#1 3PL Solution Provider
In addition to driving spend reduction for shippers, Intelligent Audit’s 3PL solution streamlines billing and frees up working capital.
Carrier Invoice Audit
Client Invoice Re-Rating
GL Coding
Generate Client Invoice
Carrier Payment
Carrier Invoices
Intelligent Audit will coalesce your shipping data with the carrier invoices to:
- In-depth audit is conducted to identify potential billing issues
- This includes specific customer-level business rules
- If issues are identified, IA works directly with carriers to resolve the dispute
- If no issues are found, IA applies business rules to shipments and re-rates them
- Invoices are aged based on carrier terms
Customer Invoices
Generate client invoices based on a separate client tariff, markup percentage, additional transaction fees, and more
Invoices Are Produced
Based on established business rules, invoices are sent directly to the customer or to the 3PL. This includes “buy/sell” rating, management fees, transactional fees or any other pricing variation
A/R Files Sent to Finance Team
Files with sell rates and GL coding generated for upload into existing accounting system
3PL Accounts Payable
A/P files are produced by Intelligent Audit and uploaded into your accounts payable system
- IA delivers approved payment amounts for all open and aged carrier invoices
- Carriers can access IA’s cloud-based exceptions management portal to see invoice statuses with a detailed explanation of contested amounts before invoices are short paid
- 3PL can elect to fund carriers directly or a single payment can be sent to IA who will manage the all carrier payments
Accruals
IA will create detailed accruals for both the 3PL and the end customer on a weekly/monthly/quarterly/annual basis
- Define accruals based on their shipped status
- Accrual files are sent reflecting how much is the 3PL is exposed to
- Secondary accrual files are sent reflecting how much each customer owes – this can be produced using “sell” rates
Industry Leader
20+ Years In the Business
Intelligent Audit is the backbone billing system for some of the largest global 3PLs.
IA’s technology streamlines inefficient billing and audit processes, increases spend visibility, expedites customer invoicing, and frees up working capital.
