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 USD 143/month

Automatic calculation of freight costs based on freight agreements

Automatic detection of invoice differences – down to the line item level

Credits made easy, with responsibility for monitoring delegated to provider

Easy handoff to financial accounting system with allocation to cost centers

Option for structural cost analyses through extensive statistics

Digitization of time-consuming processes, quick leveraging of potential

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.

Calculate freight costs based on freight agreements
Calculate freight costs based on freight agreements
Automatically detect invoice differences – down to the line item level
Automatically detect invoice differences – down to the line item level

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.

Easily issue credits – and delegate responsibility for monitoring
Easily issue credits – and delegate responsibility for monitoring
Winning team: working together with financial accounting systems
Winning team: working together with financial accounting systems

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.

Trust but verify – through Freight Cost Management
Trust but verify – through Freight Cost Management
Digitize time-consuming processes and leverage potential
Digitize time-consuming processes and leverage potential

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.

Clear and simple: our cloud solution pricing models

Basic features of Freight Cost Management

  • Comprehensive tariff modeling
  • Overview of payable freight costs
  • Automatic invoice verification or credit issues
  • Handoff to financial account systems and cost centers
  • Business intelligence and archive feature

Basic

From USD 143/month

plus setup fee

Includes:
1,000 shipments/year
3 users
Basic features

Options*:
Additional shipments
(USD 1.09/each)

     * Not included in monthly fee

    Business

    From USD 553/month

    plus setup fee

    Includes:
    10,000 shipments/year
    10 users
    Basic features

    Options*:
    Additional shipments
    (USD 0.62/each)

       * Not included in monthly fee

      Enterprise

      From USD 2,867/month

      plus setup fee

      Includes:
      100,000 shipments/year
      25 users
      Basic features

      Options*:
      Additional shipments
      (USD 0.34/each)

         * Not included in monthly fee

        Don’t see the right model for you? On-premise solution preferred? Contact us – we’ll design a solution to fit your unique needs. 

        Six good reasons for Freight Cost Management

        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.

        Customers who use Freight Cost Management also use the following AEB products:

        Billing


        Product details >

        Warehouse Management


        Product details >

        Shipping


        Product details >


        More products in the area of

        Transport & Freight Management

        Customers already mastering their transport & freight management with AEB software

        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.

        Teck Haw Chua
        Product expert
        "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."
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