Freight auditing is a crucial exercise for any company that manages logistics activities — especially if the business relies heavily on outsourced services. But there are several strategies for logistics auditing, and there can be dozens of solutions for any strategy a company chooses.
Our new ebook Freight Auditing Process & Solutions covers everything you need to know about freight auditing and how to get started, including:
- A crash course in freight audit and payment processes.
- How freight auditing saves time and money.
- The case for clean logistics data.
- What to look for in a FA&P provider.
- And more
If your company deals with a lot of freight, make sure you’re conducting effective freight audits.
Up to 5% of shipping invoices contain errors, which adds up quickly for companies that rely on shipping services. Common freight invoice issues include:
- Accidental double-invoicing
- Detention fees
- Shipper error
- And more
Freight Audit & Payment (FA&P) prevents costly errors by receiving invoices through an EDI, verifying the information, and responding accordingly.
There are three ways to handle FA&P: manually/internally, outsourcing, and third-party software applications. Each has its benefits, but each also has its limitations — from inefficient processes to unreliable providers. It’s important to know which approach is best for your organization, and which solution is best for your chosen approach.
For a complete discussion of FA&P, how to get started, how to choose a strategy and a solution, and more, download our new ebook Freight Auditing Process & Solutions.