by Wil Kratz | Aug 1, 2023 | Artificial Intelligence, Automation, Blog, Cash Conversion Cycle, Freight Audit & Invoicing
Virtually all freight brokers and third-party logistics providers (3PLs) understand the continual challenge of scaling their business while maintaining profitability. Traditionally, increasing business volume meant hiring more staff leading to higher overhead costs...
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 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...
by Eric Krueger | Jun 23, 2023 | Artificial Intelligence, Automation, Technology
How AI and Automation Are Transforming 3PL & Freight Broker Efficiency The world of logistics and supply chain management is rapidly evolving, with technological advancements driving unprecedented levels of efficiency and cost reduction. Among the most...
by Eric Krueger | Jun 13, 2023 | Blog, Cash Conversion Cycle, Uncategorized
The cash conversion process is a critical business operation for third-party logistics providers (3PLs) and freight brokers. However, this process is often fraught with obstacles that can negatively impact cash flow and ultimately be an obstacle to maximizing...
