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Parcel Cost Variance
Catch and correct overspend by comparing actual shipping costs against budgeted costs in real time.
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Expected Parcel Costs
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Actual Parcel Costs
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Parcel Cost Variance
PARCEL COST VARIANCE
Savings are just a few clicks away.
Dashboards provide everything from an executive overview
to drilling down by individual invoice or shipment.
PARCEL COST VARIANCE
Quickly View Shipping Costs.
Get shipping cost details down to the package level in real time to match what was planned versus what was invoiced to quickly determine the cause of unexpected fees or surcharges.
PARCEL COST VARIANCE
Total Expected Cost vs. Invoiced Amount.
Quickly compare your total expected costs to actual invoiced amounts—by both value and percentage—along with order counts and customer billing totals.
Get a comprehensive overview of your parcel spend or drill down to package-level details to identify the source of unexpected costs in fewer than five clicks.
PARCEL COST VARIANCE
Manifest Data & Carrier Invoice -Together in One Spot.
Carrier manifests provide critical data—but is your business using it to its full advantage? Without the right software to integrate invoices and manifest data, you risk wasting hours searching for discrepancies.
A manifest alone only lists your shipments. By merging it with carrier invoices, you uncover insights that lead to significant cost savings.
Benefits
Parcel Cost Variance provides shippers instant visibility
to unexpected parcel costs.
to unexpected parcel costs.
Manifest and invoice data
in one spot.
in one spot.
Clear visibility of
costs.
costs.
Actionable insights
at a glance.
at a glance.
Ability to make an immediate
impact on EBITDA.
impact on EBITDA.
Minimize unexpected
costs.
costs.
Identify trends in
shipping costs.
shipping costs.
Frequently Asked Questions
Why is Parcel Cost Variance an Add-On?
Parcel Cost Variance is an add-on to your Parcel Spend Intelligence subscription. Our Parcel Spend Intelligence is an industry-leading software helping shippers optimize their parcel shipping. Some shippers don’t need parcel cost variance because they don’t print shipping labels, while others might struggle to recover the data to make it worth their money. This is why we make it optional for you.
Parcel Cost Variance must obtain data from the shipper and requires additional resources, so it does require an integration fee, as well as a slight increase in your subscription cost.
Where does Parcel Cost Variance get its data?
Parcel Cost Variance can connect to most online shipping systems (TMS, parcel shipping systems, etc.) and get the data needed directly from that system. You can also manually send the data to Parcel Spend Intelligence via email or data drop if you do not have an online system.
I ship mostly with FedEx, do I need Parcel Cost Variance?
Parcel Cost Variance provides the greatest value to FedEx shippers. FedEx does not provide the quoted package price on their final invoice. This means that some shippers aren’t even aware their final price is significantly higher than the quoted shipping cost.
With Parcel Cost Variance, shippers can expose packages that were billed incorrectly by FedEx and be able to compare what the carrier quoted and what the carrier eventually charged.
I ship mostly with UPS, why would I want Parcel Cost Variance?
With UPS, Shipping charge corrections show a significant amount of variance, as UPS begins billing at the point of package pick up. Not all variance is easy to see, such as residential surcharges that get added, nor does UPS give you entered dimensions on every package shipped, just that the packages were adjusted.
Parcel Cost Variance provides UPS shippers with the best tools to expose variance on a package-by-package level, as well as collects additional package characteristics not provided by UPS in their invoice. This can shippers make smarter decisions on future shipments, as well as implement changes to prevent unnecessary additional costs.