Vee Technologies effectively enhances freight bill processing through state-of-the-art information management systems and dedicated operations teams. We convert manual freight bill processing to automated rating and EDI invoice submission, thereby providing your company with the efficiency and cost reductions associated with an aggressive EDI migration path.
Freight payments are complex transactions and processing those means allocating resources, funds, and personnel to handle the workload. A freight bill issued by a carrier sets forth the details of shipment and the terms of shipment. In freight bill processing, Vee Technologies offers services from receipt of the bill through payment in a manner consistent with your specific requirements. The process employs cost-efficient methods of gathering data, matching and then integrating the information to create valuable insights for decision making.
Freight Bill Processing Services
The entire freight bill process is done utilizing resourceful methods for data collection from you and your suppliers. The result, the gathered data arms you with the tools and information necessary to make educated decisions about how to effectively operate your business.
The freight bill of lading is scanned and saved on your server, we then access the images and perform data entry for the first level verification process which identifies and removes duplicates. Second level data indexing is then performed where the final file is then saved directly in your database.
The Auditing Process:
Freight bills indexed are compared through advanced billing software to verify the amount charged by the carrier.
- If there is a difference between the billed amount and the amount payable as per the contract, auditing is carried out to verify the difference.
- The billed amount is compared to your contractual obligation. We resolve the difference by recommending a corrected bill amount based upon the contracted rate.
- Freight bills which are above a specified amount and bills that incur accessorial charges above a predetermined percentage are audited for maximum accuracy.