Carrier Contract Compliance Audit & Optimization
Incorrect billing is common and costs freight and parcel shippers big. Protect your bottom line.
Parcel and Freight carriers commonly apply incorrect discounts to domestic and international shipments. This can occur for many reasons; when new pricing agreements are negotiated and the discounts change in the carrier’s system, and sometimes, simply because the carrier’s billing system makes the error.
ICC’s Contract Compliance Audit and Optimization services ensures the shipper is being applied/billed the correct total discount for all shipments and rectifies these costly rating/billing errors made by parcel and freight carriers.
Are your discounts being assessed properly?
- Fixed discounts
- Tier discounts
- Earned discounts
- Bonus discounts
The Carrier Contract Audit Process:
- ICC identifies an incorrect discount is being applied
- A comprehensive report outlining the error is created
- ICC’s team delivers a message for the shipper to submit to the carrier to adjust the billings
- ICC works with the shipper directly to ensure the refunds are received
Core Carrier Contract Agreement Audit Includes:
- Validating the pricing you agreed to is actually being invoiced correctly
- Validating the true savings between your current pricing and proposed new pricing
With contract auditing, you’ll be able to identify additional savings opportunities through package level optimizations.
The Most Common Errors Identified During A Contract Audit
- Incorrect billing
- Improper assessment of surcharges and accessorial fees
- Wrong calculations on discounts and incentives impacting cost savings
- Packages not optimized for shipping
- Identifying supply chain modeling concerns
Knowledge is power and data is critical.
ICC’s Parcel and Freight Carrier Contract Audit service provides clear analytics of dollar savings by shipment between any pricing agreements. These analytics help shippers understand the tremendous savings they might be missing by not doing a comprehensive ongoing carrier contract compliance audit.
Don’t leave money on the table. Contact ICC today and we’ll show you how we can boost your bottom line with our parcel audit services. Call us today at 516-822-1183 or contact us online.
Learn how you can save with Freight Bill Auditing. Visit our Freight Audit page here.
Our audits work! Click here for our latest Contract Audit Case Study