About Parcel Invoice Audit & Recovery
A service that audits parcel and freight invoices to find billing errors, service failures, and duplicate charges. It uses a 65-point automated audit for carriers like UPS, FedEx, and DHL to recover 1-9% of shipping spend for high-volume shippers.
Shipware's Parcel Invoice Audit & Recovery is a logistics service designed for high-volume shippers to reduce transportation costs. It employs a 65-point automated audit to scrutinize invoices from carriers like UPS, FedEx, and DHL, identifying and recovering funds from billing errors, late deliveries, and incorrect surcharges. The service manages the entire refund process, from claim filing to credit recovery. Beyond auditing, Shipware offers a spend management portal for analytics, carrier contract negotiation assistance, and a parcel payment platform to automate and reconcile payments. The service operates on a gainshare model, meaning there are no upfront costs, and Shipware takes a percentage of the recovered savings. A free trial of the spend management portal is available.
Pros & Cons
- Recovers 1-9% of shipping spend by identifying and claiming refunds for billing errors.
- Automates the entire audit and claims process, saving time and labor for shipping departments.
- Operates on a gainshare model, meaning there are no out-of-pocket costs.
- Provides a spend management portal for detailed analytics and reporting on shipping costs.
- Manages time-consuming lost and damaged claims in addition to standard audits.
- The service is primarily a consulting and technology-enabled service, not a self-serve software product.
- Pricing is not publicly listed and is based on a custom gainshare model.
- Advanced analytics and cost modeling require a premium subscription to the spend management portal.
Features
Key features
A 65-point automated audit checks every eligible shipment for billing errors, service failures, and incorrect charges.
Manages the entire claim process, from audit and filing to ensuring approved credits are returned to carrier accounts.
The service can manage and streamline the time-consuming process of filing lost and damaged claims.
Audits invoices from major carriers including UPS, FedEx, DHL, and LTL freight companies.
Provides visibility into audit findings, refund trends, and shipping cost reduction opportunities through analytics and reporting.
Additional features
Services to help negotiate better rates and terms with carriers to prevent future overcharges.
Offers a platform to consolidate and reconcile carrier invoices, ensuring accurate and on-time payments.
Customizes and automates General Ledger coding and cost allocation reporting.
Premium portal access allows users to model future transportation cost scenarios, such as the impact of carrier rate increases.
Offers special rate programs with built-in auditing for small and mid-sized shippers.
Pricing
Countries & Languages
Interface languages
Billing currencies
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About Parcel Invoice Audit & Recovery
A service that audits parcel and freight invoices to find billing errors, service failures, and duplicate charges. It uses a 65-point automated audit for carriers like UPS, FedEx, and DHL to recover 1-9% of shipping spend for high-volume shippers.
Parcel Invoice Audit & Recovery Details
Parcel Invoice Audit & Recovery's In-App Market Place
Does Parcel Invoice Audit & Recovery have an in-app market place?
Yes
How many Mini-Apps in the marketplace?
6
Mini Apps
Invoice Analyzer: This add-on allows users to easily analyze and compare invoices across different carriers to identify potential cost-saving opportunities.
Parcel Rate Negotiation: This add-on helps users negotiate better rates with their carrier partners by providing data-driven insights and recommendations.
Delivery Time Prediction: This add-on uses advanced algorithms to predict delivery times for different parcels
helping users better plan their logistics and supply chain operations.
Freight Spend Analysis: This add-on provides detailed reports and analysis on freight spend
helping users identify cost-saving opportunities and optimize their shipping strategies.
Pricing Options
Accepted Payment Currencies
USD ($), EUR (€), GBP (£), AUD (A$), CAD (C$), JPY (¥), CNY (¥), MXN (Mex$), CHF (Fr.), SEK (kr)
Pros & Cons
- Recovers 1-9% of shipping spend by identifying and claiming refunds for billing errors.
- Automates the entire audit and claims process, saving time and labor for shipping departments.
- Operates on a gainshare model, meaning there are no out-of-pocket costs.
- Provides a spend management portal for detailed analytics and reporting on shipping costs.
- Manages time-consuming lost and damaged claims in addition to standard audits.
- The service is primarily a consulting and technology-enabled service, not a self-serve software product.
- Pricing is not publicly listed and is based on a custom gainshare model.
- Advanced analytics and cost modeling require a premium subscription to the spend management portal.
Parcel Invoice Audit & Recovery's Support Options
Parcel Invoice Audit & Recovery's Alternatives
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