AUDIT & PAYABLES
Our global freight bill audit system allows managers to take the mystery out of their payment process.
Freight bill audit and payment is a core competency of M33. Our experienced analysts work with you to implement a complex auditing process that offers the following benefits:
Audit Process
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100% audit of carrier invoices of all modes against agreed contracts
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Accuracy of each invoice verified – rate, accessorial charges, fuel surcharge, etc…
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Payment liability – is freight invoice billing to appropriate party?
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Notification & resolution of billing discrepancies with the carriers prior to payment
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Both paper and electronic invoices accommodated
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Freight accrual reporting
Automated Audit
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Carrier pricing agreements programmed (rates, discounts, accessorial charges, fuel surcharges)
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Invoices are then systematically compared to the pricing agreement
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When a discrepancy occurs between the invoiced amount and the rated amount, the load is reviewed by an auditor to resolve
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Carriers are contacted on invoice adjustments prior to payment.
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Our online carrier portal provides the carrier visibility of invoices throughout the audit process.
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Our scanning system allows for paper invoices in addition to the EDI feeds to be rated systematically
This process, combined with our Post-Audit System, gives our clients the tools and expertise they need to manage their business more effectively. |
