As companies scale, manual freight auditing becomes untenable. That’s why MyFreightAudit provides advanced freight audit software designed to handle high volume shippers with precision. Our system offers an Audit-as-a-Service platform that automatically processes each shipment invoice and highlights discrepancies for resolution. It connects seamlessly to carriers via API/EDI integrations, so invoices flow in automatically and data can be pushed to Microsoft Power BI.
Once an invoice arrives, the audit software applies your rates and contracts at lightning speed. It checks every element – linehaul rate, fuel surcharge, weight, dimensions, and every accessorial. If an invoice matches the expected amount, it’s approved immediately and added to the consolidated billing. If not, the software flags the shipment for review. This means only truly problematic invoices require human attention. For example, if a carrier added an unauthorized liftgate fee, the system catches it and alerts our freight auditing team.
Key features of our freight audit software include:
Invoice Flagging & Approval: Every invoice runs through an automated check. Correct invoices are approved; anomalies are flagged. Our team then disputes any flagged fees on your behalf and dispute with the motor carriers.
API/EDI Carrier Connections: We integrate directly with carrier billing systems, EDI networks, or email. This ensures no invoice slips through the cracks. If needed, carriers can send invoices to us directly and the software will ingest them automatically. If a carrier sends you an invoice directly you can simply email it over to MyFreightAudit for invoice audit processing.
Consolidated Invoicing: After audit, our software bundles all approved charges into a single invoice for you. This “one-bill” greatly simplifies payments.
Automated Reporting: The software generates compliance and exception reports. For instance, it tracks how often carriers reweigh shipments or apply certain accessorials, giving you insight for process improvements.
Root-Cause Alerts: Beyond catching individual errors, our system learns over time. It might notice, for instance, that a specific route always triggers a re-class fee. Or a specific carrier keeps adding an unnecessary LTL accessorial fee. In such cases, it highlights the pattern so you can address the underlying issue.
By automating these steps, MyFreightAudit’s freight audit software greatly reduces errors and workload. A large manufacturer we work with processes hundreds of LTL invoices monthly; after switching to our system, our finance team reported 90% fewer manual billing checks needed each week. We are incentivized to fix this at the root with the carrier as it lowers our cost in providing this service.
This data-driven approach turns freight auditing into an evolving strategic asset. When our software aggregates data, it feeds it back into planning. Shippers discover that certain packaging changes could avoid future accessorials, or that shifting carriers on certain lanes reduces delays. In other words, our freight audit software not only eliminates errors – it helps you optimize your supply chain. One of the biggest benefits is that this service drives true data-driven decision making.
FAQ
Can we customize audit rules? Yes. You can set up custom rules in the system (for example, to automatically approve charges below a certain amount, or to always flag charges from specific facilities). Our team helps configure these rules when onboarding.
How quickly are invoices processed? Typically, invoices are audited and any exceptions are worked within the same week they arrive. We track all pending items to make sure nothing falls through. The goal is always to complete the audit before any payment due dates.
What if we don’t use TLI for shipping? No problem. Our audit software is carrier-neutral. Even if you have your own carrier contracts, we can onboard them to the system. The platform works just as well on freight you arrange independently.
How do we see the audit results? Through a web portal and scheduled summary reports. You’ll get a summary of disputes won, amount recovered, and any outstanding issues. Many customers set up weekly or monthly dashboard meetings powered by Microsoft BI to review detailed savings and insights.