Freight Payment

Concentrek processes, audits and pays more than $250M in freight bills annually on behalf of our clients. Our freight payment technology from i2 is fully integrated to our rating and execution system, providing a flexible, robust, closed-loop system for accurately auditing and paying freight bills in all models.

In addition to traditional audit and pay capabilities, Concentrek has developed a proprietary, General Ledger coding application that automatically applies freight charges to the appropriate cost centers, reducing administrative work and adding an important cost dimensional to all of our operational reporting.

Concentrek's freight audit and payment technology provides:

• Multi-mode payment with separate accounting for accessorial charges and fuel
• Powerful, flexible rating system to handle the most complex rate structures
• Electronic and Manual receipt of freight bills (EDI 210)
• Automated audit functionality
• Single, consolidated weekly bill for all freight charges in all modes
• Proprietary General Ledger coding application
• Scanning and Indexing of processed Freight Bills at the Air Bill level.
• Parcel Rate and Service Audits