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.
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.
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.
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.
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.
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.
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.
Save huge amounts of time on invoice verification.
Bring complete transparency to terms and conditions, tariffs, and freight costs.
Lower freight costs by eliminating billing errors.
Automate cost center allocation and transmit just the right data to your financial accounting system.
Accumulate freight cost statistics for better leverage in future negotiations.
Simplify the transfer of freight costs to customers.
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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.
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.
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:
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.