Post Audit
Our "No Cure - No Cost" Policy
Nearly one out of every five freight bills or vendor invoices may be wrong. That's because industry deregulation has made rating bills extremely complicated. And with carrier bankruptcies and changing discount rates, it's important to have your bills audited regularly, whether it's monthly or quarterly. But no matter which post audit plan you choose, CT Logistics' "No Cure - No Cost" policy presents a win-win scenario for your company.
Your CT Logistics team is nearly flawless in execution when you provide bills to us before the 180-day statute of limitations is up. And because of our staff's due diligence in this area, our post audit services have uncovered more than $5 million in errors annually for many of our customers.
We can help you recover hundreds, if not thousands of dollars in transportation costs by uncovering:
- Clerical Errors
- Incorrect Rates
- Erroneous Product Classifications
- Duplicate Payments
Our experienced auditors will work with you, side by side, to systematically review your paid freight bills/vendor invoices. When errors are discovered, we file claims with instructions that refunds be made payable to you and then forwarded to CT for posting and processing. Recovered refunds or credit memos are then divided between you and CT Logistics.
Our audit team also helps you resolve any questions that arise during your audit to help your company maximize its returns. At CT Logistics, we believe in complete confidentiality, so all our audits are private. We also believe in being timely, so all your audits are completed quickly and efficiently using your files, yet without disturbing the billing sequence.