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Kuehne + Nagel accelerates implementation of INTTRA eInvoice solution
INTTRA eInvoice is distinguished from other multi-industry electronic invoicing solutions due to a unique set of capabilities that specifically address the complexities of ocean freight invoices. A key capability is INTTRA Automatch, which electronically matches invoices to freight statements (accruals) and, if necessary, automatically initiates invoice disputes using a set of pre-established business rules for each organization.
After beginning the implementation of INTTRA eInvoice in December 2011, Kuehne + Nagel is now in production with six INTTRA network carriers in the United States and is working on implementations with two more carriers in six additional countries. Adopting INTTRA’s eInvoice solution has reduced Kuehne + Nagel’s internal processing costs and provided earlier visibility into ocean freight liabilities. Additionally, INTTRA Automatch has enabled Kuehne + Nagel to systematically identify and resolve disputes faster, resulting in immediate savings and improved invoice accuracy from their ocean carrier partners.
“Kuehne + Nagel recognized the benefits of moving the industry toward modernization and automation, and as such, we are heavily committed to pursuing a global e-Invoicing rollout with our carriers,” said Otto Schacht, Executive Vice President, Global Seafreight at Kuehne + Nagel. “Our corporate strategy is to move to electronic invoicing with the top twenty carriers in our top forty countries. By using INTTRA eInvoice, including Automatch, we have been able to increase efficiency and collaborate in a significantly more informed way with our carriers.”
As part of its global e-Invoicing rollout, Kuehne + Nagel required a solution to compare and match freight statements and invoice data from its carriers. Previously, this required significant manual effort since freight statements include different identifiers that are not easily matched to final invoices. Kuehne + Nagel can now speed and simplify this process by using INTTRA Automatch to electronically compare freight statements with corresponding invoices, and automatically initiate disputes based on pre-established rules.
“By using INTTRA eInvoice’s Automatch intelligence, we’ve proven that an accruals-based freight forwarder can use technology instead of manual effort, no matter what the volume, to match and track invoices,” said Wai Wong, Vice President of Seafreight Processes, Systems and Training for North America at Kuehne + Nagel. “Now with INTTRA Automatch, we’ve uncovered the opportunity to clean up our data at the source as well. All of this contributes to improving the rate of invoices that can be automatically matched and processed with confidence.”
“Our long-standing relationship with Kuehne + Nagel illustrates what’s possible with INTTRA eInvoice and Automatch. The world’s top freight forwarders, carriers and shippers are demonstrating how the benefits of e-Invoicing can extend beyond cost reduction, and also drive greater speed, accuracy and customer satisfaction,” said Ken Bloom, CEO of INTTRA. “INTTRA looks forward to playing a key role in Kuehne + Nagel’s progressive e-Invoicing initiative and working together to accelerate global adoption of this much-needed technology.”
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