by Eric Krueger | Sep 30, 2026 | Blog, Cash Conversion Cycle, DSO
Reducing DSO in freight means compressing the time between a delivered load and a clean, documented invoice sitting in the customer’s AP queue — then defending that invoice against disputes. Days sales outstanding (DSO) measures how long revenue sits in receivables...
by Eric Krueger | Feb 18, 2025 | 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...
by Wil Kratz | Dec 12, 2024 | Artificial Intelligence, Blog, Cash Conversion Cycle, Freight Audit & Invoicing
The cash conversion cycle is an important process for any third-party logistics provider (3PL) or freight broker that wants to improve their financial health. However, in many organizations, the focus on this key area of performance is often left to the CFO and their...
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 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...
by Wil Kratz | Nov 13, 2024 | Artificial Intelligence, Automation, Blog, Cash Conversion Cycle, Cash flow, DSO, Freight Audit & Invoicing, Technology
Virtually every freight broker or third-party logistics provider is familiar with a Transportation Management System (TMS). A TMS is essential for business operations such as the optimization of routes, the selection of certain carriers, and the planning of...
