Freight invoice processing both pre-audit and post-audit is one of the most vital aspects of the logistics industry. It can quickly become time consuming for organisations that handle large quantities of shipments to handle their freight invoices and they can pile up causing inefficiencies and ineffectiveness. In order to mitigate risk and improve operational efficiency, part of this work is outsourced. Our expert partners audit and disburse payment accurately and in a timely manner by providing data entry and transaction processing online.
It is our duty to verify documents at the time of carrier onboarding to guarantee that there are no discrepancies moving forward. Documents that are scanned and uploaded require manual verification. Our team of experts work to scrutinize all documents. Once verified, the approved bills are paid.
The accounts receivables are sent to the freight brokers as per requirements, the documents reach the uploader and the amount is then paid to the factoring company. In case of any issues, we resolve it with the carrier. The date of payment and Cheque/ACH Number is verified and we ensure that the payment is received on time.
- The security of our clients data is of utmost importance. Invoices and other confidential data are stored only on encrypted, secure locations.
- For the past 6 years, we have made sure there has been absolutely no delay in payments.
- We have been able to completely eliminate the risk of forged documents, missing/incorrect information, etc.
- We guarantee the right collections and prompt payments received on time.
- The Notice of Assignment and Letter of Release is generated on time and without error.
In case of dispute, eMaxlabz has dedicated experts which will contact the freight broker and identify the issue. We mediate the entire situation in a timely manner meaning that our clients never have to do it themselves. This results in less delays and technical hitches, which maximises efficiency, thereby increasing revenue for our clients.