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“With PowerTrack, two people handle more than $140 million in invoice payments. We are amazingly efficient.”
Accounts Receivable Professional, Air Freight Company
Whoever said that freight payment is just another kind of payables really missed the mark. PowerTrack understands the specific needs of professionals who audit and pay freight bills. And your job just got easier.
PowerTrack is clearly the most comprehensive freight audit and payment tool available today. Why? For the first time in the industry, both shippers and carriers are truly treated as customers in this payment system – because they are. Our philosophy: equal access and equal responsibility ensure fast, accurate electronic payments. In the end, the result is lower overall transportation costs across every mode, whether it’s air freight, barge, ocean, rail, truckload, less-than-truckload, or pipeline. Inbound or outbound, PowerTrack delivers.
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What You Get With PowerTrack
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Back Office Efficiency
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- Online visibility to shipments and payments around the globe
- Eliminate paper bills of lading, invoices, receipts, and filing
- Automated links to rating, transportation management and accounting systems
- Exceptional collaboration with accounts payable
- Complete landed costs for cross-border and global shipments
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Pre-Payment Audit and Reconciliation
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- Audit every single invoice before it’s paid
- Automate 90-95% of approvals
- Automatic dupe checks
- Immediate visibility to surcharges and accessorials
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Financial Control
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- Consolidated and consistent corporate policy enforcement
- Complete compliance for SOX, OFAC, OSFI and other government regulations
- Accurate and consistent G/L coding with patented technology
- Immediate visibility to all freight expenses, by geography or company organizational unit
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Business Intelligence
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- Complete data analysis tools for management decisions
- Standard reports for shipments by lane, by carrier, by cost center and many more
- Immediate visibility to payment status, accessorial charge usage, payment delays
- Carrier management analysis tools
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