Make the Headache of Freight Payments a Memory

We manage every part of the freight payment process, giving you simplicity in return. Redwood audits each bill to the penny and builds the automated accruals to ensure accurate cost accounting. Gain total control over your freight payment system.

One Payment to Rule Them All

No more dealing with tedious payments. Instead of directly paying every carrier, pay us once a week and we’ll take care of the rest. All transactions get processed, reviewed, audited, and paid on time by Redwood.

By the Numbers

500+

Clients

12%

Avg cost reduction

Every Aspect of Payments, Covered

We’ve been at this for a while: we know just how to keep every part of your payment process covered. First, we define how to work with your existing data and accounting. Then, we automate and streamline the process to remove waste.

01

Auditing & Data Reporting

Does your financial data look like a tangled ball of Christmas lights? We combine people-power and tech to create better payment reporting. We provide:

  • Customizable reports
  • Unlimited data capture
  • Internet-based platforms for easy access
  • Full system integration

02

Finance & Accounting

Our logistics experts handle all the tech integrations, eliminating the drain on IT. New integrations create insight and better processes, freeing up your team to handle more important things.

  • Customized cash-flow timing and parameters
  • Mirroring of your fiscal calendar and accounting rules
  • Account code allocation in a system driven environment
  • Accruals and establishing business rules

03

Logistics

Our logistics experts handle all the tech integrations, eliminating the drain on IT. New integrations create insight and better processes, freeing up your team to handle more important things.

  • Co-develop preferred and customer routings
  • Include TMS technology or work within your existing platform
  • Establish timing and KPI parameters
  • Provide visibility to every order, every minute
  • Handle the process to validate and settle each bill
  • Provide needed reporting and dashboards

Putting Automation to Work

Why shouldn’t the robots do some of the heavy lifting? Our automation tools help you make better shipping decisions, leading to a refined payables process. We’ll:

  • Build a custom tariff based on your freight profile and automate scale of the rating process within your carrier network.
  • Enable more seamless execution and settlement processes by building the correct tariff and better processes on the front side.
  • Automate rates/rate structures and contracts and feed them directly into our freight payables engine.

Related Services