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...
by Bryce Bernard | 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 Curtis Garrett | Nov 16, 2023 | Accounts Payable, Accounts Receivable, Automation, Blog, Cash Conversion Cycle, Cash flow, Freight Audit & Invoicing, Technology
When you speak to any executive that has been in the LTL market for two years or more, they will likely tell you that of the top five pain points in the industry, two are the following: Getting accurate information from customers Getting paid for services in a...
