Freight Settlement, an integrated module of RedPrairie’s Transportation Management solution, automates freight payment through invoice-less (self-pay) and match & pay payment methods. By automating invoice processing and carrier contract compliance, Freight Settlement enables shippers to eliminate errant and duplicate charges, improve carrier relations and gain control over the freight settlement process. Detailed cost analytics enable cost allocation to order item (SKU) level through configurable allocation algorithms. Freight Settlement can potentially reduce freight payment costs by 3-6% through elimination of inaccurate or over-payments.
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