by Wil Kratz | Nov 13, 2024 | Artificial Intelligence, Automation, Blog, Cash Conversion Cycle, Cash flow, DSO, Freight Audit & Invoicing, Technology
Virtually every freight broker or third-party logistics provider is familiar with a Transportation Management System (TMS). A TMS is essential for business operations such as the optimization of routes, the selection of certain carriers, and the planning of...
by Wil Kratz | May 9, 2024 | Accounts Payable, Accounts Receivable, Automation, Blog, Invoicing, Proof of Delivery, Technology
Proof of Delivery is More Important Than Ever . . . Here’s Why. Proof of delivery (POD) is the bedrock of operational success for third-party logistics providers (3PLs) and freight brokers. With accurate proof of delivery, you can keep track of inventory and expenses...
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 Chad Selix | Dec 21, 2023 | Automation, Blog, Cash flow, Data, DSO, Freight Audit & Invoicing
Any freight broker, carrier, or third-party logistics provider (3PL) knows that a standard part of their business is the freight audit and invoicing process. While a necessary part of any business operation, it has yet to be known for simplicity. In fact, for many...
by Wil Kratz | Dec 12, 2023 | Accounts Receivable, Automation, Blog, Cash Conversion Cycle, Cash flow, DSO, Freight Audit & Invoicing
“To get our invoicing done, I was putting in at least 20 hours extra per week.” This is what one of our customers told me recently when we were discussing their approach to freight audit and invoicing. It is not the first time that I have heard this from a freight...
