Freight Audit and Payment
Why You Need A Freight Audit and Payment Solution
Automated Invoice Audits
Let your employees focus on more important things while our solution examines every invoice for billing errors, discrepancies, contract violations.
Guaranteed On-Time Payments
Don’t damage carrier relationships with late payments. We send payments on-time, every time, and according to your carrier contract.
Seamless Refund Recovery
Don’t leave money on the table. Our automated tool removes the risk of human error, uncovering more refund opportunities to save you money in a fraction of the time and cost.
Identify Cost-Effective Improvements
Our auditing program provides easily digestible data to help you make logistical improvements that improve service quality and negotiate with carriers who fall short.
The Freight Audit and Payment Process
Receive Invoice
Receive an invoice from a freight carrier or other partner.
Add to Online System
Add the invoice to your online system.
Audit Invoice
Audit the invoice. Check the rates, added charges, freight classification, additional services provided, and other details against your carrier contract to look for discrepancies.
Address Discrepancies
Address any exceptions or mistakes, then re-audit the invoice until it’s approved.
Process Payment
Process the payment and record it in your accounting system.
Confirm Payment Completion
Confirm the payment is complete and was accepted.
What’s Included In Zero Down’s FAP Solution
Analyze contract terms to ensure they meet your shipping needs and align with market rates.
Automatically allocate every expense based on your GL coding rules, extending to the SKU level as needed for detailed financial tracking.
Rigorously compare and reconcile carrier charges against expected amounts, with comprehensive reporting to identify and understand any discrepancies.
Multiple forms of data capture, including OCR scanning, increase data accuracy and integrity over manual entry.
Meticulously review each invoice to prevent costly billing errors, duplicate charges, and other discrepancies before processing payment.
Monitoring and analyzing operations to look for improvement opportunities that improve service levels, reduce shipping costs, and inform decisions about carrier management.
Automatically process payments on time and through the designated payment method to keep carriers happy and improve negotiating power.
Covering All Modes of Transportation
By Sea
Ocean freight is naturally complex, generally using multiple modes of transportation for a single shipment and incurring accessorial fees throughout transport.
Our solution organizes linked invoices to avoid duplicate charges, ensures shipments are being consolidated correctly, and increases visibility throughout the entire process.
By Road
Road freight is one of the most common modes of transport, but that doesn’t mean it’s easy.
We’ll help you secure favorable LTL and FTL rates, ensure service levels are fulfilled, and recover incorrect accessorial fees that come from deliveries.
By Rail
Rail freight is cost-effective, but it’s less flexible than other methods, so you need the right partner to avoid costly mistakes.
Our FAP solutions help effectively plan your shipment’s timing, ensure it has the capacity for your shipments, and monitor its progress to
By Air
Air freight can get costly without effective air rates and monitoring for unnecessary accessorial fees.
We constantly work to find the best rates to keep your costs down while ensuring your shipments arrive on time.
Why Should Zero Down Manage My Freight Audit and Payment?
Streamlined Operations
Bulletproof Financial Precision
Enhanced Visibility and Control
Case study
Case study title Why Should Zero Down Manage My Freight Audit and Payment?
Total Savings
7.2% to 5.6%
Cost Savings Potential
Parcel and Freight Carriers
Testimonials
What our
clients say
FAQs
The insights gained from auditing even uncover valuable insights into improvements you can make to your shipping process.
You can also enjoy peace of mind knowing that every mistake and error will be identified, fixed, and recovered to keep your costs down. Our payment solutions will also keep your carriers happy so you can benefit from consistent, reliable service quality that creates high-quality customer experiences.