Financial Reporting
Crowley Managed Transportation Services
Performance Reporting and Business Intelligence
Crowley manages the data related to customer activity, reports key performance metrics, develops solutions to provide continuous improvement.
Invoicing
Services Provided:
- Efficient processing and audit against agreed tariffs and pricing
- Carrier web portal for invoice submissions and follow up
- Expense accrual calculation and reporting
- Financial settlement with carriers per contractual terms
- Detailed accounting cost allocations (GL level)
Benefits:
- Improved payment accuracy
- Increased carrier invoice compliance management
- Better freight expense accrual accuracy and alignment to customer financial reporting periods
- Improved management of working capital
Freight Bill Audit and Financial Reporting
Crowley can receive electronic and paper carrier invoices, audit the invoices against the agreed-upon rates and accessorial charges, match them to an open shipment, record and pay the carriers within the agreed terms.
Services Provided:
- Maxime value of data through analytics
- Actively manage freight rating system
- Monitor payment terms
Benefits
- Full use of payment terms
- Optimal carrier payment scheduling
- Eliminate over payments
- Improve invoice accuracy
- More efficient, detailed and accurate cost allocations for internal reporting
Additional Managed Transportation Services: Freight Procurement | Control Tower Operations | Supply Chain Solution