by Eric Krueger | Jan 24, 2024 | Automation, Blog, Carrier Satisfaction, Cash Conversion Cycle, Cash flow, DSO, Freight Audit & Invoicing, Software
For any freight broker or Third-Party Logistics provider (3PL), selecting the right software to help manage the day-to-day operations of the business is pivotal to success. As a 3PL or broker, you understand the importance of efficiency and accuracy in your operations...
by Eric Krueger | Jan 8, 2024 | Artificial Intelligence, Automation, Blog, Carrier Satisfaction, Cash Conversion Cycle, DSO, Freight Audit & Invoicing
Here we are at the start of a new year and much like years past, the one thing that we can expect in the freight industry is change. As we head into 2024, there are some key trends that are shaping the industry and impacting the bottom line of freight brokers and...
by Eric Krueger | Nov 28, 2023 | Accounts Payable, Accounts Receivable, Automation, Blog, Cash Conversion Cycle, Cash flow, Data, DSO, Freight Audit & Invoicing
Data is arguably one of the most valuable resources that third-party logistics providers (3PL) and freight brokers have, but in many cases, little is being done to maximize the value that it can provide. The right data can help optimize operations, improve...
by Eric Krueger | Nov 7, 2023 | Accounts Payable, Accounts Receivable, Automation, Blog, Carrier Satisfaction, Cash flow, DSO, Freight Audit & Invoicing
Most freight brokers and third-party logistics providers (3PLs) are well aware of the slim margins that exist in the logistics business and that streamlining financial operations is key to organizational health. A key part of financial stability is managing accounts...
by Eric Krueger | Oct 26, 2023 | Blog, Cash Conversion Cycle, Cash flow, DSO, Freight Audit & Invoicing, Real-Time Analytics
Ask any executive in any industry and one of their primary goals is growth. The same goes for freight brokers and third-party logistics providers (3PLs). Even with all of the turbulence in the logistics industry, the logistics industry is still highly competitive and...
