
The Ultimate Guide to Optimizing Freight Procurement with a TMS
February 5, 2025Introduction
Scaling freight shipments manually is riddled with inefficiencies—errors, delays, and lost revenue opportunities. Businesses struggling with outdated logistics processes find themselves at a competitive disadvantage. The key to overcoming these challenges? Automation.
Port TMS is revolutionizing freight management by automating critical logistics functions, including invoicing, accounting, pricing, procurement, tracking, and reporting. Let’s explore how automation streamlines these operations, reduces costs, and drives business growth.
1. Automating EDI 210 Invoicing for Faster, Error-Free Billing
EDI 210 invoicing is crucial for freight auditing and billing accuracy. Manual invoicing can lead to costly mistakes, payment disputes, and inefficiencies.
How Port TMS Solves This:
- Eliminates manual data entry errors.
- Accelerates invoicing and payment processing.
- Seamlessly integrates with carriers and shippers.
Companies that automate invoicing experience up to 80% fewer billing errors!
Accounting Integration: Smarter Financial Management
Integrating accounting with a TMS ensures financial accuracy and transparency. Manual reconciliation leads to discrepancies, delays, and compliance risks.
How Port TMS Solves This:
- Connects with popular accounting software.
- Automates invoice matching and reconciliation.
- Enhances financial transparency and regulatory compliance.
LTL & TL Pricing Automation: Finding the Best Rates Instantly
Real-time rate comparisons for LTL and TL shipments are essential for cost-effective freight management. Manual pricing can lead to overpayments and missed savings opportunities.
How Port TMS Solves This:
- Provides a real-time pricing tool that compares LTL & TL rates from multiple carriers.
- Reduces freight costs by selecting the best option.
- Offers predictive insights for smarter budgeting.
Stop overpaying for freight—let automation find the best rates for you!
Truckload Procurement: Automating Carrier Selection
Securing truckload capacity is critical for timely deliveries. However, traditional procurement is slow and prone to inefficiencies.
How Port TMS Solves This:
- Automates carrier selection based on pricing, availability, and service history.
- Streamlines contract negotiations and load booking.
- Ensures capacity availability in tight markets.
Tracking & Tracing: Real-Time Shipment Visibility
Lack of real-time tracking leads to missed deliveries, poor communication, and unhappy customers.
How Port TMS Solves This:
- Provides live shipment tracking updates.
- Automates status notifications for better transparency.
- Enhances customer experience with proactive tracking tools.
Real-time freight tracking = fewer delays and happier customers!
KPI Reporting: Making Data-Driven Decisions
Without clear performance insights, businesses struggle to optimize logistics operations.
How Port TMS Solves This:
- Offers customizable KPI dashboards for freight tracking.
- Provides automated reports on cost per shipment, transit times, and carrier performance.
- Enables smarter decision-making through data-driven insights.
The Future of Scalable Shipping is Automated
Automation is the key to solving major freight management challenges. Port TMS empowers businesses to reduce costs, improve efficiency, and scale smarter.
Ready to scale smarter? Learn how Port TMS can transform your freight operations today!