by Eric Krueger | Jan 7, 2025 | Blog, Supply Chain Management Software
In the fast-paced logistics industry, saving time and money is crucial. Supply chain optimization is vital for Third-Party Logistics providers and freight brokers. They are always looking for ways to make their operations more efficient and reduce costs. Navix offers...
by Eric Krueger | Dec 26, 2024 | Automation, Blog, Cash flow, DSO, Freight Audit & Invoicing
Minnetonka, MN, December 26th, 2024 – Navix, a leader in AI freight audit automation, is excited to announce its new partnership with TextLocate, a pioneer in automated technology that provides seamless real-time communication with truck drivers via SMS and an...
by Eric Krueger | Dec 4, 2024 | Blog, Carrier Satisfaction, Cash Conversion Cycle, Cash flow, DSO, Freight Audit & Invoicing, Invoicing, Technology
Freight audit and invoicing is the process of verifying carrier and shipment charges against contracted rates, accessorials, and proof of delivery before an invoice goes out the door. Done well, it catches billing errors before they become payment disputes, protects...
by Eric Krueger | Nov 26, 2024 | Automation, Blog, Cash flow, Data, DSO, Freight Audit & Invoicing
Any freight broker, carrier, or third-party logistics provider (3PL) knows that a standard part of their business is the freight audit and invoicing process. While a necessary part of any business operation, it has yet to be known for simplicity. In fact, for many...
by Eric Krueger | Nov 19, 2024 | Accounts Payable, Blog, Cash Conversion Cycle, Freight Audit & Invoicing, Invoicing, Software
Freight brokers and third-party logistics providers (3PLs) understand that attention to detail can be the difference between revenue growth and staying flat as a business. In a tough market where margins seem slimmer by the day, business leaders are feeling the...