CT International Freight Audit and Payment Services
CT Logistics offers a wide range of International Freight Audit, Freight Payment, and Freight Management Information capabilities based out of Birmingham, UK, as follows:
- International Freight Bill Audit
- Payment
- Reporting Services
These services can transform your logistics management and back-office operations while having a direct effect on your bottom line. Historically, International Bills are complex with a whole range of diverse parameters that make understanding and budgeting your costs both difficult and time consuming.
A sample of these financial factors can include:
- International Currency exchange rates
- International Fuel surcharges
- War Risk adjustments
- Security Fees
- International Measurement Units
- Inco Terms
- Varying Cube/Dimension factors
- Port Congestion Fees
- Local Taxes
- Overseas Demurrage/Detention
- Varying rating structures
- Export/Import Licensing
Outsourcing your International Freight Bill Payment processing to CT will be an excellent business decision and allow you to experience benefits producing:
A guaranteed 100% audit of all your complex International freight movements that will uncover errors on your carrier invoices, such as:- Rating Errors
- Duplicate Billings
- Duplicate Shipments
- Additional Line Items
- Duplicate Supplementary Items
- Invoices for shipments not shipped/executed
- Unapproved Demurrage / Detention
- Currency Uplifting
Typically from direct cost savings alone our International customers save approximately 4 to 10 percent of their annual transportation and logistics expenditure.
Additionally and aside from the visual cost savings benefits also include:
- Electronic billing receipt and carrier payment in all Worldwide / International currencies
- Online facility for carrier payment inquiries
- Customized technology, reporting and processes
- CT Logistics’ FreitRater® system with OCR transaction technology, processes, rates, validates and pays all International freight invoices
- Contract terms checking – business rules established and achieved
- CT Logistics’ Web-based, interactive management tools, provides accurate freight reporting, carrier data and detailed freight spend data which help identify new opportunities to further optimize your supply chain and reduce logistics costs.