REFUND RECOVERY
1
Lojistic audits your parcel and freight carrier invoices for accuracy and recovers any refunds you’re owed.
2
Lojistic creates a weekly batch of all audited invoices that are ready to be paid.
3
General Ledger (GL) codes* are applied to shipments.
CARRIER FUNDING REQUEST
4
A Funding Request Summary (FRS) is sent.
Funding Request Summary (FRS) includes:
- A summary of total amounts due per carrier, and supporting documentation with invoice detail by carrier Account Number and Invoice Number.
- An Excel file with package and shipment transaction details, including GL coding for each package/shipment.
5
You review all information provided by Lojistic, then transfer funds via ACH according to the FRS instructions.
CARRIER PAYMENT
6
Lojistic pays each carrier according to the FRS (within 3 business days).
7
Payment confirmation is sent with a list of all invoices paid to each carrier and the carrier confirmation numbers received during the payment process.
8
Payment confirmations are also typically available via the carrier's website.
*if GL Coding Rules are provided
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Use Lojistic to manage and reduce shipping costs.
Unlimited users. All carriers. All modes.
Use Lojistic to manage and reduce shipping costs.