Freight Bill Processing

Global Translogic provides freight bill processing for Fortune 500 companies. The key to our success is our ability to combine intelligence with technology thereby allowing us to accomplishing both efficiency and effectiveness. Our data entry, auditors and processors all have undergraduate degrees in accounting and finance. Global Translogic believes putting the right person on the right process with leading edge technology minimizes errors and oversights.

We save you time and money;

• Receive freight invoices
• Scan all paper bills and associated documents
• Pre-audit for rates, liability and service performance, duplicate billing
• Code and chargeback for non-compliant transactions
• Provide payment processing
• Furnish analytical tools that allow you to make more informed decisions

Receipt of Freight Invoices & Data
Upon approval Global Translogic receives electric and or paper invoices directly from your carriers or your account receivable department. We provide overnight courier services for paper invoices coming from your accounting department.

Scan all Paper Documents
All paper bills and associated documents are scanned and available to our clients on our Web site or on CD.

Pre-payment Audit
Our team verifies that carrier charges are accurate before each invoice is paid. Pre-payment audits eliminate carrier overcharges through the use of our extensive rate database. We can pay the invoices for you or provide an audited and approved payment file for you. Our process uses systems and processes combined with proprietary software to identify, document and recover carrier overcharges. We review every shipping invoice detail to detail. Most recovery opportunities are found in:

• Determining if the shipment is your liability to pay
• Correcting rate errors
• Collecting for service failures
• Eliminating duplicate billings
• Identifying inappropriate assessorial charges

Supplier Diversity Spend Capture and Reporting
We eliminate the time spent capturing your supplier diversity spend by contacting carries verifying MBE or WBE status, scanning certifications and reporting monthly their spend to your Supplier Diversity Department..

Payment & Allocation
Global Translogic simplifies your accounting procedures. You make only one payment to us for all of your freight expense, we then disburse funds to the appropriate carriers and provide you with accurate cost allocations that can be electronically imported into your general ledger system. We handle all payment inquiries through our dedicated call center. Carriers are paid on time and your funds are always secure.

Key Features

• Processing commitments available
• Pre-payment audit
• Shipper and Carrier portals
• Management reporting
• Automated & Call Center callback notification for missing documents
• Automated workflow including general ledger coding
• Duplicate payment protection
• Full EDI capabilities
• Payment by ACH, wire or credit card – in US or International currency
• Supplier Diversity spend capture, verifying and reporting

Benefits

• Reduce processing costs up to 60%
• Reduce transportation expenses up to 7%
• Improves business intelligence
• Improves financial control and Sarbanes-Oxley compliance
• Reduce invoice discrepancies and disputes
• Strengthens Shipper/Carrier relations
• Quick ROI and implementation
• Accomplish Supplier Diversity goal