Services / Freight Payment
TCR is a world leader in freight bill (freight payment) processing with more experience in this field than any other. The key to our success and longevity is a time-tested process that combines proven techniques with sophisticated technologies.
TCR has a firm commitment in supporting and adoption of proven freight payment technologies, freight carrier rating systems & information processing systems that perform the fastest, most accurate and most complete freight audit within the payment & audit industry today.
TCR typically reduces our customer’s freight charges by 3%-7% and eliminates $11.00 per bill for internal accounting cost.
» How do we do it? «
» Freight Payment Benefits «
- Reduction of operational and administrative time spent on freight payment issues.
- Capable of processing and reporting international taxes such as VAT, GST, etc.
- Over 91% of transactions are done through electronic processes, which cost less to process.
- Imaging of all transactions processed is created to eliminate the need for our customers to store paper freight bills.
- We are a leader in the volume of data captured and utilized from each freight bill.
- General Ledger accounting codes will be applied to each freight bill based on a customer’s specific business requirements, to allow cost center allocation.
- Cost accruals for transportation service provider bills not yet billed.
- Allocation of freight charges can also be applied down to the product level.
- Web Tools to allow for on line resolution of transportation supplier bills.
- Our services are designed to lower your freight costs, automate the payment process, and provide useful information about your shipping to help you make accurate decisions.
- Transportation service providers performance monitoring.
- Corporate control of all transportation service provider cost.
- Web access to all transportation bills processed for customers and transportation service providers.
» Time to Complete «
All freight bills are typically audited and paid weekly. TCR will send our customers weekly reports highlighting any items TCR did not pay and why.
» Fees «
TCR fees are based on the number of freight bills paid.