How To Choose the Best Freight, Audit, And Payment Provider for Your Business
Introduction
Freight, Audit, and Payment providers are companies that provide services related to freight and supply chain management. These companies can help you manage your business' inventory, payments, and other activities related to logistics.
Is the freight audit and Payment provider a logistic or supply chain partner?
A freight audit and payment provider is a logistic or supply chain partner. Logistics partners are companies that specialize in managing the movement of goods from point A to point B (i.e., the “logistics”). Supply chain partners are companies that specialize in providing products and services for businesses who move large volumes of goods on a daily basis (i.e., “supply chains”).
While there are benefits to both types of partnerships—the former being more scalable than the latter—it's important to understand what each does differently so you can make an informed decision about which one might work best for your business' needs.
What are the benefits of a Freight, Audit, and Payment provider for your business?
In a nutshell, the benefits of a freight audit and Payment provider for your business are:
- Reduction in freight spend
- Enhanced visibility within your supply chain
- Access to actionable, insightful data to assist in decision making
How can you find a reputable company for your company's needs?
- Experience is important, look for a company that has a successful history of providing these services
- The provider should be able to support you globally
- Look for a company that is honest and transparent in their business dealings and dealings with you, the client or customer.
- You should also look at how they handle payment on your behalf, as this can be one of the most important factors in choosing an audit or freight provider.
What does it mean to have a freight audit and payment provider?
At Data2Logistics, we firmly believe accurate invoicing is the key to better carrier-shipper partnerships and smarter freight spend management. Our robust processes drive efficiency and accuracy vs. simply searching for errors. Besides providing global automated invoice processing for all modes of transportation, we guard against further errors by pairing our auditing solution with the trained eye of an experienced auditor. We are proof that shippers can live in the best of both worlds, striking a balance between human and machine intelligence, between speed and precision.
Conclusion
Freight, Audit, and Payment providers can provide a wide range of services to help companies succeed. They can help your company reduce costs by providing customized solutions that are designed specifically for your needs. They also offer services like freight management, risk management and financial analysis to help manage your business more efficiently.
Data2Logistics has a dedicated “Professional Consulting Services” team that can help you identify opportunities across all modes. We provide various services such as data metrics/analytics, market studies, carrier strategy/negotiation, etc. For more information, please contact Dan Leva at [email protected] or 973-222-5882.