analysis based on various invoice cost components
- Configurable data file template to support various customer / LSP enterprise systems
- Built-in electronic integration capabilities ensure seamless exchange of data in a secure and reliable manner
- User access management to data level via Role-Based access controls (RBAC)
- Secure cloud-based access allows system capacity to scale as the business expands
- Multilingual and localised user interfaces
How does it benefit our clients?
- Eliminate data errors and multiple document handling
- Cost saving by identifying duplicate charges and over charges
- Electronic archival of documents
- Automated Cost Allocation to appropriate cost centers
- Improved data analysis allows shipper to efficiently handle service providers and lanes