These capabilities are collectively referred to as the “EDI round trip process”. Freight Bill, Audit and Pay Providers should demonstrate the three basic EDI processing capabilities, which are electronic invoicing, electronic invoice adjustment submission, and electronic payment remittance.To protect confidential data such as shipping patterns, contract agreements, contact information, commodity descriptions, and other information that is transmitted or that could be derived from a data breach, customers should require proof of cybersecurity insurance with a minimal annual coverage of $10 million by an A rated provider.FedEx recommends the following criteria for customers seeking to use a Freight Bill, Audit and Pay Provider to audit their invoices, process payments and remit payment details, and manage disputes:
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