Freight Audit and Payment Solutions for Shippers Workflow

Freight Audit and Payment Solutions for Shippers

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The Freight Audit and Payment Solutions process for Shippers involves several key steps to ensure accurate payment of freight charges. The process begins with the receipt of freight invoices from carriers, followed by a thorough review of each invoice to identify discrepancies and errors. Next, auditors use specialized software to verify freight costs against the shipper's contract rates, identifying overcharges or underpayments. The process also includes the ability to negotiate with carriers on behalf of shippers, resolving any disputes and ensuring timely payment. Finally, audited invoices are paid to the carrier through electronic fund transfer or other secure methods. This streamlined process provides shippers with a single point of contact for all freight-related matters, reducing administrative burdens and improving cash flow. The end result is increased efficiency, reduced costs, and improved relationships between shippers and carriers.