About FreitRater
FreitRater is a rating software from CT Logistics that provides freight rate calculations. It includes features such as access to multiple carrier rates, support for various shipment types, and integration with existing logistics systems so users can evaluate and select the best shipping options. FreitRater allows users to quickly compare rates across different carriers and services, ensuring cost-effective choices for their logistics needs. The platform is designed to handle complex rate structures and can automate significant portions of the shipping process. Key capabilities: carrier rate access shipment type support logistics system integration cost comparison automated rate calculations Best for: logistics managers that need to assess and select freight rates efficiently.
FreitRater is a powerful, long-standing Transportation Management System (TMS) from CT Logistics, specializing in freight bill auditing, rating, and payment. Its strength lies in its robust, flexible, and accurate rating engine and its ability to deliver a quick return on investment (ROI) through cost recoupment. The system is an enterprise-class solution trusted by Fortune 1000 companies, offering highly versatile deployment options (On-Premise, Cloud, or full Business Process Outsourcing). However, its high degree of customization, lack of transparent pricing, and limited public product media suggest it is best suited for large organizations with complex rate structures and dedicated logistics teams, rather than smaller businesses seeking an off-the-shelf solution.
Pros & Cons
- +Provides highly reliable pre- and post-audit capabilities to ensure payment accuracy and compliance.
- +Offers multiple deployment models to suit diverse IT and operational needs
- +Handles highly complex rate structures and auto-rates transactions quickly and accurately
- −Specific pricing details require direct contact with the vendor
- −It is complex and costly for smaller businesses
Features
Key features
- Rate Management
- Acts as a centralized rate repository, allowing carriers and shippers to accurately store, maintain, and publish complex contract rates and spot quotes.
- Freight Bill Auditing
- Performs comprehensive pre-audit and post-audit services to electronically review bills for accuracy, duplicate payments, authorized payments, and misapplied charges, ensuring compliance.
- Freight Payment
- Provides timely payment solutions and processes freight bills, often as part of a third-party audit and payment service.
- Freight Routing/Routing Optimization
- Determines the most cost-effective transportation methods and handles multi-leg shipment planning for lowest-cost alternatives.
- Parcel Auditing
- A specialized package that includes auditing capabilities specifically for parcel shipments.
Additional features
- Billing & Invoicing
- Allows carriers to bill clients correctly the first time and shipp ers to manage freight billing processes and expense allocations.
- Shipment Tracking
- Provides real-time visibility into shipment movements and status for both customers and internal teams.
- Management Reporting
- Features proprietary tools like FreitWriter® to generate standard and ad-hoc customized reports on audit savings, management information, and overall freight spend.
- Customer Portal / WebTools®
- Provides secure internet access to current and historical freight bill data, resolution, reporting, and image retrieval for clients.
- Container/LTL/Truckload Management
- Offers specific functionality to manage different modes of transport, including container tracking, Less-Than-Truckload (LTL), and Full Truckload (FTL).
- Import / Export Management
- Features to handle international forwarding requirements and trade compliance processes.
- Warehouse Management
- Functionality to support tracking stock and managing inventory, especially when integrated with broader logistics operations.
- CRM (Customer Relationship Management)
- Features focused on customer data and interaction related to freight, billing, and order management.
Pricing
Countries & Languages
Interface languages
Billing currencies
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About FreitRater
FreitRater is a rating software from CT Logistics that provides freight rate calculations. It includes features such as access to multiple carrier rates, support for various shipment types, and integration with existing logistics systems so users can evaluate and select the best shipping options. FreitRater allows users to quickly compare rates across different carriers and services, ensuring cost-effective choices for their logistics needs. The platform is designed to handle complex rate structures and can automate significant portions of the shipping process. Key capabilities: carrier rate access shipment type support logistics system integration cost comparison automated rate calculations Best for: logistics managers that need to assess and select freight rates efficiently.
FreitRater Details
FreitRater's In-App Market Place
Does FreitRater have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
1
Mini Apps
N/A
Pricing Options
Accepted Payment Currencies
USD ($), EUR (€), GBP (£)
Pros & Cons
- Provides highly reliable pre- and post-audit capabilities to ensure payment accuracy and compliance.
- Offers multiple deployment models to suit diverse IT and operational needs
- Handles highly complex rate structures and auto-rates transactions quickly and accurately
- Specific pricing details require direct contact with the vendor
- It is complex and costly for smaller businesses
FreitRater's Support Options
Contact
(216) 267-2000FreitRater's Alternatives
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