
Freight audit and payment software automates invoice validation, cost allocation, and payment processes, reducing errors and improving supply chain visibility.
Vendor
Körber AG & Infios
Company Website
Infios Freight Audit and Payment (FAP) is a software solution designed to automate and streamline the management of freight invoices and payments across complex, global supply chains. The system validates carrier invoices against contracted rates, shipment data, and service agreements, ensuring accuracy and compliance before payment. It supports pre-audit and post-audit processes, automates cost allocation, and manages multi-currency and multi-modal transactions. The platform provides real-time visibility into freight spend, integrates with ERP and accounting systems, and generates detailed analytics for cost optimization and performance monitoring. By reducing manual intervention and errors, Infios FAP helps organizations control transportation costs, improve financial accuracy, and enhance supplier relationships.
Key Features
Automated Invoice Validation Checks carrier invoices against contracts and shipment data.
- Identifies discrepancies and overcharges
- Supports multi-currency and multi-modal transactions
Pre-Audit and Post-Audit Processing Ensures accuracy before and after payment.
- Pre-audit: Validates invoices prior to payment
- Post-audit: Reviews paid invoices for compliance
Cost Allocation and Payment Automation Streamlines financial processes for freight spend.
- Allocates costs to appropriate business units or shipments
- Automates payment scheduling and execution
Real-Time Spend Visibility Provides transparency into freight costs and trends.
- Dashboards and reports for spend analysis
- Exception alerts for anomalies and disputes
Integration Capabilities Connects with ERP, WMS, OMS, and accounting systems.
- Enables unified data flow across supply chain and finance
- Supports multi-carrier and multi-region operations
Benefits
Cost Reduction Minimizes overpayments and improves financial control.
- Automated audits catch errors and overcharges
- Optimized payment processes reduce administrative costs
Improved Accuracy and Compliance Ensures correct payments and regulatory adherence.
- Validates invoices against contracts and service levels
- Maintains audit trails for compliance
Enhanced Visibility and Reporting Supports data-driven decision-making.
- Real-time analytics on freight spend
- Identifies cost-saving opportunities
Operational Efficiency Reduces manual workload and accelerates payment cycles.
- Automates repetitive tasks
- Streamlines dispute resolution