Are there accounting controls set up in a brokerage?
A. The broker uses software to manage its pool of transportation providers. At the time a ride is scheduled, software is used to determine an approximate cost of the ride based on the providers’ rate. When the provider submits their bill, each ride must have an assigned ride number, and the system checks the rides within a range of total cost. The system will kick out rides that were billed at a significantly higher charge. If this happens, the provider must account for the additional charge or will not receive payment for that ride. In a brokerage, only authorized rides will be paid, and clients must be on-board for the provider to receive payment.