Global Leader in
Freight Audit & Payment

VTM is a global leader in comprehensive freight audit and payment solutions. Shippers of all sizes worldwide trust VTM to streamline their transportation through cost-saving insights and actionable analytics.

Get a Free Demo

Global Leader in
Freight Audit & Payment

VTM is a global leader in comprehensive freight audit and payment solutions. Worldwide shippers of all sizes trust VTM to streamline their transportation spend through cost-saving insights and actionable analytics.

Your Trusted Freight Audit & Payment Partner

Helping Businesses Ship Smarter for 29+ Years

Since 1995 Virtual Transportation Management provides comprehensive, cost-effective solutions to manage your transportation spend data and carrier billing activities. Our innovative, cloud-based TRANSWARE™ platform supports our expert decision-making models. VTM services include freight bill audit & payment, pre-shipment rating, freight accrual reporting, freight claims management and especially customized analytics supported by TRANSWARE™.

Solutions Optimized
for Shippers of All Sizes

VTM leverages the power of automation and expertise to customize your freight audit, payment and reporting process. Timely, accurate and reliable transportation information supports your supply chain decision making.

Seamless Support for
Freight Carriers of all Modes

VTM provides real-time invoice payment status to your carriers. We utilize Electronic Data Interchange (EDI) with your carriers whenever possible. Over 90% of our transactions processed are EDI transaction sets.

Maximize Savings and Eliminate Invoice Errors

Save 200% – 400% of Your Processing Fees

1 in 4 of your freight invoices have accuracy issues. How much are they costing you?

VTM utilizes advanced pre-payment audit controls to eliminate errors and correct carrier billings prior to requesting funds from our clients. These tight audit and funding controls, coupled with active credit terms management of your carrier payments, allow you to practice precise transportation cash management controls.

We are Virtual Transportation Management (VTM)

Your New Partner in Freight Audit, Payment and Analytics

Freight Accounting

VTM validates invoices and allocates charges to your general ledger in real time for timely spend reporting. VTM generates your G/L codes utilizing in-house AI programs.

Freight Audit

TRANSWARE™’s audit engine identifies rate errors, extension errors, weight errors, incorrect carrier selection errors and service level errors prior to the funding and payment process.

Audit Solutions

Real Time Shipment Rating

TRANSWARE™ tools provide pre-shipment planning, bill of lading rating, rate comparisons and service level review tools to ensure you have chosen the proper carrier prior to tendering each shipment.

Rating Solutions

Carrier Payments & Cash Management

Make payments based on your negotiated credit terms. Fund VTM only when your bills are due to be paid. VTM’s online platform and payment helpdesk keep your carriers informed of payment status.

Payment Solutions

Loss & Damage Claims Management

Streamline freight claims preparation, status, tracing, collections and reporting to support the retrieval of monies due your organization.

Claims Management

Reporting & Analytics

Build and send custom reports with actionable KPIs and insights from our highly normalized TRANSWARE™ database to your colleagues.

Reporting & Analytics
0 Million+
Invoices audited & paid
0 Billion+
Funds distributed
0+ Years
Serving happy shippers
0% of Spend
Savings & recoveries

Industry Pioneers Since 1995

Since 1995, VTM continues to provide industry leading freight audit and payment services with innovative solutions that enable our clients to manage their transportation costs, optimize efficiency, and gain valuable insights into their supply chain operations.

Tom Sack and Scott Shearon have worked together since 1985 as officers of Chase Trans Info (a subsidiary of The Chase Manhattan Bank). In 1989, we bought Chase Trans Info (CTI) from The Chase Manhattan Bank. After growing CTI Logistics, we presided over its sale in 1994. The next year, we formed Virtual Transportation Management Inc. (VTM).

Many of our team members have been with us through key industry developments like Electronic Data Interchange (EDI), Electronic Rating, Cloud Dashboards, Document Imaging, Online Reject Resolution, and Foreign Currency Payments. We understand the demands of large clients and share our expertise with customers of all sizes. The controls we have built continue to evolve and serve many markets. SEE THE DIFFERENCE, when you receive the input and attention you deserve.

Leading Freight Audit & Payment Services

As work evolves into a network of activity, businesses require innovative solutions and stable processing platforms that leverage experienced professionals and their expert systems.

VTM offers market driven tools demanded by our clients, supported by our experienced staff and delivered to the marketplace as part of the VTM service commitment.

VTM TRANSWARE™ tools and best practices include:

  • Bill of Lading Match
  • Freight Accrual Reporting
  • Touchless General Ledger Coding
  • Extensive Electronic Data Interchange (EDI) utilization
  • Freight Rating for Accruals and Planning
  • Cloud Data and Image storage
  • Secure multi-Currency electronic payments (Wire Transfers and ACH)
  • Active Credit Terms Management
  • Online Exception Management
  • Self-Serve Reporting and interactive Dashboard Analytics

Providing World-Class Freight Analytics

VTM internal tools and controls have led to the development of our client facing platform, TRANSWARE™. Our recent upgrade and addition of tools to TRANSWARE™ provides VTM clients the ability to manage their transportation data, control carrier spend and share actionable analytics within their organization. TRANSWARE™ Features include:

  • Shipment Rating
  • Accrual Reporting (real time)
  • Data and source image linked
  • Online Exception Management
  • Carrier Proof of Payment Support
  • Custom Dashboards
  • Standard and Custom Reports

SEE THE DIFFERENCE, SCHEDULE A DEMO TODAY

Ready to Start Saving on Your Freight Spend?

Connect with VTM to Schedule Your Free Demo

Trusted By Industry Leaders

Automotive

Biotech

Building Supplies

E-Commerce

Electrical Supplies

Food

Packaging

Technology

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Why do you need a freight audit & payment partner?

Logistics is evolving. The role freight audit & payment partners play for modern shippers is evolving too.

No matter who you are, we’ve got you covered.

You have unique requirements and we have a unique solution and approach.

No Code Integration

Integration has never been easier. Our plugin kits and APIs make sending and receiving data with your existing systems a breeze. Most of our clients find they need little support from their IT team in an implementation with VTM, but if we do, VTM will work around your IT team’s resources to drive your implementation.

Flexibility

VTM is proud to offer best-in-class capabilities, but our solutions are never one-size-fits all. Our solutions are flexible and adapt to your unique requirements at every step in your process, and you can still leverage VTM’s expertise when needed. Get the support and experience you and your carriers deserve.

Our Solutions Solve Real Problems

Accurate Accruals & Cost Visibility

Accurately accruing costs for shipments is one of the biggest challenges for shippers of all sizes. To produce accurate accruals, there are a lot of moving parts but VTM’s expertise and tools can help simplify the process and drive better results.

More Accurate Accruals & Cost Visibility Benefits The Whole Team

Learn about how a national shipper of industrial materials & supplies took advantage of our easy integration process to get accurate shipping costs upfront and make planning easier for all of their teams.

10 minute read

Quick & Easy Onboarding
Analytics Deep Dive
Transware for Freight Audit Payment Image
Least Cost Carrier Insights

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