Freight Audit and Payment

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Tired of freight invoice discrepancies that cost you time and money? Sheer Logistics makes sure your freight bills are on time and accurate.

Freight Audit and Payment Correction Verify Your Freight Bills for Accuracy

A successful supply chain is also an accurate one. Anything that is done at a high frequency is more likely to be incorrect—it’s a simple law of averages. Shipping and your supply chain are areas where inaccuracies and overcharges can slip under the radar, and if not acted upon and corrected, can cost your business. Sheer Logistics not only automates this process but also acts as your advocate to negotiate refunds and correct invoicing errors for future billing. 

“What companies like ours care about is accountability, accuracy, and completeness—and Sheer displays that.”

– Director of Logistics and Transportation for a Sheer client

Outsourced freight audit and payment takes a look at both ends of shipping, from loading dock to destination, to root out errors and lower freight costs for shippers, customers, and carriers alike. Too often, companies rely on accounting and logistics teams to work together to find and mitigate freight errors, but for businesses with large freight demands, this is more work for even large businesses. Freight bill audits, done by a professional third party, make sure actual services match what was billed and agreed upon and these errors are corrected. This is an important service that Sheer provides for our managed clients. Your business is too busy to follow audits and remediate these claims. We serve as your shipping advocate, and when your supply chain is riddled with errors and inaccuracies, we are here to fix the errors and modernize your shipping processes.

What Is the Freight Audit Process?

A freight audit and payment is a process where freight bills are examined, adjusted, and verified for accuracy. This can be an internal event with the goal of examining a certain period of time or invoices from a particular carrier, or it can be an ongoing process. All variables such as mileage, shipping weights, bills of lading, tracking numbers, discounts, and contracted prices are verified. The singular goal of any freight audit is to ensure that shipping charges match what was quoted at the time of shipment. Sheer Logistics can help you get to the root of these shipping issues.

How Is Freight Bill Payment Optimized?

Freight payment is, in some ways, an accounts payable service for a narrow classification of invoices, namely freight invoices and transportation costs. While the normal issues facing freight spend—such as reducing expenses and maximizing efficiency—haven’t changed, new technologies and TMS applications offer new ways to maximize these functions. At the very root, data intelligence pays bills on time, but more importantly, it ensures they are being paid accurately.

Solve the Puzzle With Sheer Logistics

An efficient supply chain that actively seeks inaccuracies and lowers shipping costs never happens by accident. The key element is a logistics company with the knowledge and technology to develop a logical, modern freight audit and payment system that unearths valuable insights and enables better decision making.

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Freight Audits Are the Beginning of a New Breed of Data Intelligence

Over the years, we have noticed that our customers are becoming more sophisticated and in tune with how data can give them insight into their transportation spending and effectiveness. Sheer Logistics is the perfect partner for these types of clients. Our transportation management solutions double as analytical tools that allow our clients to better manage their supply chains regardless of how complicated or distant they are. Our solutions go way beyond traditional fulfillment services. We deliver the business intelligence you need to make better informed strategic decisions.

How does freight management make your company better? Our complete guide to freight management is your introduction to what an experienced logistics provider can deliver, including lower costs, intelligent shipping, and flexible supply chains that support your entire organization. Periodic audits are an important element of any sound freight management strategy.

Dock worker using tablet for freight audit and payment

An Outsourced Freight Audit Discovers Common Errors

When discrepancies are found, they need to be remediated. This solves the current issue, but each error can be an indication of a deeper problem. When we do freight audits, variances in freight charges can be found in some key areas:

Shipper inaccuracy – No matter how automated your supply chain processes are, there is always a human element, and without proper checks, shippers can make mistakes.

Detention – These are penalty fees carriers charge when the shipper delays pick up beyond an allotted time frame.

Accessorial charges – These are fees charged when a carrier performs freight services beyond normal pickup and delivery.

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