Achieve 2-4% additional cost savings with automated audit and 20% fewer invoice errors.
Oracle Freight Payment, Billing & Claims is a comprehensive module within Oracle Transportation Management (OTM) that automates freight bill validation, payment processing, and customer billing. The system supports Match & Pay (comparing billed charges against shipment data) and Rate & Pay (re-rating with contract rates) audit methods. Auto-approval of bills within user-defined tolerances routes clean invoices to AP systems while discrepancies trigger workflow-based exception management. Integrated claims functionality tracks loss, damage, and overcharge claims with pre-populated forms. Cloud-based deployment integrates seamlessly with Oracle ERP, WMS, and GTM.
Achieve 2-4% additional cost savings with automated audit and 20% fewer invoice errors.
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