FREIGHT SETTLEMENT

Automatic freight settlement at your fingertips

Optimize your transport settlements and invoice verification with centralized communication between shipper and carrier after the transport has been executed. The automated data exchange makes it easy to coordinate the documentation at every step and quickly and transparently processes shipping invoice data while taking contracted freight rates into account.

Optimize your transport settlements and invoice verification with centralized communication between shipper and carrier after the transport has been executed. The automated data exchange makes it easy to coordinate the documentation at every step and quickly and transparently processes shipping invoice data while taking contracted freight rates into account. 

BENEFITS

Benefits for your business

Don't settle for anything less.

FREIGHT SETTLEMENT

Save Time

Save Time
  • Reconciliation of all invoice items between shipper and transport service provider before invoicing avoids incorrect invoices.

FREIGHT SETTLEMENT

Complete Overview

Complete Overview
  • All accounting data are completely displayed. You always retain an overview.

FREIGHT SETTLEMENT

Fully Digital

Fully Digital
  • Digital invoice verification and communication minimise the manual effort for shippers and carriers.

Facts and figures

30
%
cut in waiting times
30000
hours per year saved by faster throughput

Primary features

Central communication platform

Automatically compares individual invoice items with data from Transport Assignment, including contracted rates and surcharges.

Standardized process

Clear communication without language barriers due to predefined input and mandatory fields.

Automatic data transfer

Information from Transport Assignment and Execution is automatically transmitted.

Transparent release process

Invoice release with comprehensive documentation, including rejection reasons and comments.

Complete documentation

All information is centrally stored and each step is traceable through change history.

Reconciliation before invoicing

Quantities and prices of individual invoice items are compared and clarified before the invoice is released.

Automatic invoice comparison

Generate individual invoice items with data from Transport Assignment, including contracted rates and surcharges.

Automatically compares individual invoice items with data from Transport Assignment, including contracted rates and surcharges.

Clear communication without language barriers due to predefined input and mandatory fields.

Information from Transport Assignment and Execution is automatically transmitted.

Invoice release with comprehensive documentation, including rejection reasons and comments.

All information is centrally stored and each step is traceable through change history.

Quantities and prices of individual invoice items are compared and clarified before the invoice is released.

Generate individual invoice items with data from Transport Assignment, including contracted rates and surcharges.

TRANSPORTATION PULSE REPORT 2023

Building a Better Tomorrow in Transportation

Based on views and experiences contributed by hundreds of industry leaders from around the world, the report delivers a year-on-year snapshot of desired outcomes for transportation processes.

PRODUCTS

Explore more of our digital freight solutions

Together our products work in harmony to increase transport efficiency along the full lifecycle of freight activities.

Transport Execution Hub

Surcharge Management

Surcharge Management
  • all events are categorized
  • extra costs are managed with a click
  • implementation into an ERP system is possible
  • shipment information is saved to the ERP system automatically 
  • Surcharge Management is designed to ensure compliant user behavior

Transport Execution Hub

Rate Management

Rate Management
  • All freight rates and freight contracts in one centralized database.
  • Rate query engine factors in multiple currencies, surcharges and total chargeable cost per available carrier.
  • Optimization of inquiry processes and better usage of internal resources.
  • Fully integrated process of assigning transports and management of rates in an organization.
  • Centralized interfaces and import/export functions.

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