Freight Invoice Management

Freight auditing services have emerged as an essential tool for shippers to ensure they are being charged correctly for transportation services. Invoice auditing is a complicated process, requiring a deep understanding of the freight billing process, carrier contracts, and regulatory requirements. Logistics solutions provider, Translogistics, offers a Freight Invoice Auditing Service, also called Audit as a service (AAAS), which can significantly benefit manufacturers and distributors.

Freight invoice auditing services are designed to verify that shippers are paying the correct amount for transportation services. With the rise of digital invoicing, invoice auditing has become more complex, as electronic invoices can include hundreds of different charges. An invoice auditor will review each freight invoice and compare it against the bill of lading entry to ensure that the charges are accurate, that the rates and surcharges are consistent with the carrier contract, and that the shipment's weight and classification are correct.

Translogistics' Freight Invoice Auditing Service has been designed to help shippers mitigate the risk of overpaying for transportation services. The service provides a team of experienced auditors who will review each invoice for accuracy, ensuring that all charges are correct, and that the carrier is applying the correct contract. The service also includes reweighs and disputes of reclassifications of freight based on the NMFC code. If a carrier applies the wrong contract pricing, Translogistics' Freight Invoice Audit Software will identify and correct it, saving shippers significant amounts of money. Manufacturing and distributing companies can benefit from Translogistics'

Freight Invoice Auditing Service in several ways:

1) Reduced Costs: The freight invoice audit service can help reduce transportation costs by identifying and disputing incorrect LTL carrier charges, such as weight or classification errors, that may result in overpayment. along with truckload carrier charges such as excessive detention mileage, or fuel surcharge disputes.

2) Reporting: The freight audit service provides shippers with detailed reports on transportation costs, allowing them to identify areas where they can reduce costs further. This information can be used to negotiate better carrier contracts, select more cost-effective modes of transportation, or even adjust packaging to reduce shipping costs.

3) Time Management: Translogistics' Freight Invoice Auditing Service can save shippers time by managing the entire invoice auditing process. The service's team of experienced auditors will handle all aspects of the audit, including carrier communication, payment verification, and disputes, freeing up shippers' time to focus on core business activities.

In conclusion, Translogistics' Freight Invoice Auditing Service is an essential tool for shippers looking to mitigate the risk of overpaying for transportation services. The service offers detailed invoice auditing, dispute resolution, and carrier contract management, which can significantly reduce transportation costs for manufacturers and distributors. With the ever-increasing complexity of freight billing, shippers can benefit from partnering with a logistics solutions provider like Translogistics, which has the expertise and experience required to ensure accurate and efficient freight invoice auditing.