SmartAudit Terminology Guide
As we transition clients to SmartAudit, several terminology updates have been introduced. These changes align with the system’s enhanced functionality and reporting structure. This guide serves as a quick reference to help internal teams translate new SmartAudit terms into the language clients are more familiar with.
Key Terminology Changes
|
SmartAudit Term |
Abbreviation |
Previous Terminology |
Definition / Client Explanation |
|
Client Business Unit Name |
Client BU Name |
Division |
Replaces “Division,” which was often shown as a number. Now displayed as a descriptive, named business unit for easier client identification. |
|
LTL Consulting Commission |
LTL Consult Comm |
Total Cost Management Savings Gainshare |
Represents the gainshare earned from total cost management savings identified during audit/consulting. |
|
Consulting Variance |
LTL Consult Var |
Total Cost Management Savings |
Reflects the total savings identified through cost management efforts before gainshare is applied. |
|
Overcharge Cost Avoidance |
Total OCA Comm |
Total Overcharge Commissions |
Indicates commissions tied to preventing or avoiding potential overcharges. |
|
Total Goodwill Credit |
— |
Disc Comm |
Represents overcharges where gainshare is not applied (credited fully to the client as goodwill). |
|
Pro Processed Amount |
Pro Processed Amt |
— |
The final amount an invoice was processed for after any adjustments or cutbacks. |
|
Pro Overcharge Amount |
Pro Overchge Amt |
Overcharge Variance |
The total identified overcharge amount on the invoice. |
|
True Cost |
— |
— |
The actual shipment cost, including all applicable AFS fees. |
How to Position These Changes to Clients
When communicating updates, keep the following guidance in mind:
- Reassure continuity:
Emphasize that while terminology has changed, the underlying services and value remain the same. - Focus on clarity improvements:
Many updates (e.g., BU Name vs. Division) are designed to make reporting more intuitive and easier to understand. - Translate proactively:
When speaking with clients, reference both terms initially (e.g., “Consulting Variance, previously known as Total Cost Management Savings”) to bridge understanding. - Highlight transparency:
Terms like True Cost and Pro Processed Amount provide clearer visibility into how charges and adjustments are calculated. - Data Security First:
As part of the SmartAudit transition, clients may notice that reports are now accessed via a secure link rather than being sent directly via email.
Quick Talking Points for Client Conversations
- “You may notice updated terminology in SmartAudit, these changes are meant to improve clarity and reporting transparency.”
- “What used to be labeled as ‘Division’ is now shown as ‘Client Business Unit Name’ for easier identification.”
- “Savings and commission-related fields have been renamed, but the calculations and value remain consistent.”
- “We’re happy to walk through any of these updates with you to ensure everything is clear.”
-
“You may also notice reports are now accessed via a secure link rather than email, this is part of our enhanced data security measures to better protect your information.”
Additional Notes
- Use this guide when reviewing SmartAudit reports with clients.
- Expect temporary confusion during the transition—consistent terminology reinforcement will help adoption.
- When in doubt, align new terminology with the closest legacy term for clarity.