Retail Payment System™ (RPS)
BearWare’s Retail Payment System (RPS) helps shippers achieve complete control of their carrier payment process. It eliminates costly freight payment errors and losses due to process flaws and pays carriers the correct amount the first time. The self-invoicing feature of RPS eliminates carriers’ preparing and sending invoices, and excess auditing and workflow between a shipper’s accounts payable and transportation departments. There is also no need to engage costly third-party freight payment services.
RPS is a Windows-based, network-aware application that sits behind a shipper’s firewall thereby eliminating the transmission of rates and/or financial data across the internet or outside of your organization. Working with data collected by BearWare’s RDS system and confirmed using BearWare’s webTMS system, all load and carton level ASN, inbound, outbound, and delivery data is pulled down from the webTMS database into RPS.
RPS provides shippers with the flexibility to pay its third party pool distributors on a per carton, per 100# using deficit rating (with or without minimums), flat delivery charge or a rate schedule particular to a shipper. Paid by shipping week, the shipper can choose to pay off the total weight or total cartons presumed shipped to a pool distributor, off the total cartons or total weight consolidated for individual deliveries regardless of the source of those cartons (DC to Store, DC Bypass, released from Hold, off-site consolidator or Vendor Direct), or based on the total cartons or total weight of the actual delivery.
Further, RPS allows you to pay all of your outbound transportation providers out of a single system: linehaul, 3rd party pool distributors, parcel companies, air freight forwarders, and expedited service providers.
Rate analysis can also be conducted based upon actual freight volumes and payments to spot trends, identify savings, and forecast costs. Carriers can tender rate proposals which can be run against historical data to provide accurate freight cost comparisons.