Freight Cost Management: Quick win through digitization
Freight invoicing errors are a source of huge additional costs. An average of eight percent of freight invoices contain errors. But do you really have the time to scrutinize every last line item of the charges billed by your freight provider? Freight Cost Management solves this problem by efficiently checking all your freight invoices at the click of a mouse and identifying any overbilling.
From EUR 365 / month
Calculate freight costs based on freight agreements
Weight- and volume-based tariffs, distance scales, flat rates, surcharges: Freight Cost Management can store nearly any freight agreement you have in place with your carriers, then use this data to calculate the actual freight costs for your invoice control.
Automatically detect invoice differences – down to the line item level
Freight invoices may have 100 line items or more covering various periods of time. Checking each one of these line items manually is incredibly time-consuming. That’s why Freight Cost Management automatically compares the services billed by the provider to the amounts calculated by the system based on the shipments actually received and the agreed terms. Shipment for shipment, item for item.
You decide for yourself how Freight Cost Management should respond to differences: Pay the small discrepancies, reject the invoice, or ask the transport partner to issue a credit.
Easily issue credits – and delegate responsibility for monitoring
Some companies already take exactly this approach: Instead of going to all the trouble of checking freight invoices, they simply issue credits to their transport service providers. Freight Cost Management supports this type of billing – based strictly on agreements with providers.
Winning team: working together with financial accounting systems
To ensure utmost transparency, you have the option to allocate individual freight invoice line items to the appropriate cost centers. Even if you’re forwarding freight to your own customers, Freight Cost Management can still provide support based on the agreement in place.
Everything okay with the carrier invoice? If so, Freight Cost Management forwards the data directly to your financial accounting system.
Trust but verify – through Freight Cost Management
Who do you have transporting what to where and at what cost? Freight Cost Management is always watching, so it knows the answers to these questions:
The integrated business intelligence and statistics features lets you run structural analyses.
Digitize time-consuming processes and leverage potential
Manually checking freight costs means investing considerable time and human resources. Not checking means relinquishing control of your freight costs. You can’t afford either option. The solution is to systematically digitize the checking process – reaching your goals while expending minimal resources. There’s no easier way to earn money.
Customers already mastering their Freight Cost Management with AEB software
Clear and simple: our cloud solution pricing models
Basic
From EUR 365/month
plus setup fee
5.000 consignments/year
EUR 0,39 for each additional consignment
- Basic features
- Reporting & Analytics*
- Archiving*
* Price on request
Business
From EUR 1.095/month
plus setup fee
50.000 consignments/year
EUR 0,12 for each additional consignment
- Basic features
- Automated Invoice Auditing
- Reporting & Analytics*
- Archiving*
* Price on request
Enterprise
From EUR 3.285/month
plus setup fee
500.000 consignments/year
EUR 0,08 for each additional consignment
- Basic features
- Automated Invoice Auditing
- Reporting & Analytics*
- Archiving*
* Price on request
Request an individual, non-binding quote
Questions?
We have an agreement with our carrier to consolidate the billing of all shipments on the same day to the same consignee. Is that possible with Freight Cost Management?
Freight Cost Management lets you automatically consolidate the billing for bundled transports according to your specifications – such as all shipments on the same day to the same consignee. The shipments are combined for the purposes of price calculation. Prices are then calculated on the basis of the consolidated shipments. If you then want to have individual prices for the original shipments, you can define how the total price should be divided up among the individual shipments.
How do the freight tariffs get into the system?
Freight Cost Management lets you easily import freight tariffs in file formats such as CSV. In addition to the fee tables, a wizard also helps you easily import area zones, which are often required in freight tariffs. You can import the freight tariffs yourself or have AEB integrate them into your system as a service.
Which types of freight costs can Freight Cost Management calculate?
Freight costs almost always consist of several components calculated in completely different ways. Freight Cost Management provides different options for saving or calculating prices. Examples:
- Simple fixed prices
- Different types of fee scales
- Percentage-based surcharges on other fees
- Freely programmable rules
Freight costs can vary based on completely different factors, including chargeable weight, volume, country of departure or destination, postal code, number and type of packages, distance, Incoterm, or value of goods. Freight Cost Management can easily model price agreements based on these or other factors. You have access to a large number of standard values, which you can extend as needed.
Torsten Mallée
Director International Business Development
"Incorrect freight costs can get very costly for a company. And trying to manually monitor and control freight costs, too. Automating the process holds great value for businesses – from carrier selection and transport simulation to invoice control and freight cost re-allocation."