Freight Audit, Auditing & Payment
Highlights of our Sarbanes-Oxley Compliant Freight Audit includes:
- Superior freight payment services
- Maximum freight bill audit savings
- Reduced internal administrative expenses
- Extensive Internet reporting tools
- A wide variety of reporting formats
Freight Pre-Audit Service:
TCR's pre-audit solutions save you time and money because we:
- Receive all freight invoices
- Scan all paper bills and associated documents
- Pre-audit for rates, service performance and duplicate billing
- Code and chargeback for non-compliant transactions
- Furnish analytical tools that allow you to make more informed decisions
Freight Post-Audit Service:
TCR's post-audits provide the intelligence you need to control and reduce transportation expenses.
TCR performs an in-depth post-audit of your paid bills for motor, air and ocean freight. Our post-audit team reviews each transaction to insure that the billed amount is your freight liability that the carrier used the correct classification, and that freight and accessorial charges are in compliance with your contracted rates. Your bills are returned to you in the same order as they were received. Post-audits are completely risk-free, since all fees are contingency-based.
With the statute of limitations varying from six months to three years for erroneous charges on paid bills, TCR's auditors move quickly to thoroughly review invoices and bills of lading from your carriers to find:
- Rate errors
- Duplicate billing
- Commodity classification errors
- Accessorial charges
- Discount errors and more
Freight Management Reports:
Our advanced technology is built on years of experience. TCR collects the data needed to help control future shipping expenses and maximize efficiency. Our over 300 Standard and customized reporting capabilities offer you a variety of meaningful management reports based on data captured from freight bills and associated documents. This includes weekly processing reports, detailed analysis and optimization reports that can be directly accessed by a powerful, Web based query and reporting system with 24/7 access.
These valuable information management services can improve your internal processes by:
- Creating customized, ad-hoc and standard reports for analysis.
- Providing timely access to actionable information
- Reporting details of all accessorial and premium freight charges
- Highlighting opportunities for service type and mode shifts
- Identifying cost associated with dimensional charges
- Utilizing best practices industry benchmarks for comparison analysis
- Identifying and exploiting process improvement opportunities
TCR is a leader in the freight audit and freight bill payment industry.
TCR is a world leader in freight bill processing with more experience in this field than any other company. The key to our success and longevity is a time-tested process that combines proven techniques with leading edge technology.
We have made the commitment to the latest computer technology, carrier rating programs and information processing systems to perform the fastest, most accurate and most complete freight audit in the industry today.
TCR reduces our customer's freight charges by 3%-7% and eliminate $11.00 per bill for internal accounting cost.
TCR offers the industry's leading post-audit program through a highly-trained, experienced team of auditors.
Article excerpt : Freight invoices and freight auditing yield a motherlode of information that, handled correctly, can enable you to cut costs while improving transportation processes. Read the rest of the freight payment article from: Inbound Logistics
According to: Gartner, many companies rely on poor-quality data when making important business decisions. Don't let the quality of your company's freight payment data inadvertently lead you down the wrong road. Let a professional freight payment company collect your freight invoice data under the most stringent of practices.