Freight Expense Accounting

  • Get granular, accurate cost allocations
  • Accurately accrue for freight costs
  • Understand product landed costs
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Improve Your Freight Expense Accounting

Due to the high cost and complexity of managing freight invoices, processing and payment is one of the most commonly outsourced AP functions.

Freight expense accounting enhances your existing accounting automation initiatives and reduces the administrative burden while increasing the availability of data.

Process improvements include:

  • Reduce the administrative burdens of recording complicated transportation expenses
  • Replace multiple disparate sources for accounting data with one
  • Consolidate many freight carrier payments into one
  • Offload carriers’ invoice-related inquiries and billing dispute management
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Freight Expense Accounting with Cass

Cass freight payment solutions meet the needs of transportation, finance, and accounting. Cass is the expert for meeting the freight accounting needs of highly complex organizations.

Our commitments regarding freight accounting are strong:

  • Provide accurate monthly freight accruals
  • Deliver cost allocations per your requirements, at any level of detail
  • Deliver consistently and on time to meet cut-off requirements
  • Provide real-time or near real-time visibility into invoice status and scheduled and historical payments
  • Provide transparency to the payment process
  • Provide documented processes with defined business rules
  • Cycle invoices individually, paying according to due date or unique scheduling needs

Our Customers
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Take Control of Cost Allocation

Cass automates the cost allocation process of freight expense reporting to meet the complicated requirements of some of the world’s largest shippers.

Using our automated system, we integrate data from a number of sources, such as invoices and supporting documents, client shipment files, and third parties, to build a powerful database that allows cost allocations at a granular level.

We provide full integration with your ERP or accounting software to minimize ongoing resource requirements for assimilating freight accounting data into your current accounting system(s).

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Generate Accurate Freight Accurals

The Cass Ratemaker®application contains a database of information about your carriers, freight contracts, and corresponding rates. When you provide a shipment file to Cass – containing information such as carrier, weight, origin, destination, and other key data  the rating system makes mileage and other calculations and provides a total expected cost for that shipment.

Until an invoice is received for the incurred expense, this rated shipment record forms your freight accrual. When an invoice is received, additional information – such as charges for unplanned expenses – may cause the shipment cost to change. In this case, the final shipment cost serves as the accrual amount.

Get More from Your Freight Expense Accounting

Then let us show you how we can turn your freight payment process into an asset, instead of an incomplete solution that’s draining your resources.

Your modern shipping operations need modern expense management, without endless admin, questionable data, or missed cost savings.

Schedule a Meeting