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Navix Integrates TextLocate for Automated Pre-Bill Auditing

Navix Integrates TextLocate for Automated Pre-Bill Auditing

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...
Why The Cash Conversion Cycle Is Not Just For Finance

Why The Cash Conversion Cycle Is Not Just For Finance

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...
How To Master Your Freight Audit & Invoicing

How To Master Your Freight Audit & Invoicing

by Eric Krueger | Dec 4, 2024 | Blog, Carrier Satisfaction, Cash Conversion Cycle, Cash flow, DSO, Freight Audit & Invoicing, Invoicing, Technology

Freight auditing and invoicing is an essential part of the logistics process that helps to ensure that transportation costs are accurately billed and processed and that your clients are getting the best value for their shipping dollars.  While freight auditing and...
Rethinking The Approach to Freight Audit & Invoicing

Rethinking The Approach to Freight Audit & Invoicing

by Chad Selix | 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...
Fueling Growth in Unexpected Places:  Your Clunky Audit and Invoicing Processes

Fueling Growth in Unexpected Places: Your Clunky Audit and Invoicing Processes

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...
Why Your Transportation Management System is Not Enough

Why Your Transportation Management System is Not Enough

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...
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