🗣️ “We probably don’t need this. We’re pretty efficient already” ❌ That’s the most common reaction when we speak about freight audit. And it’s understandable, explains VP of Product, Kevin Cordeiro in this latest opinion piece. That's because most companies haven’t seen the numbers, so they assume the margin for error is small. Half a percent, maybe one. And it's true, that’s not worth the effort. 👉 But what we’re seeing is closer to 5–8% across the board, depending on the quality of invoicing and the complexity of the contracts! Even when we offer to run a post-audit at no cost just to help companies see where things stand, the assumption is often that it won’t uncover much. But it does. Almost every time. The reason is simple: invoicing processes are messy, and the systems involved don’t talk to each other. Carriers push rate updates frequently. Contracts have rolling amendments. And invoices aren’t always mapped back cleanly to actual shipments. The ambition here is to improve archaic processes and systems. It’s about having the infrastructure to verify what's correct before the money leaves your account. Read More 👉 https://lnkd.in/erDRxuZy Find Our More 👉 https://lnkd.in/eFciv-ht CC: Amir Taichman Nir Alon Barak Cohen Tal Brown Stephanie Nevin Kennedy Matthews
Why Freight Audit Matters: A VP's Perspective on Efficiency
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2moInsightful piece on freight audit! Stephanie Nevin