3PL Freight Reconciliation Automation for Microsoft Dynamics 365 F&SCM
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Automated Freight Reconciliation for Faster, More Accurate Billing
Manual 3PL freight reconciliation drains resources, leads to shipment complaints, and delays month-end close. The 3PL Automation Cloud eliminates these challenges with automated freight reconciliation, using an electronic matching process to align freight estimates with carrier invoices. This enables fast, accurate matching of large freight volumes using imported carrier tracking and pro-number details, improving bill matching speed and accuracy. With real-time financial reporting, 3PL providers can close out months on time while boosting cash flow and customer satisfaction by ensuring shipment accuracy.
3PL Freight Reconciliation Process
The 3PL Freight Reconciliation Module in the 3PL Automation Cloud integrates with any TMS and is designed to accommodate all 3PL providers.
Easily set up matching rules that automatically match invoice details to carrier fees enabling you to bill customers for discrepancies so you don’t absorb freight charges.
Freight estimates are automatically matched using the main carriers’ EDI X12 invoices. The flexible freight reconciliation matching typically results in 90%-95% but often match +99%.
Automated Freight Reconciliation can be deployed within The 3PL Automation Cloud or as a standalone 3PL reconciliation solution for distribution environments.
Enhanced Financial Visibility & Automated Freight Accruals
The 3PL Freight Bill Life Cycle streamlines freight accruals within Microsoft Dynamics 365 Finance & SCM, ensuring accuracy and efficiency.
- Shipment Initiation: Transportation activity generates a freight bill
- Carrier Invoicing: Invoices are imported into the system later
- Data Reconciliation: Shipment data is matched with the carrier invoice
- Adjustment Assessment: Discrepancies are identified and resolved
- Financial Accruals: Freight bill accrual is created and reversed once matched
Grow Your Revenue With Automation
%
Billing Automation Accuracy
K+
Monthly Freight Charges Savings
M+
Net New Annual Revenue
STATS BASED ON REAL CUSTOMER DATA
See the 3PL Automation Cloud in Action – Request Your Demo Today
Looking to streamline your 3PL freight reconciliation processes with advanced automation? Request a demo today, and we’ll show you the specific benefits to your business.
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