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About Freight Payments
EV Cargo Technology’s Freight Payments offers a convenient solution for Finance teams who are often presented with invoices and charges in several different currencies. The software presents groupings of charges in line with how shipping providers will be invoicing, (e.g. Freight, Haulage, Ancillary Charges etc) and converts them into a single local currency).
Based on actual supply chain activity, the intelligent tool presents expected costs using the online e-Tariff so that the user only needs to be concerned if the invoice totals mismatch the invoice value received. This allows for quick approval upon a match, and further investigation if a mismatch occurs.
Maintaining good supplier relationships is vital to every business, so don’t let delayed payments create friction in your supply chain. Supplier relationships are supported through the Freight Payments module by streamlining and speeding up the process of approving invoices for payment. The Freight Payments software also provides a platform for effortless communication with suppliers so any queries can be resolved efficiently.
Greater visibility and control of your supply chain accounts means greater savings opportunities. This module makes freight payments easier to manage, ultimately leading to more efficient payment processing for your business.
Reduce administration time and resource
Improve supplier relationships with fast invoice approvals and accurate estimations
Reduce the payment of incorrect invoices
Increase the speed of payment (or questioning) with real-time communications
Calculate multiple currencies into a single local currency
Add unexpected costs for invoice matching, and for historical analysis
Log history of changes to the online tariff tool
Workflows for management of outstanding tasks (and approvals)
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