Freight Invoice Processing

Accord innovations, state-of-the-art information management systems, and dedicated operations teams provide the foundation to significantly enhance your Freight Invoice processes.

Accord provides the infrastructure for our clients to convert manual Freight Invoice processing to automated rating and EDI invoice submission.

Accord has the resources and technology in place to bring your company the efficiency and cost reductions associated with an aggressive EDI migration path.

Freight payments are complex transactions and processing those means allocation of resources, funds and personnel. A Freight Invoice issued by a carrier sets forth the details of shipment and the terms of shipment.

In Freight Invoice processing, Accord offers processing services from receipts of the bill to their payments in a manner consistent with the requirements of the client. The process employs cost efficient methods in gathering the data from the clients and the supplier, the data generated is matched and integrated to created valuable information for decision making.

A Freight Invoice issued by a carrier sets forth the details of shipment and the terms of shipment.

Accord process Freight Invoices:

§  By capturing details viz. Freight Invoice, date of shipment, weight, pallets and pieces, shipper and consignee particulars etc.

§  Reports and Analyses are generated

§  Adjudication of Freight Invoices

§  Payment Settling

What is a Freight Invoice?

A shipment carrier issues a Freight Invoice, which contains the details of shipment and the terms of shipment. The details included in a standard Freight Invoice are:

§  Description of the freight

§  Weight

§  Charges

§  Rate for charges

§  Terms of the shipment

Freight Invoice Processing Services

Accord's all-inclusive Freight Invoice processing services range from receipts of the bill to their payments, in accordance with the requirements of the client. The entire process is done using resourceful methods for data collection from the clients and the suppliers, and advanced in-house software. The resultant output is used to create the necessary information for the client's decision making processes.

The services provided at Accord help in forming the groundwork data, which is subsequently used by our clients to convert manual Freight Invoice processing to automated rating and EDI invoice submission.

We have the infrastructure and technology primed to give your company the efficiency associated with an aggressive EDI migration path.

How is a Freight Invoice Processed at Accord?

Data Entry Process

§  The freight invoices are scanned and saved on the client's server.

§  The scanned bills are accessed by Accord through the software provided by the client.

§  Processors from our expert data entry teams access these images, each using an individual user ID and password to log in to the client server, and to begin the data entry process.

§  The process involves dual keying of the bills.

§  In the first entry, 9-10 critical fields are keyed (termed as Indexing).

§  In the second entry, about 30 to 45 fields varying according to the individual client's requirements are keyed.

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