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Wednesday, August 10, 2011 INTTRA launches automated invoice comparison and dispute system for ocean freight Shipping industry e-commerce provider, INTTRA, announced it has developed what it claims is the ocean freight sector's first automated invoice comparison and dispute initiation system. According to INTTRA, its new Automatch product eliminates the need for manual invoice verification, by identifying and initiating invoice disputes automatically using "configurable" business rules established by the shipper. INTTRA said in a statement that through customer feedback and related intelligence gathering, it learned that at least 25 percent of all invoices in the ocean freight industry are disputed, creating several extra hours and potentially hundreds of dollars per invoice to manually process invoices to detect discrepancies, and initiate and manage the dispute. INTTRA claims its Automatch makes the process nearly instantaneous, reducing dispute management costs and increasing accuracy and transparency to the shipping partners. The INTTRA Automatch works with the existing INTTRA eInvoice dispute management module to match carrier invoices to shipper freight estimates, the tech firm said. More Newswire stories Report: "Intelligent" transport sector valued at $48 bil; projected to grow through 2015 Union Pacific begins construction on $400 mil inland port rail facility in New Mexico Survey: Up to 675 containers lost at sea each year Federal-level CIOs to get more power	Click to browse past stories on these topics: Logistics Ports & Infrastructure Economic Outlook Environmental Impact Technology
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INTTRA launches automated invoice comparison and dispute system for ocean freight