TransmetriQ has launched Freight Payables, which is designed to automate rail freight invoice audits, helping carload shippers meet audit requirements while improving billing accuracy and reducing waste.

The Freight Payables module enables operations and accounting teams to collaboratively ensure every invoice matches what was negotiated, and that freight spend is not quietly leaking through manual errors. Freight Payables provides real-time visibility into the freight payment process and facilitates collaboration across these functions, while automating the work needed to identify billing errors, meet audit requirements and reduce unnecessary costs.

At the core of Freight Payables is TransmetriQ’s Shipment Rating tool, a continuously updated record of a shipper’s negotiated rates and public tariffs. Freight Payables checks every incoming invoice against that record as it arrives; flags anything that does not match; and routes it into one shared workflow where finance and operations can review, approve or dispute the charge together without spreadsheets or email chains. The result is a continuous, real-time audit process that identifies discrepancies as they occur rather than after the fact.

TransmetriQ