How can freight audit and payment providers make your business more efficient?

There are three fundamental aspects to freight audit services:  

• Finance: In logistical operations billing inaccuracies often crop up between the shipper and the carriers, due to a number of factors such as the complexity of contracts, transportation and warehousing methods, and the number of parties and shipments involved. Freight audit can find and eliminate these inaccuracies, saving companies from overbilling and seriously reducing expenses. This not only allows for a better ‘bottom line, but also improves the financial health of any logistical operation. To learn more about how to generate cost savings with Freight Audit, check out this infographic. 

• Data and analytics: Innovative freight audit providers who use software and high-level business analytics, not only reduce client expenses they also provide a clear understanding of their own logistics. This empowers businesses by demonstrating how to optimise operations and improve control over their own logistical operations and relationships. 

• Customer support: This is a fundamental feature of any freight audit provider, however, it differs according to the technological nature of the company. High-tech freight audit firms can not only support customer requests, but they also offer custom-tailored solutions, based on the unique nature of the logistical operations of the client. 

How freight auditing saves money

Freight auditing saves money by identifying errors, optimising costs and improving logistics operations. In essence, what this means is simply checking your receipt after you’ve purchased something. You wouldn’t buy a new sofa without checking the receipt afterwards, would you? When it comes to business, it can be hard to check and verify every little detail due to various factors, such as the complexity of contracts, transportation and warehousing methods and the number of parties and shipments involved. Freight audit can help find the discrepancies hidden amongst the chaos, saving on costs for your company.

What kind of freight audit technology does Transporeon use?

Transporeon offers a suite of freight audit technology and innovative services. These cover:

• ocean, road, air and rail audit

• parcel audit

• warehouse cost management

• rate management

• freight tendering

• business intelligence and more 

We provide these services using advanced software, cloud platforms and convenient stand-alone tools.

How to choose the right FAP

Choosing the right FAP for your business is a crucial decision because they’re going to be there alongside you as you grow your company. In fact, the right FAP partner will help you grow your business. Here’s what to consider:

• Assess what you need: Do they operate in the same region or regions as you? Can they support your level of shipments? Are they experienced in managing shipments with multiple carriers?

• Look for key features: Do they offer automation, error detection, payment management, reporting and analytics, or customisation options?

• Expertise: Do they have experience in your industry? Do they already have relationships with the carriers you use? If you ship internationally, does the FAP have knowledge of customs, duties and compliance?

• Scalability: Are they able to grow alongside your business? Are they flexible and able to adapt to changes in your business as you grow?

• Transparency: Are they clear on their prices? Do they have a robust system in place to protect your data?

• Testimonials: Check for recent reviews and case studies involving this FAP.

You can customise the freight audit and payment process to your needs. All you have to do is choose the right provider.

How Transporeon can help you with freight auditing

At Transporeon, we help businesses with freight auditing by offering a range of tools designed to automate the process.

• Our software is capable of handling a large amount of invoices.

• No need to worry about human error with our automated and data driven invoice-verification solutions.

• We help prevent delays, but if something does go wrong, our platform manages disputes.

• With real-time data integration, you know what invoices are due and what the rates are.

• We take all the time-consuming work off your hands with our automated software and freight auditing technology. You focus on doing what you do best.

• Our platform is encrypted and built in compliance with data protection standards. So you don’t need to worry about the safety of your data.

Choosing an FAP like Transporeon to manage your freight auditing saves you time and money that you can be investing back into your company to keep it growing. Cutting down on manual work, reducing or preventing errors and delays, streamlining payment processes and cutting costs make your business more efficient. What’s not to like about that?