05/10/2025
Treasure hunt
Freight auditing is not the most popular task, and many companies overlook it. But with extra effort, this exercise could reveal hidden treasures.
Data harmonization: With the freight audit, all data elements are structured and harmonized so that they match your logic. In addition, the different cost elements used by carriers and the complexity of the data sets provided by them can also be reduced.
A single source for data: The freight audit platform provides information on carrier data, rates, contracts, and logistics costs. In fact, it all goes through one system. No more expense leaks or lack of data visibility.
Clean data entry: If you’re going to bid freight, just run a report to retrieve the data from the freight audit platform and you’ll have a perfect baseline for any procurement event. Save time as well.
Clean data output: Finance will only receive correct billing data and accurate invoices. Payment will then become easier, and finance will spend much less time on logistics. Account coding will be automated.
Savings of 2-6%: Errors come in all forms and sometimes it is just a small error repeated several times or the old rates are applied. Eliminating these errors can lead to significant savings.
Possibility to improve other processes: Thanks to the freight audit, invoicing is easier, logistics does not have to touch invoices anymore and can focus only on exceptions and the ex*****on of tenders, which becomes easier.
On-time payment to the service provider: With the improved processes, carriers can receive their money on time, which is not always the case with non-audit processes. Carriers also have a better understanding of their own billing process.
Hold carriers accountable: During quarterly reviews with carriers, it becomes much easier to show billing errors and recover money in mistakes made and improve weak points based on clear data.
Contact us today to help you uncover hidden riches in your business.
