refund

Received a package late? Request for a refund for late deliveries

by BlogTSM Services

In the U.S., Parcel deliveries get delayed by about 3-5% on average. Not to mention, 51% of the customers want a refund if a package arrives late. As a result, shippers face customer complaints that can affect their business in the long run.

Shipping carriers do not make it easy for shipping companies to receive refunds with complex request procedures. To make the refund process more efficient and convenient for customers, shippers need an easy way to get refunds. In this blog, we will explore the process for receiving refunds from shipping carriers and why partnering with Audintel is an advantage for shippers.

The Refund policy of shipping carriers

Different shipping carriers have different refund policies for late parcel deliveries. Shipping carriers promise to deliver packages on time with a refund policy in place for delayed shipments. The refund policy is also known as a money-back guarantee. The policy states that if there is a delay in parcel delivery by a minute or more, the shippers can get a refund on request.

How to receive a refund for late deliveries

To begin with, shippers must identify the delay in parcel delivery. This is an intensive process where the company needs to track each parcel delivery for any delays. Further, refund requests need to be submitted individually for each delayed delivery. Usually, there are two ways of submitting a refund request.

  • Contacting the shipping carrier’s customer service hotline

OR

  • Logging on to the carrier’s online Billing Centre for customers with payment accounts

For different services, shippers have to contact separate customer care numbers.

The time frame for filing a request to a refund for late deliveries

A request for a refund should be within 15 calendar days from the invoice date or from the scheduled delivery date.  A refund request for USPS’ Priority Express Mail has to be within 30 days from the mailing date. Further, a form needs to be filled manually along with document submission.

Documentation to request for a refund for late deliveries

The documents required to request a refund are:

  • Tracking number
  • Scheduled delivery date and time
  • Origin and destination ZIP codes

The refund does not include taxes and fuel surcharges. Shippers have to pursue the matter with the concerned shipping carrier to make sure the refund deposit is in the correct account. The approval of a refund is subject to exceptions made by shipping carriers.

Delivery exceptions posed by shipping carriers

Some of the delivery exceptions are:

  • Shipping carriers providing evidence of timely delivery
  • Weather delays and natural disasters
  • A wrong or damaged shipping label on packages
  • Incomplete addresses
  • Recipient not available at the address
  • Custom delays due to improper documentation

These exceptions may be issued when there is a delay in a package. Shippers have to take responsibility when these exceptions occur to preserve customer relationships. So, the entire process for a refund is tedious for a shipping company. More so, if the shipper has thousands of packages shipped daily. To manage this mammoth task, shippers need experts to help them in the refund process. An audit company like Audintel will help shippers in the refund process.

Advantage of partnering with Audintel

Audintel saves close to 2-5% of a client’s shipping spend by making the entire refund process transparent and efficient. Shippers are in complete control of their profiles while Audintel’s software automatically monitors the shipments. On top of it, Audintel has a call center where they call on the packages which are denied in the automatic refund process. Audintel’s dashboard is intuitive and tracks all shipments in real-time as Audintel’s team reviews the invoices for each shipping carrier. We submit refund requests on a client’s behalf. The client receives the refund amount in their account. Partnering with Audintel is vital for efficient shipping operations.

Conclusion

Parcel delivery refunds are a time-consuming process for shippers. Claiming refunds for late parcel deliveries from multiple carriers is tedious. Experts like Audintel help shippers in saving time and money. Audintel provides excellent support to a client’s supply chain capabilities. We help in reducing shipping costs by requesting refunds whenever there is a delay. For overall efficiency, contact Audintel to audit shipments for you. For further details, write to us at info@audintel.com or please visit our Audintel website or contact us at +1 (619) 354 8539.

getrefund

How to get a refund for late deliveries with FedEx Money-Back Guarantee?

by BlogTSM Services

Customers expect shipment deliveries on time. If a delivery is delayed, customers may not order from the shipper again. Sometimes, they may not even raise a complaint but shippers may lose revenue and the trust of customers. Did you know that shipping carriers, such as UPS and FedEx, give a refund for late deliveries on request? If not, then read on and get to know about refunds given by FedEx, such as the FedEx Money-Back Guarantee.

What is FedEx Money-Back Guarantee?

FedEx is a multi-national parcel carrier that promises on-time delivery of packages. If a parcel delivery is delayed by 60 seconds or more, they promise a 100% refund on shipping charges. This refund policy offered by FedEx is known as FedEx Money-Back Guarantee (MBG). It is for small parcel services (Ground and Express) and is initiated only on shippers’ requests.

Requirements to avail FedEx MBG

The shipments that have an exact delivery commitment time are entitled to refunds. To avail FedEx Money-Back Guarantee, shippers need to provide information such as:

  • Tracking number
  • The date of shipment
  • Origin and Destination of the shipment
  • Schedule date time
  • Delivery date time

The submission of the claim should be within 15 calendar days from the invoice date.

How does Audintel submit claims for FedEx MBG?

Audintel is the right logistics partner to make refund claims easier for you. Audintel automatically uploads the data taken from clients into its state-of-the-art auditing software. Audintel’s software monitors the scheduled date and delivery time of the packages. On behalf of their clients, Audintel identifies if a package is on time or late.

Further, a request is made to FedEx for Money-Back Guarantee in case of late deliveries. The refund request is through FedEx Billing Online or the invoice adjustment feature at fedex.com.

Money-back Guarantee for FedEx service failure

FedEx has to refund shippers’ transportation charges when there is a service failure. The refunds are given only on request. There is no commitment for delivery of shipments on which there is a suspension of FedEx Money-Back Guarantee. The conditions under which shippers are eligible for FedEx Money-Back Guarantee are that FedEx has to refund or credit transportation charges on request. This refund is applicable if a package gets delivered in 60 seconds. Or later than the committed time for a particular destination. There is one refund for each FedEx package delay.

A request for Money-Back Guarantee should include the FedEx account number, airway bill, tracking number, weight of the package, the shipment date, and receipt’s name, address, and ZIP code.

Audintel receives refunds for its clients from the shipping carriers. The refund gets seamlessly credited into the client’s accounts. Audintel shares the refund amount with the client after charging a nominal commission fee.

Exceptions to FedEx MBG policy

FedEx Money-Back Guarantee has certain exceptions. FedEx will not provide refunds due to these exceptions. The exceptions are:

  • Customs or regulatory delays due to errors in documentation
  • Undeliverable or Ground returned packages
  • FedEx package with an incorrect address
  • Shipments containing dangerous goods or dry ice shipments
  • Non-payment of duties and taxes before customs clearance or at delivery
  • Incomplete recipient information
  • Oversize or unauthorized packages
  • Unavailability of eligible persons to accept the delivery or sign the package
  • Shipment on Wednesday before Thanksgiving and seven calendar days before Christmas

To get FedEx MBG, trust Audintel

Many shipping companies do not realize that they lose money by not claiming FedEx’s Money-Back Guarantee. Audintel processes the claims for shippers and helps in getting FedEx MBG. An automated audit system at Audintel monitors FedEx packages for late deliveries.

We help our clients in getting refunds. Audintel’s interactive dashboard displays the refund process, which is easily visible to clients. The requests for refunds are within the stipulated time. We save 3-5% shipping costs every month for clients with FedEx MBG. Our clients trust us to get FedEx MBG without any hassles.

To sum up

Shippers must save money wherever possible. Shipping carriers like FedEx do not give refunds for late deliveries unless requested. Busy shipping companies may find it a hassle to keep track of late deliveries, losing revenue in the process. Audintel helps solve the difficulties of these shippers. Using Audintel’s automated software, clients get FedEx MBG for late deliveries. For further details, write to us at info@audintel.com or please visit our Audintel website, or contact us at +1 (619) 354 8539.

Mover,Guy,Holding,Cardboard,Gesturing,Being,Late,Looking,On,Wrist

How late shipments could impact shipper’s KPIs

by BlogTSM Services

Overview 

Late shipments are something that shippers should be paying attention to. Shippers have to take necessary action steps to improve their KPIs and cut down costs.

What will you know from this article

  • An overall insight into how to identify late shipments and the need for identification, through market research.
  • Financial impact on shipment costs.
  • How to submit claims to carriers.
  • The role of audit firms in the identification and submitting claims through a variety of software tools.

How can Audit firms help the shippers

We will discuss the need for shippers to make a strategic decision whether to go with audit firms or not. Lastly, we shall talk about the audit firm’s add-on services offered, compensation models, and how firms deploy security measures to protect the confidentiality of sensitive customer information.

We hope this article surely helps you to take your current business to the next level just by implementing some of the best practices discussed in detail below.

Let’s deep dive on, what are late shipments and how would you identify a late package?

In the current context even if we try to know we cannot find out if the package is delivered on time. Most of the time, it is very difficult to identify, and this is where the tools come into the picture. The best-in-class tools produce the best result.

What is the need to identify late packages?

  • For explanation purpose, we would like to categorize the reasons into two: First and foremost is the performance of a company depending on how well they are satisfying their customers. Customer satisfaction depends on a better price, quality product, and product on-time delivery. On-time delivery plays a pivotal role in the success of a company. But identifying the late packages is one of the KPI for the company’s growth.
  • The second reason is the huge unimaginable revenue potential. Most of the carriers offer GSR (Guaranteed Service Refunds) for shipments not delivered on time. If in case they don’t fulfill the promise, the carrier would offer a refund on shipping charges. However, they just don’t refund the money just like that. There is a process built around for claiming for refunds, on which this article is built upon.

Submitting Claims for late shipments:

The main catch for submitting the claims is, these usually have to be submitted within 15 calendar days of product delivery or invoice date. Usually, most companies simply don’t have time to pursue these. The majority of shippers don’t even realize that they are leaving money on the table. This is because any shipment if delivered even a minute late to committed time is considered late. The shipper is entitled to a refund for such late shipments. Research reveals that Late shipments recoveries can recoup up to 3% of shipper’s costs. However, handling these claim submissions is a little time-consuming. It involves identifying the late packages, process them in the system and submit for claims. This is where audit/recovery firms come into the picture.

Role of Audit firms :

Audit firms analyze each package, identify late packages using their software tool, and submit claims on the behalf of the shipper. They just charge a contingency fee based on the savings made. The percentage of recoveries generated by shippers versus audit firms varies significantly as audit firms have processes in place, complete domain knowledge, tools in place, and manpower to implement. The higher percentage of credit received depends on the proficiency of the audit firm.

How Audintel can help you :

AUDINTEL is a one-stop solution that delivers a secure small parcel audit platform by using proprietary Artificial Intelligence (AI) to drive predictive analytics, hosted by Amazon Web Services (AWS), the best in class cloud hosting provider. AUDINTEL’s 36-point parcel audit is the most proficient auditing process currently available, and its ability to maximize credits from your carriers is very unique. AUDINTEL’s small parcel audit disputes all eligible late deliveries and any other mischarges tied to the package. For further queries, please reach out to info@audintel.com.

Shipper’s decision-making evaluation:

Depending on the volume of shipments, a shipper can approach the audit firm for helping them in recovering the percentage of their costs. After thorough market research, the shipper should be finalizing the company. It constitutes a team with an immense knowledge base and has shown proven results. Audintel has a fully automated monitoring system and has security controls in place. The client’s shipping data consists of customer names and addresses and hence should be kept confidential.

On the same lines, Shippers should also be checking on add-on services offered by the audit firms to justify the cut offered. Add-on services may include rate audit (whether the carrier is applying the correct rate and is not charging unnecessary surcharges), Audit platform access, reporting, and maintenance. The contracts between shippers and auditors may vary from shipper to shipper. The compensation plan may vary from gain share split/contingency basis to a flat rate per transaction, whichever suits the shipper.

Conclusion:

To conclude, customer service is of prime essence, a satisfied client means you are satisfied. Hence, it is highly encouraged for shippers to not sign a waiver on GSR with any carrier. Additionally, you ensure that you get refunds for late deliveries. For further queries, please visit Audintel or contact us at +1 (619) 354 8539 or mail to info@audintel.com.