Case Study

Century, one of the nation’s largest specialty retailers, and Acuitive Solutions LLC formed a partnership to improve the retialers freight payment process. The objective of the collaboration was to run all freight bills through a pre-audit process to verify the charges prior to remittance.

Acuitive maintains the retailer’s contracted rates and terms in its system. The auditing process initiates with Century feeding ASN/856 transactions from VIZIV® to Acuitive. Acuitive then receives corresponding freight invoices via EDI 310 feeds from the retailers’ carriers. Invoice anomalies are identified systematically and flagged for non-payment pending follow up with the carrier.

Validated freight charges flow unimpeded from Acuitive to VIZIV®. The retailer’s Accounts Payable team then runs a VIZIV® report summarizing validated carrier charges in order to process payment. The average invoice approval time is 7-8 days before shipment ETA.

The specialty retailer and its carriers save time, short and over-payments are eliminated, data integrity has improved and carriers are highly motivated to self-correct to speed payment. The program is a win-win for everyone. It earned us an award for “Best Collaborative Practice”.