Körber’s myShipINFO® platform integrates all transportation systems of record, automates general-ledger coding and month-end accrual reporting, supports global bill pay processing and payment through a partnership with JPMorgan Chase, and streamlines all carrier inquiries related to accounts payable.
Automated bill payment
Our partnership with JPMorgan Chase enables streamlined global freight bill payment in 168 currencies to carriers across all modes of transportation, simplifying the freight payment process.
Körber’s myShipINFO® freight payment software integrates directly to all ERP software to automate journal entries.
General ledger coding
Our freight bill auditing and payment system automates GL cost allocation for each carrier invoice at the tracking number or shipment level.
Your team will have comprehensive visibility to both realized and planned transportation costs in a fiscal period.
Shippers need data visibility beyond the invoice received from a carrier. Having the right visibility allows the leveraging of internal data for enhanced parcel audit, GL coding and financial controls. Transportation management executives need complete visibility to all transportation expenses; whether they’ve been invoiced and paid, invoiced and in process, or shipped but not yet invoiced. Understanding what the actual financial exposure is during a reporting period is paramount to accurately reporting on transportation expenses, from shipping bills to freight claims.
Körber’s financial compliance and visibility solution, myShipINFO® gives you accurate month-end accrual and close processes, accurate GL coding, enhanced exception management, financial controls and vendor compliance reporting. This is accomplished based on your specific transportation spend calendar, allowing for a solution and dataset that is specific to you.