Freight Document OCR Accuracy: What to Check Behind It
Freight document OCR accuracy collapses on handwriting, stamps and multi-load invoices. Here is what OCR gets wrong and which fields to verify by hand.
By Emily12 min read
Tag
reconciliation
28 articles tagged reconciliation from the CheckMyFreightBill freight audit desk.
Freight Invoices in QuickBooks: A Workflow for Exceptions
A freight invoices QuickBooks workflow that keeps disputed charges, short pays, and carrier credits out of the wrong month and off the wrong GL account.
By Emily11 min read
EDI 210 Freight Invoice Format vs a PDF in Your Inbox
The EDI 210 freight invoice format gives you structured charge lines. A PDF gives you the charges plus the documents. Here is what each one lets you audit.
By Emily10 min read
How to Export Freight Invoice Data From Your TMS
Four ways to export freight invoice data: TMS reports, carrier portals, EDI feeds, and your own inbox. What each path gives you, and what it leaves out.
By Emily11 min read
Tracking Freight Recovery Savings Finance Will Accept
Tracking freight recovery savings only counts when each dollar ties to a credit memo, refund or short pay. Here is the ledger structure that survives audit.
By Alex11 min read
How to Benchmark Your Freight Invoice Error Rate
There is no trustworthy freight invoice error rate benchmark to borrow. Here is how to measure your own: the definitions, the formula, the sample size.
By Alex12 min read
Freight Cost Per Unit Calculation and Allocation
A working method for freight cost per unit calculation: what belongs in the numerator, how to pick the denominator, and how to allocate a shared load fairly.
By Alex10 min read
Accessorial as a Percentage of Freight Spend
How to compute accessorial as a percentage of freight spend, what to exclude, how to segment it, and why the trend tells you more than the level ever will.
By Alex10 min read
Freight Cost Metrics and KPIs Worth Tracking Monthly
The freight cost metrics and KPIs worth tracking, each with its formula, its data source, and what it tells finance. Plus the ones that only look useful.
By Alex12 min read
How to Evaluate a Freight Audit Provider Before You Sign
How to evaluate a freight audit provider using nine things they should show you first: findings on your own bills, the price, the contract tail, your data.
By Emily10 min read
LTL vs Volume LTL: Finding Your Real Cost Threshold
The LTL vs volume LTL cost threshold is not a fixed pallet count. Here is how to find where your own crossover sits and catch the overcharges it creates.
By Alex10 min read
Parcel Surcharge Audit: Residential and DAS Fees
A parcel surcharge audit on residential and DAS fees runs the same two-part test as an LTL accessorial dispute. Here is the mapping and the evidence to pull.
By Alex11 min read
How to Read a Truckload Invoice, Line by Line
How to read a truckload invoice line by line: linehaul, mileage basis, fuel surcharge, detention and stop-offs, and how every line ties back to the rate con.
By Alex11 min read
How to Read an LTL Freight Invoice, Line by Line
How to read an LTL freight invoice line by line: class, weight break, discount, minimums, fuel and accessorials, and the four lines that bill wrong most.
By Alex11 min read
LTL vs Truckload vs Parcel: Billing Differences
The LTL vs truckload vs parcel billing differences explained: what each mode rates on, which lines are contractual, and where an audit actually finds money.
By Alex11 min read
When Not to Dispute a Carrier Invoice: A Decision Rule
When not to dispute a carrier invoice: five cases where the charge is right, the real math on what a dispute costs you, and how to drop one gracefully.
By Reena9 min read
Broker Settlement Statement Reconciliation, Line by Line
Broker settlement statement reconciliation, done properly: how to match every load, deduction, advance fee and quick-pay discount back to a rate confirmation.
By Reena11 min read
How to Spot Double Brokering at the Invoice Stage
How to spot double brokering after delivery: the invoice, POD and remit-to mismatches that surface a re-brokered load before you release the payment file.
By Reena10 min read
Factoring Chargebacks and Reserves: Reading a Settlement
A factoring chargeback on a settlement to a carrier is usually a broker short-pay in disguise. Here is a worked statement, line by line, and how to trace it.
By Reena10 min read
Quick Pay vs Factoring in Trucking: The Real Cost
Quick pay vs factoring trucking math, done properly. Convert both to an annualized rate, hold the baseline constant, and see which one actually costs less.
By Reena10 min read
Accessorial Pass-Through: Broker or Shipper Eats It?
Accessorial pass-through between broker and shipper is a contract question, not a regulatory one. Here is who eats the charge and the clause that decides it.
By Reena10 min read
Broker Margin Leakage Per Load: 9 Line Items to Check
Broker margin leakage per load hides in nine line items between the rate confirmation and the payment. Here is each one and how to find it in your data.
By Reena12 min read
Carrier Settlement Reconciliation for 3PLs at Scale
Carrier settlement reconciliation for 3PLs fails when buy side and sell side are audited separately. Here is the three-way match that protects your margin.
By Reena11 min read
Freight Accrual Accounting When Invoices Arrive Late
Freight accrual accounting done right: accrue off the shipment event, not the invoice, estimate fuel and accessorials separately, and read every variance.
By Emily11 min read
Consolidated Carrier Invoice Reconciliation, Load by Load
Consolidated carrier invoice reconciliation breaks naive matching. Here is how to split a multi-load bill, tie each load to its rate con, and short-pay it.
By Emily11 min read
Three-Way Match a Freight Invoice: Rate Con, BOL, POD
A three way match on a freight invoice uses the rate con, BOL and POD. Here is what each document proves, why they never tie cleanly, and how to resolve it.
By Emily10 min read
Freight Invoice Audit Process: Catch Errors Before You Pay
A freight invoice audit process that works is five gates run in order before payment. Here is each gate, what it checks, and what to do with an exception.
By Emily11 min read
Rate Con vs Carrier Invoice: A Reconciliation Procedure
When the carrier invoice does not match the rate confirmation, work it in this order. A field-by-field reconciliation procedure for broker settlement teams.
By Reena12 min read