AuditPay Service

AuditPay is a freight bill pre-audit and payment service offered by CT Logistics, a leader in third-party transportation management, freight bill audit and payment services. This freight bill processing system revolves around the original freight invoice received from the customer or carrier and processed according to specific customer requirements and needs.

AuditPay is ideal for shippers or consignees of any kind of freight including retail, manufacturing or distribution. Using the resources of FreitRater, our robust rating software, AuditPay provides customers with an average return on investment of more than 10 times service fees.

Features

• ACCURACY Using the resources of FreitRater, an internally developed software system with an enormous database of rates and tariffs, AuditPay analyzes freight bills for appropriate product classification and rate calculation.
• SPEED AuditPay provides fast on-line rating of all carrier freight bills with sub-second response time.
• FLEXIBILITY AuditPay calculates the accuracy of invoices based on bureau carrier rates or on any combination of negotiated or contract rates established between carrier and shipper.
• MANAGEMENT INFORMATION AuditPay provides a variety of management reports to fit customer needs. Customers can choose standard reports, data on diskette, or produce ad hoc reports from CT Logistics' proprietary FreitWriter/pc report generator.

Benefits

• COST SAVINGS In addition to freight bill audit savings, CT Logistics' AuditPay service eliminates the need for extensive, and often inaccurate, internal accounts payable processing and associated overhead.
• RATE DISCOUNTS Through CT Logistics' TranSaver/AirSaver program, participating customers take advantage of extensive buying power resulting in premium discounts on LTL and airfreight shipments.
• IMPROVED CARRIER RELATIONS AuditPay helps maintain customer relations with carriers on the best possible basis by issuing checks in a timely manner. The remittance statement that accompanies each payment itemizes each invoice number and shows proper tariff or contract authority for all reductions in payment.

Customer Profile

AuditPay services are ideal for all shippers. AuditPay's rate database is configured to support each customer's shipment activity. To control the level of shipping costs, AuditPay provides features which optimize customer service for the shipper while delivering management information for effective cost containment and planning.