Invoice Audits and Payments
Studies show that bills of lading are incorrect 10% to 22% of the time. Those errors often result in overcharges when carriers are not rating a shipment according to the contract terms. E2open’s Audit and Settlement application automatically compares carrier invoices with existing contracts to instantly identify discrepancies before initiating payments. Eliminating overcharges is a money-saving opportunity shippers can’t do without.
Don’t Overpay on Carrier Invoices
Do you have the time and resources to manually check every invoice against the contract terms to find incorrect charges? Now you can automate reconciliation with a three-way match to ensure invoice accuracy before paying.
Gain accounting accuracy with peace of mind:
Store and maintain all contracts and amendments as business rules that are linked to carrier rules
Compare each bill of lading—charge by charge—with the exact record of the amount that should have been assessed
Instantly identify discrepancies and quickly submit issues to carriers for resolution
Facilitate electronic invoice transmission, feedback and resubmission
Set tolerances for the amount of deviation allowed for certain rates and surcharges
Free up time normally spent on manual line-by-line invoice reviews