Carrier Activity and Spend
Many shippers use a variety of carriers to move their merchandise to customers. Some carriers have higher levels of sophistication the others when it comes to presenting shipping data. Wouldn’t it be helpful to have high level reports on all your carriers in easy to read formats.
On a monthly or weekly basis you will know if you are meeting budget targets and volume levels with carriers. When the contract is up and you start negotiating with your carriers, this information will be powerful and effective.
High Level Summary Report
This document is a great flash report that shows aggregates and averages and specific activity that creates additional charges and service delays.
Accessorial (Special Handling) Report
Many transportation executives spend hours and days negotiating equitable freight rates for their company. Unfortunately, it is hard to negotiate prudently unless you know the exact final cost of a shipment. Some carriers make it difficult to know these additional charges because they do not provide details to support them, or, they show up after the initial bill. Accessorial charges can be 5 to 30% more than your freight bill.
Wouldn’t you like to know the precise cost of shipments and how much you are being over charged for these carriers to ship your goods?
Expense Allocation Report
Some companies put transportation expenses into one accounting category but others like to assign expenses to specific activities, which can be labor intensive and time consuming for accounting and traffic personnel.
How would you like to have a detailed accounting of your freight expenses that aligns these expenses to general ledger account numbers and automatically inputs them directly into your financial system? Look no more, it’s here.