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FREIGHT BILL AUDIT & PAY

Verify freight costs, control spend and leverage data driven metrics for improved visibility.

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Automatically Reconcile Your Freight Invoices

VERIFY FREIGHT COSTS, CONTROL SPEND AND LEVERAGE DATA DRIVEN METRICS FOR IMPROVED VISIBILITY

To reduce overhead and improve cost reduction, more and more organizations have strategically decided to audit their freight invoices in-house. QAD Precision Freight Bill Audit and Pay makes reconciling your shipping operations easy and efficient. Through smart automation, you will be directed to shipments that exceed your predetermined threshold to evaluate the parameters or conditions that drove the alert, for example package weight variance or unexpected assessorial fees.

Parcel auditing and freight cost verification solutions provide the analytics and expertise to give shippers an edge. In the past, many companies outsourced freight auditing. By moving this function in-house, companies gain more visibility and control over their shipping spend. A robust freight audit system can help you identify consolidation opportunities, cut unnecessary freight and trim costs by making smarter transportation decisions. Freight auditing is an integral part of managing supply chain costs and provides an analytical, financial review of invoiced costs versus supplier agreements. Companies that process a high volume of freight transportation bills and invoices without auditing them for accuracy are likely overpaying a significant amount of money without knowing it.

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KEY FEATURES OF QAD PRECISION FREIGHT BILL AUDIT AND PAY

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Shipment cost extract and upload
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Invoice file upload and manual invoice entry
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Invoice matching, review and approval
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Payment approval
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Reporting

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Improve Your Position For Carrier Dispute Resolution

INFORMATION IS POWER

Sifting through a vast amount of shipping data is time-consuming and costly, particularly for high volume package shippers. QAD Precision's freight auditing and payment services allow you to focus your energy on issue resolution by giving you the information you need. With QAD Precision Freight Bill Audit and Pay, you have the flexibility to process multiple actions driven by your contract strategy, whether self-billing or carrier-mandated.

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Strengthen Your Freight Contract Negotiations

MAXIMIZE RETURN ON LOGISTICS SPEND

Without having proper shipping, tracking and invoice data, shippers are at a disadvantage. The QAD Precision solution consolidates all of the shipping data and provides insights into critical key performance indicators, such as on time versus late deliveries and contract versus billed rates. The data generated is often the only way organizations can gain a single, detailed view of their freight spending, resulting in complete visibility into their transportation operations.

This allows companies to undertake processes such as supply chain planning, route optimization and carrier rate negotiation based on fully vetted data. QAD Precision Freight Bill Audit and Pay allows your company to maximize the return on logistics spend through financial review and analytical reporting. Our payment auditing and reporting tools help ensure data integrity and improve your supply chain decisions.

Asset Publisher

Asset Publisher

QAD Precision Report

Access News and Insights

Freight Bill Audit and Payment — Why Outsourcing May Not Be What’s Best For Your Organization

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EXPORT COMPLIANCE IS NOT ENOUGH: INTEGRATED SHIPPING SOLUTIONS FOR UNIVERSITIES

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Why You Need to Audit Parcel Shipping Spend

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Why QAD Precision?

FREIGHT COST VERIFICATION MADE EASY

QAD Precision Freight Bill Audit and Pay is used by high volume, high value and time-sensitive global shippers. QAD Precision's customers span multiple industries including banking and finance, life sciences, high technology, retail, industrial, automotive, higher education and public sector as well as logistics providers.

To find out how QAD Precision parcel auditing solution can serve your organization, schedule a consultation today.

Interested In Precision?

INTERESTED IN QAD PRECISION?
Harness a global carrier network, master global trade management and stay permanently proactive with QAD Precision. Call +1 312 239 1630 or contact us here.