Solution
Carrier Invoice Processing for Freight Forwarders
Carrier Invoice Processing for Freight Forwarders Overview
An automation solution helping 3PLs, freight forwarders, and brokers streamline carrier invoice processing—including invoices, Bills of Lading (BOLs), and rate confirmations – enhancing accuracy, efficiency, visibility, compliance, and accelerating payment cycles.
Features
- Document Intake & Digitization: Support multiple channels for receiving invoices (email, SFTP, portal uploads, EDI). Automated recognition and classification of various document types (Invoices, Bills of Lading, Rate Confirmation, Lumper Receipts).
- Data Extraction & Validation: Intelligent data extraction leveraging OCR / AI to capture key invoice details (Carrier name and ID, Invoice number and date, Shipment details, Rates, Payment terms). Automatic validation against shipment details and contracted rates. Exception flagging for mismatched, incomplete, or suspicious data.
- Workflow Automation & Exception Handling: Configurable workflows to route invoices for approvals based on amount, carrier, or invoice type. Automated notifications and alerts for exceptions requiring manual intervention. Approval escalation procedures for invoices exceeding predefined thresholds.
- Matching & Reconciliation: Automated 2-way or 3-way matching (Invoice, Bill of Lading, Rate Confirmation). Highlighting and reconciliation of discrepancies or anomalies.
Benefits
- Streamline the receipt, review, approval, and payment processes for carrier invoices
- Significantly reduce manual data entry and verification efforts
- Accelerate invoice processing to improve cash flow management and reduce payment cycles
- Minimize human errors and discrepancies to ensure accurate financial reporting
Technical Details
Inputs
Carrier Invoice Processing ingests Invoices, Bills of Lading, Rate Confirmation, and Lumper Receipt document types from shipment carriers.
Outputs
Carrier Invoice Processing results in accurately classified documents and cross-validated invoice data delivered to your Transportation Management Systems (TMS), ERP platforms, and payment solutions.
Geographic Availability
Global
Additional Solutions From Genus Technologies
Created By
Products
TotalAgility
Industry
Supply Chain
compatibility
Operates with all currently support TotalAgility versions
Business Process
Distribution / Shipping
Information Technology
Manufacturing
Purchasing
Supply Chain Management
Last Updated
September 24, 2025
Consulting Required
Yes
Support Available
Yes
Pricing
Contact for Pricing
