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Transportation Contract
Management & Freight Bill
Settlement Solution
twCost
Modular Solutions Spanning the Transportation Modular Solutions Spanning the Transportation CycleCycle
twSlottwSlottwCosttwCost
PrePre & &
Self Self BillingBilling
LoadTender
KPIMeasure
DockScheduling Loading Shipment
Tracking UnloadingFreight
BillSettlement
Colla
bora
teM
onit
orCo
nne
ct
twSlottwSlot
twDoctwDoc
Extensions:• Ocean• Collect• Upload-Doc• GeoCode
twTracetwTrace
Carrier Selectio
n
twCosttwCostContractContract
MgntMgnt&&
Rate DBRate DB twDatatwData
Contracts
& Rates
twConnecttwConnect
twControltwControl
Carriers NetworkCarriers Network
twMatchtwMatch
twSelecttwSelect
twCall-OfftwCall-Off
Freight Invoice Settlement and Contract Management Proactive approach to freight invoice settlement Multiple freight invoice settlement paradigms
—Pre-Invoice, Self-Invoice, Upload view & match Platform fosters communication & sharing w/ carriers
—Process to dynamically settle special charges / accessorial fees Contract details shared on-line
—“Collaborative” vs. “Adversarial” relationship Sophistication of twCost Engine
—Cost calculation base on combinations of 64 different data elements Transport Order / Load attributes Item / Packing List attributes
Flexibility of twCost configuration tools “On-Demand”, SaaS solution
—Rapid deployment—Rapid realization of ROI —Reduced Long-term Cost of Acquisition
No capital or support costs for infrastructure Minimization of services fees
twCosttwCost:: Best In Class SolutionBest In Class Solution
twCosttwCost:: Maximizing Transportation Spend Maximizing Transportation Spend ControlControl
Reduce Costs:— Reduce processing costs per freight invoice
Reduce time & costs of freight bill reconciliation Reduce time & costs associated with freight bill disputes Reduce time & cost of payment process
— Eliminate hidden costs and improper accessorial fees— Eliminate over-payments
Increase Operational Efficiency: — Reduce the time & resources it takes to process a freight invoice from receipt to
payment— Automate & improve transportation spend control— Expedite communication & improve relationships with carriers through mutually
beneficial collaboration— Simplify transportation budgeting & forecasting processes
Increase Visibility: — Centralize storage & management of global transportation contract, rate & invoice data— Increase availability of transportation spend data for analysis, and contract negotiation— Leverage carrier contract compliance & performance metrics for tactical planning &
execution of shipments
Negotiation &
Preparation
Freight Agreement
FreightCalculatio
nFreight
InvoicingFreight Bill
Reconciliation
Performance
Measurement
Manage Rates and Services
Manage Invoicing
Rules
Calculate Freight &
Accessorial Fees
ManagePre-
InvoiceControl Invoices
Allocate Transportati
on Costs
Monitor
Manage Contracts
Freight Payment ProcessFreight Payment Process
Share and Validate
Contracts w/ Carriers
twCosttwCost:: Contract Management & Freight Bill Contract Management & Freight Bill SettlementSettlement
Proc
urem
ent
Paym
ent
Acco
unti
ng
twCost : Pre-Invoicing WorkflowPre-Invoicing WorkflowTPSShipper CarrierERP TWM TWA
Creation and assignment of a Load Tender Load Tender availability
The Shipper checks the add. costs and accepts/rejects them
Pre-invoice Validation
Paper invoice
Comparison of invoice vs. pre-invoice
Payment validation
Pre-Invoice Generation
Execution
Accounting
Load Tender Acceptance
The carrier adds the additional costs
TRANSWIDE
TPSShipper CarrierERP TWM TWA
Creation and assignment of a Load Tender
Load Tender availability
The Shipper checks the add. costs and accepts/rejects them
Invoice Validation (optional)
Payment validation
Invoice Generation
Execution
Accounting
Load Tender Acceptance
The carrier adds the additional costs
Paper invoice
twCosttwCost:: Self-Billing WorkflowSelf-Billing WorkflowTRANSWIDE
Cost Center Dispatch
Rules
Allocate Transport
Costs to Cost Centers
Invoicing Types & Rules
Pre-InvoiceCreation
Pre-Invoicing
Monitoring
Pre-Billing
Standard
Invoice Control
Self-Billing
Man
age
Rate
s Multi Mode
Calculate Cost of Base Services
FTL / LTL
Calculate Cost of Extra Services
Road Rail
Ocean
Air
Barge
Indexes
Duties & TaxesCurrencies
Logistic Zones
Routes / Lanes
Units of Measure
Contract Monitori
ng Manage & Attach
Documents
Manage Contractual
Data Between Parties
Rules
Base Services
Manage Services
Special Services
Contract Validatio
n Workflow
s
twCosttwCost: Functional Perspective: Functional Perspective
Cont
ract
M
anag
eme
nt
Car
rier
Co
nfigu
rat
ion
Freight Bill Settlem
entAccounti
ng Rate M
anagement
Global Presence— Serving customers across 5 continents— Offices in US and EU— Multilingual helpdesk support
Proven Solutions, Large Network— Over 70,000 users & more than 8,000 carriers worldwide
Independent, Carrier Neutral— Strong financial backing from parent company Wolters Kluwer— Not connected or affiliated to any carrier or transportation agency
On-Demand “Pay as you go…only for what you need” Solutions— Modular— Quick deployment, Rapid ROI
Pricing Model— Flexible, Affordable Pricing Models
Fixed or transactional fees based on modules & volume— Carriers can communicate free of charge, via web-access
Professional Services— IT Integration; Project Management; Carrier on-boarding; User Training; Helpdesk
Transwide Added ValueTranswide Added Value
For additional information
Please call (973) 731-3802
Thank You