Our freight audit and payment system enables you to leverage the freight audit and payment process to gain the transportation data you need to make your supply chain a true competitive advantage.
Data is the bedrock of totals transportation spend management. If you lack business intelligence regarding your transportation spend, or your information is inaccurate, you will miss valuable insights into your supply chain.
TranzAct's freight audit & payment solution has been successfully employed by hundreds of shippers to pay carriers the correct amount and pay only once. Our accuracy in processing allows us to deliver information that will help you optimize your supply chain.
Unlike many freight audit and freight payment services, you are 100% in control of your company’s funds. TranzAct pioneered methods for clients' freight bills to be paid without float.
All freight documents are scanned and available for secure, online viewing 24/7. For accurate tracking and prompt resolution, a log of communications between you, the carrier and TranzAct, is automatically created. Essential security features let you determine what data is collected, how it is reported and who has access.
Comprehensive EDI capabilities streamline information flow, eliminate paperwork, and drastically reduce bills being sent to resolution. Scanned invoices are provided digitally and can be automatically acquired via API.
Financial institutions provide freight payment services, but are not focused on the transportation industry. They do not have the carrier relationships that we do. Instead of working closely with you carriers, they will charge your carriers fees for "quick payments." Where do carriers find the money to pay those fees? The pass them along to you in the form of higher LTL and truckload rates.
Our freight payment reporting tools includes complete month-end and year-end freight accounting data, with accurate freight accruals. Reports can be generated based on time intervals, triggered by events, or on an ad hoc basis. The visual nature of our Telescope Reporting Tool will allow you to easily identify trends and outliers in your transportation activity at a high level, while also allowing you to drill down into the detail as you desire. All reports can be exported into common formats such as XML, Excel or PDF for effortless sharing of crucial data, and our analytical tools will even convert to multiple currencies your global efforts.
We make it easy for our clients to get up and running. The advanced features and capabilities built into our system are the result of feedback from our customers and carriers combined with decades of experience.
All TranzAct applications integrate fully with one another as well as with any existing ERP system. This eliminates time-consuming, costly implementation and ensures speed to business results as well as peak performance 24/7.
We adjust our rates based on who is paying the shipper’s bills. Fast payers’
clients enjoy discounts that slow or float payers do not receive.
- National Carrier Executive