Freight Payment by TCR
Leaving your logistics & freight audits up the the carrier's billing systems is akin to playing Russian roulette with your profitability.
TCR's freight payment services provide corporations an outsourced method to reduce and control their transportation expenses.
Our services seek to provide strategic impacts to companies through providing needed process improvements, management information, cost reductions and improving customer service. Our goal is to not just duplicate existing systems but to provide enhancements to the freight processing system that will help to maximize a client's supply chain efficiency.
TCR is the leader in providing customized processing that meets not only transportation & logistics needs, but also accounting. Highlights of our Sarbanes-Oxley Compliant Freight Payment include:
- Global, Single-Source Freight Payment Solution
- Processing and Reporting of International taxes such as VAT and GST
- On-demand closings
- Document Imaging of all Invoices
- Extensive Data Capture (120 data elements)
- Complex General Ledger Account Allocation
- Accurate Accrual Reporting
- Allocation of Freight Charges at Product Level
- Unsurpassed Financial Stability
- Positive Return on Investment
- On-line Resolution for Customer and Carrier Exceptions
- Multi-Currency Payment Options
- Non-commingled Payments
By using a qualified freight payment provider's advanced logistics & freight audit technology and proprietary freight auditing software, methods & systems, you will give your company the freedom and flexibility of managing your traffic department how you want, when you want.
Complicated supply chains layouts and the necessity of focusing resources on your primary business tasks often call for full outsourcing of core freight management functions.
Freight Payment Services
Reduced Processing Expenses - Freight invoice processing is one of the most time consuming, expensive and confusing of the payables process. With TCR performing the payment and reporting function you can significantly reduce these expenses. How much does it cost to pay a freight bill?
Reduction of Overcharges - TCR' freight payment service provides protection against duplicate billings and incorrect freight rates.
Management Information - The customized information system provided by TCR can further reduce your transportation expense by 10% to 15%. TCR' provides carrier usage information, customer and traffic lane information, as well as accounting and accrual information. Your reports and data will be available over the Internet via our TCR's website secure Log In.
Cash Management - TCR processes invoices daily and cycle's payments to your carriers according to your schedules. Most payments are issued via Electronic Funds transfer. Our processing cycle insures timely payment to your carriers making sure that payments are not made too early, or too late.