by Chelsey Reynolds | Nov 19, 2024 | Accounts Payable, Blog, Cash Conversion Cycle, Freight Audit & Invoicing, Invoicing, Software
Freight brokers and third-party logistics providers (3PLs) understand that attention to detail can be the difference between revenue growth and staying flat as a business. In a tough market where margins seem slimmer by the day, business leaders are feeling the...
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 Tom Schubert | Feb 15, 2024 | Blog, Carrier Satisfaction, Cash Conversion Cycle, Cash flow, DSO, Freight Audit & Invoicing, Invoicing, Technology
Freight auditing and invoicing is an essential part of the logistics process that helps to ensure that transportation costs are accurately billed and processed and that your clients are getting the best value for their shipping dollars. While freight auditing and...
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 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...