by Eric Krueger | Sep 18, 2023 | Blog, Cash Conversion Cycle, Cash flow, DSO, Technology
When it comes to growing your business, effective financial management can make all the difference. Two critical aspects that all freight brokers and third-party logistics providers (3PLs) should be focused on are optimizing cash flow and the cash conversion process....
by Bryce Bernard | Sep 7, 2023 | Blog, Cash Conversion Cycle, DSO, Freight Audit & Invoicing, Technology
In any business, cash flow is king, this is especially true for those in the logistics space. With the economic uncertainty and the impact that it has had on the freight market, it is imperative for every organization to improve their cash position. One...
by Eric Krueger | Aug 16, 2023 | Artificial Intelligence, Blog, Freight Audit & Invoicing, Real-Time Analytics, Technology
We recently had the opportunity to sit down with Kevin Ziegler, Chief Technology Officer for Navix. With over 20 years of experience in technology and the leader of our technology and development teams, we wanted to get his perspective on technology, AI and what the...
by Bryce Bernard | Jul 26, 2023 | Blog, Cash Conversion Cycle, Freight Audit & Invoicing, Technology
One of the things every business owner knows is that little things make the difference and that when you get the small things right, it often leads to positive and impactful outcomes. One of those things that many freight brokers and third-party logistics providers...
by Eric Krueger | Jul 19, 2023 | Blog, Carrier Satisfaction, Real-Time Analytics, Technology
There is no shortage in the amount of data that is available to third-party logistics providers (3PLs) and freight brokers that will help them make decisions. Being a data-driven business can often be a competitive differentiator. However, not all data has the same...
by Eric Krueger | Jul 13, 2023 | Artificial Intelligence, Blog, Cash Conversion Cycle, Freight Audit & Invoicing, Technology
As long as there has been a logistics industry, organizations have had the challenge of managing invoicing, auditing, and the cash conversion cycle efficiently. And, it seems as long as there have been these challenges, there have been some widely accepted myths in...
