General Ledger Coding Service (GLC)

How GL Coding works // Rules

Negotiating your way through a complicated carrier contract is like wading through mud, it takes time and can be very hard going. Despite your determined efforts to carry out a comprehensive review you might be left feeling unsure that you have secured the best rate.

Carriers are a shrewd bunch, they effortlessly slide fees and waivers into the contract, and when you’re faced with pages of complex copy the last thing you feel like doing is thoroughly checking it all. These “extras” can easily slip through the net – leaving you to pay more than you bargained for.

We can help you with that. Here at Betachon we can get to grips with the contract for you – saving you time and money. We can get you a better deal without you having to spend hours deciphering complex terms and conditions. We are used by companies of all sizes;both small and large businesses head our way and we help each and every one to automatically recover overspend on shipments.

Documents

Attributes

The following attributes are available for coding logic. Any part of the shipping invoice data can be used to route charges into specific cost centers, including the following:

  • Account Number
  • Payment Type
  • Sender Name
  • Sender Company
  • Sender Address
  • Sender City
  • Sender State
  • Sender Country
  • Receiver Name
  • Receiver Company
  • Sender Postal Code
  • Receiver Address
  • Receiver City
  • Receiver State
  • Receiver Country
  • Reference Note
  • Receiver Postal Code

Functions

The following attributes are available for coding logic. Any part of the shipping invoice data can be used to route charges into specific cost centers, including the following:

  • Match All
  • Match Any
  • Match None
  • Begins With
  • Contains
  • Ends With
  • Equals
  • Matches Wildcards
  • Is Empty
  • Doesn’t Begin With
  • Doesn’t Contain
  • Doesn’t End With
  • Doesn’t Equal
  • Isn’t Empty
  • Doesn’t Match Wildcards

PRODUCT AND BENEFITS

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Save time

For scaled operations, the time savings from GLC is enormous. High-volume shippers perform manual research and give attention to thousands of exceptions weekly. GLC identifies missing reference fields and applies intelligent automation to route values to the correct field and significantly reduce the number of exceptions. GL coding service puts the cost accounting of your shipping invoices on autopilot.

More Accuracy

With an integrated General Ledger, key decision makers have immediate access to accurate financials to make strategic moves, and accounts payable has created a more agile environment. Don’t let limited coding structure hold your business back.

Financial Compliance

GLC guarantees data integrity, aligns cost center information with invoice data, and ensures financial compliance. Use the GLC service to build queries, view real-time financials and pull ad-hoc reports for deep dives into financial records. GLC accelerates reconciliation, amplifies financial transparency and enables businesses to meet internal and external reporting requirements.

Features

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Completely automates GL Coding

Handles messy invoices like a pro

Supports multiple bank accounts

Automates seamlessly with configurable rules

Uses linked rules to handle exceptions

Automates seamlessly with configurable rules

Scheduled reports sent weekly

Supports even the most complex GL account code structure

Pricing

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Betachon Freight Auditing believes pricing should be simple and without surprises. The pay-as-you-go pricing model defined below is a per cost component pricing model. Examples of cost components found on freight invoices include any of the following:

  • Transportation charges
  • Performance discount
  • Fuel surcharges
  • Residential surcharges
  • All other cost components

Each cost component is the per unit, per transaction fee for GL Coding that cost component.

Pay-As-You-Go Pricing

$0.05 per cost component

  • Setup price: $1,000
  • Simple pricing terms
  • Invoiced weekly
  • Includes all features

Simplify Your GL Coding Process

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1.

Create An Account

You don’t have to accept inefficient accounting processes as a cost of doing business. Betachon Freight Auditing brings precision and unparalleled cost savings to your business. Create an account in two minutes. No credit card is required at the time of registration.

2.

Request A Demo

Get a firsthand look at how Betachon Freight Auditing works, and what it can do for your business. You can turn 15 minutes of your day into a money-making, time saving opportunity. Gather the team and take a look at the tech underneath the hood.

3.

Schedule A Meeting

GL Coding works to reduce administrative overhead, increase savings and streamline processes.. Get your outstanding questions answered by speaking with a Live Shipping Expert. Secure the savings you deserve.

Contact us