Rising freight cost is an emerging area of concern as seen in recent years. The cost of freight has been rising due to the increase in oil prices and all freight cost is highly dependent on the cost of transportation which relates directly to fuel prices. With high fluctuations of fuel costs, low visibility of the future freight costs and high complexity of the freight quotes, freight cost verification are vulnerable to human and process errors, and this requires proper auditing to ensure that the organization does not overpay for services it did not incur.
An organization is daunted with the task of calculating the freight rates manually and this task can be challenging when the customer has hundreds of shipments shipped each month. Most organizations do not have the manpower to calculate all the freight invoices issued to them and at best, they perform random sampling to check if the sample invoice is billed correctly. Some organizations have the manpower to perform freight audit themselves, but the manual and tedious efforts required for a freight audit will usually end up much more expensive than an outsource vendor might be able to provide.
We meticulously audit every freight invoice to ensure your organization isn’t overpaying for services, safeguarding against human and process errors.
Our expert team identifies and recovers overpayments, ensuring you only pay for the services you’ve actually incurred, saving you money and enhancing financial accuracy.
We handle the complex and time-consuming task of freight cost verification, allowing you to focus on your core business while we manage accurate and timely payments.
