At first, you may think auditing freight bills is as easy as comparing a quote or comparing the contracted rate to the actual freight bill. If the information is correct, no further work is needed. If the bill is incorrect, notify the carrier and get it fixed.

While this very generalized scenario may work in most cases, there are instances where it takes an experienced professional to resolve those “out of the ordinary” situations.
If you are seeking assistance with reconciling your freight bills, delegate the task to
TLI's shipping software.
Problem:
Shipper sets up a density based shipment as 1,133 lbs., class 85. The freight charges are $233.32
Solution:
Problem:
Client is charged a lift gate fee at the destination.
Solution:
Problem:
Carrier reweighs a shipment and provides a weight certificate at time of invoicing.
Solution:
Problem:
An invoice is received from the carrier with a commodity and/or class that has never been used before.
Solution:
Unfortunately, amidst the mounting pile of daily tasks, back office teams frequently neglect freight rate auditing. Numerous shipping companies opt to delegate the audit process to trusted
business process outsourcing (BPO) and technology firms.
The freight bill includes details such as the shipper's and receiver's names and contact information, zip code pair, a description of the goods being shipped, as well as the time and place the shipment will be delivered. Freight invoices may list additional charges, such as those for accessories.
At its core, "freight payment" means paying for transportation services. Essentially, a shipper pays a carrier to haul its freight.
When the carrier delivers the freight, they issue an invoice to the freight broker. The invoice undergoes validation to ensure accuracy and to verify that it hasn't been previously paid. Data from the invoice is retained for analysis. The payment amount is audited against the accessorial services used for verification.
Translogistics pays freight bills to the carriers for services rendered, and TLI runs the freight bill through our freight invoice audit software. TLI then sends out a consolidated invoice for all modes of transportation for all carriers. Some shippers partnered with TLI will pay the carriers directly, and TLI provides their account teams a weekly remittance.
Are you able to give the attention to detail needed to provide this higher level of auditing? Partnering with a Logistics Solutions Provider with a combination of their own highly trained Audit Department and technology may be a good solution for you.
For the latest insights, tips and commentary surrounding the logistics industry, look no further. Shippers will find thoughts from the award-winning team at Translogistics covering everything related to your transportation processes and plans. If you have a question we are readily available at marketing@tli.email
All Rights Reserved | TLI
All Rights Reserved | TLI