Payment Audit

 

​OOCL Logistics continues to demonstrate its leadership in information technology and innovative solutions with our Payment Audit system, a unique product package offered to OOCL Logistics customers. 

Payment Audit ensures that you pay only for the transportation services you have received, in compliance with your freight contract. It allows you to save time and resources, is easy to use, and gives total visibility when checking the status of invoices.​


With Payment Audit, you can check details on every field audited. This unique product will also tell customers what has been validated and how it has been done, and is fully customizable to your needs.

The product, which supports both OOCL Logistics and external shipments, checks billing for the following items:

  • Duplication of invoice
  • Weight
  • Accessorial charges
  • Use of correct tariff, classification, discount etc
  • O​rigin and destination accuracy


Key features of Payment Audit include:

  • Customizable audit policy setting on audit items
  • Zoom into the audit results to illustrate every un-matched charge item
  • Visibility in the entire process, from invoice receipt, audit, discrepancy resolution, to payment
  • Measurement of your carriers’ invoicing quality
  • Invoice Image, Data Storage and Retrieval
  • Supports payment audit for shipments managed by logistics providers other than OOCL Logistics
  • OOCL Logistics’ Payment Audit offers benefits that similar products on the market do not have


 

With rates set up in the Payment Audit system, you can repeatedly audit invoices. OOCL Logistics customers can get the “big picture” with details about which charge item has gone wrong, with an accurate calculated amount and explanation. You can also determine what kind of data should be verified and audited. With zero capital investment, our customers can enjoy full visibility in the audit process.



Benefits of Payment Audit:

  • Full visibility in the audit process
  • Zero capital investment
  • Save costs incurred by errors and duplications
  • Accuracy of auditing is higher, faster and more systematic than the manual process of the accountant
  • Allows pre-audit and post audit functions


Speak with your OOCL Sales representative and benefits and pricing for OOCL Logistics' Payment Audit product.