Freight Invoice Audit and Settlement: Don't Overpay - e2open

Save money by automating your freight invoice audits and payments

Take the complexity out of carrier contracts and lower your overall logistics costs. By using e2open Audit and Settlement to automatically compare carrier invoices with existing contracts and identify discrepancies before you pay, you can avoid carrier overpayments.

Carrier contracts are complex

Manual processes lead to unnecessary errors and unwanted costs

Shippers often mistakenly overpay their carriers. However, the process of manually comparing shipping invoices against contracted rates and services rendered isn’t just tedious, it’s an error-prone process that adds extra time and costs.

Save time and money by automating the process

Save time and reduce overall logistics costs by automating the audit and review process to quickly identify discrepancies before you pay.

Digitally store contracts and amendments

Digitize and track your contracts and amendments as business rules that are linked to carrier rules.

Instantly identify discrepancies

Compare each bill of lading and automatically submit billing errors to carriers for resolution.

Set tolerances for deviation

Establish deviation limits for certain rates and surcharges, and automatically know when they’re exceeded.

Easily compare each bill of lading

Automation lets you compare charge by charge with the exact record with the correct assessed amount.

Pay invoices electronically

Submit payment on time and automatically with internal or external payment processing platforms.

Free up time

By cutting down on manual line-by-line invoice reviews, you can deploy resources towards high-impact projects.

Resources

Solution Briefs*End-to-End Logistics Management that Optimizes Costs and Delivers Better Customer Service*\Logistics service providers (LSPs) manage sophisticated requirements for multiple clients while controlling costs in a highly competitive market. Effective transportation and warehouse resource utilization is critical to success. With e2open Transportation Management, LSPs\Read More

Ebooks*Are We There Yet? Realistic ETAs for Goods on the Move*\Check out this ebook to see how predictive estimated times of arrival (ETAs) can build on your in-transit visibility capabilities to provide the granular-level arrival time estimates that are essential for mitigating supply chain disruptions.\Read More

Data Sheets*Audit and Settlement*\Transportation contributes around 15% of the cost of goods sold, and the customer demand for faster service with lower prices is growing. You can help keep costs down by negotiating agreeable rates with preferred carriers, but preferential contacts are too complex and time-consuming to review for every invoice.\Read More

Data Sheets*Global Parcel*\Shippers invest extensive resources in managing the complexities of carrier compliance, including creating accurate documentation for crossing borders and transporting dangerous goods. As high volumes impact carrier capacity, the answer lies in an efficient solution for managing costs and complexity.\Read More

Reduce logistics costs

By identifying shipping discrepancies before payment

Increase productivity

By eliminating manual invoice reviews

Improve carrier relationships

With automatic, on-time electronic invoice payments

Testimonials

"The complexity of our business and operating our supply chain is increasing as we see significant growth and diversity of our business across the globe. We’re excited to partner with e2open to ensure we stay abreast of the ever-changing regulations, leverage global trade and compliance best practices and further the digital transformation of our supply chain. The new platform provides best-in class, time-critical compliance to improve our operations, allowing us to better serve our global customers."

Air France® Industries Head of Customs and Trade Compliance Air France® Industries KLM Engineering & Maintenance

We know what stock we have in the channel, is it healthy, what our average days of stock are, do we ship in more or do we reduce what we are shipping? We are really in control of channel data.

Mailin Boeker Acer

With the e2open system, processes that used to take a whole calendar year now happen in a matter of days.

Vinny Moscatello Avon

Working with e2open enables us to better fulfill short supplier lead times, reduce inventory levels, and dramatically improve inventory turns—all while lowering the total cost of ownership to our customers.

Celestica

E2open compliance capabilities are very important for the Geodis Supply Chain Optimization compliance risk management program. The digital information is key to providing timely and accurate visibility, streamlining our compliance check processes, improving their efficiency and reliability. We’re now very well-positioned for the next wave of growth and ready to offer our customers more value than ever before.

Laurent Rosa GEODIS

The e2open capabilities through supplier collaboration have enabled Jabil to standardize and digitalize our forecast communication process for all suppliers, providing increased optionality for more efficient collaboration. This is undoubtedly providing us with a competitive advantage, ensuring we have near real time visibility into forecast status with our suppliers and helping us make more reliable commitments to our customers.

Alan Brown Vice President of Supply Chain, Technology and Transformation Jabil

By implementing an integrated international purchasing system, we have ensured that Leggett & Platt is maximizing its efforts to conduct its international procurement activities in a compliant manner.

John Wainwright Leggett & Platt, Inc.

The vision for us is that the core activities of transportation should be running independently and smoothly without any interaction from ourselves so that we can really focus on the additional services that we offer to our customers.

Sebastian Poehl Head of Global Business Solutions Leschaco

Having visibility to the supply chain gives us and our suppliers the opportunity to plan. We talk about planning its capacity, its resources, its material—and it helps with the cost as well by having all those elements tied together.

L'Oreal

We want to achieve world-class logistics, with teams able to leverage the best tools to overcome todays and future challenges. The benefits we are anticipating by using e2open’s TMS tool for intercontinental logistics are threefold: standardization, reduction of logistics costs, and end-to-end visibility. This should give us a competitive advantage in the market.

Dan Jianu Logistics Operations Manager Michelin

We consider e2open global trade software as a game changer. It has enabled us to gain in efficiency, follow the evolution of trade rules timely and accurately, and exploit the necessary free trade agreements. It enhanced our overall competitiveness.

Jean-Paul Verschoor Origin Responsible Manager Renault Group

Centralizing and automating our export control processes, and particularly our trade compliance, not only reduces risk for Sandvik, but opens new opportunities to do more business worldwide.

Sandvik

"We now have full visibility and control—from classification and RPS screening to qualifying for free trade agreements. We can even see in advance where we avoid import duties, giving us a direct financial benefit that we can reinvest in other areas."

Edwin Tolsma Trade Compliance, Global Domains and IT Lead Signify

With e2open’s Global Trade Management, we’ve transformed a chaotic, manual review process into an automated workflow that approves cases in under a minute, filters out low‑risk transactions, and gives us confidence that every shipment and download complies with global export and sanctions laws. The time saved now lets our team focus on auditing, partnering with supply chain, and ensuring our products are correctly classified worldwide—while still processing around 1,000 orders a week within eight hours.

Sophos

Stop overpaying and start saving

Cut time and costs by automating your audit and settlement process.