How do you perform Rate Validation when a carrier quotes a rate in AscendTMS?

How do you perform Rate Validation when a carrier quotes a rate in AscendTMS?

• A. Ignore any mismatches and proceed with the carrier quote.
• B. Request the carrier to re-quote without escalation.
• C. Automatically adjust charges to match rate card.
• D. Compare quoted rate to rate card, verify surcharges, ensure no missing charges; escalate if mismatches.

Answer: (D)

Rate Validation is about ensuring pricing accuracy by confirming the carrier’s quoted amount matches the published rate card for the lane and service level, and that every surcharge or fee is properly included. Start by comparing the quoted rate to the base rate on the rate card, then verify all additional charges—fuel, accessorials, and any other fees—are present and correctly calculated. Make sure nothing is missing or duplicated. If any mismatch is found, escalate the issue for review rather than proceeding or automatically adjusting charges. This approach protects pricing integrity, prevents hidden or incorrect fees, and ensures both the customer and carrier are aligned with the agreed terms. Only when everything lines up should you finalize the quote.

Rate Validation is about ensuring pricing accuracy by confirming the carrier’s quoted amount matches the published rate card for the lane and service level, and that every surcharge or fee is properly included. Start by comparing the quoted rate to the base rate on the rate card, then verify all additional charges—fuel, accessorials, and any other fees—are present and correctly calculated. Make sure nothing is missing or duplicated. If any mismatch is found, escalate the issue for review rather than proceeding or automatically adjusting charges. This approach protects pricing integrity, prevents hidden or incorrect fees, and ensures both the customer and carrier are aligned with the agreed terms. Only when everything lines up should you finalize the quote.