Auditing Solutions for Parcel and Freight 

Automated Rate Reconciliation

This feature allows reconciliation of estimated shipment costs with actual billed carrier costs. This includes all known discounts or other incentives, whether based on rolling 52-week volumes, accessorial charges, etc. You'll quickly identify unnecessary shipping costs, such as:

Interface with Accounting Systems

As an option, ShipAudit can directly interface with Accounts Payable systems, ensuring seamless reconciliation and payment processing. All bill-related data, including internal audit findings, is automatically transferred, so only approved charges are paid. This integration enhances accuracy, streamlines auditing, and prevents overpayments.

Additional ShipAudit Features:

For ShipSoft™ Freight users, FreightAudit is a powerful solution designed to automate and streamline the freight bill auditing process. It reconciles estimated and actual carrier costs across LTL, truckload, and rail shipments, ensuring accurate billing and cost control. By comparing invoices against pre-negotiated rates, tariffs, accessorial charges, and incentives, FreightAudit identifies discrepancies, preventing overpayments and costly errors.

Bills within user-defined tolerances are automatically approved, while exceptions are flagged for review, short-paid, or rejected—eliminating manual audits and reducing administrative costs. FreightAudit also helps businesses track freight cost trends, meet carrier claim and dispute deadlines, and avoid reliance on expensive third-party auditors. With end-to-end automation, it delivers greater financial control and operational efficiency for freight shippers, saving time and money.

Key Freight Audit Features

Automates Freight Bill Audit Process

FreightAudit compares the freight carriers’ actual freight invoices with pre-negotiated rates, anticipated costs generated at the time of shipment, and discounts stored in the system. FreightAudit ensures that all tariffs, accessorial charges and incentives are correctly applied.

Sophisticated Product Cost Allocation

FreightAudit automatically allocates freight costs to order, product, product group, or business unit. FreightAudit enables partial or complete costs to be assigned to customers, products, or any other account automatically, providing management with an accurate view of actual expenses for more precise cost analysis.

Electronic Data Interchange (EDI) Compatibility

FreightAudit receives freight bill data electronically from carriers via EDI (210). This eliminates manual data entry errors, expedites the freight bill audit process, and reduces billing cycle time.

Analysis and Management Decision Support

FreightAudit automates the aging and allocation of freight bills to financial accounts. Furthermore, FreightAudit’s reporting tools provide details to quickly and easily file claims and resolve outstanding issues with your carriers.

Integrates with Accounting Systems

FreightAudit can be directly interfaced to Accounts Payable systems, allowing unique accounting rules to be applied. All bill-related information automatically passes through to the Accounts Payable system for reconciliation and payment processing.

Additional FreightAudit Features

Benefits of FreightAudit