by Eric Krueger | Jul 22, 2026 | Blog, Cash flow, DSO, Freight Audit & Invoicing
Customer snapshot — Industry: Third-Party Logistics · Service: Managed Transportation & Freight Brokerage · TMS: Revenova · Platform: Navix Pre-Bill & Invoice Automation · Primary goal: Accelerate customer billing The Challenge: Billing Waited on Carrier...
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...
by Eric Krueger | Nov 28, 2023 | Accounts Payable, Accounts Receivable, Automation, Blog, Cash Conversion Cycle, Cash flow, Data, DSO, Freight Audit & Invoicing
Data is arguably one of the most valuable resources that third-party logistics providers (3PL) and freight brokers have, but in many cases, little is being done to maximize the value that it can provide. The right data can help optimize operations, improve...
by Eric Krueger | Sep 7, 2023 | Blog, Cash Conversion Cycle, DSO, Freight Audit & Invoicing, Technology
In any business, cash flow is king, this is especially true for those in the logistics space. With the economic uncertainty and the impact that it has had on the freight market, it is imperative for every organization to improve their cash position. One...
by Eric Krueger | Aug 30, 2023 | Blog, Cash Conversion Cycle, DSO, Freight Audit & Invoicing, Real-Time Analytics
What Is DSO (Days Sales Outstanding)? Days Sales Outstanding (DSO) is the average number of days it takes a freight broker or 3PL to collect payment after invoicing a shipper for a completed load. A lower DSO means cash reaches the bank faster; a higher DSO means...