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 Eric Krueger | Jan 24, 2024 | Automation, Blog, Carrier Satisfaction, Cash Conversion Cycle, Cash flow, DSO, Freight Audit & Invoicing, Software
For any freight broker or Third-Party Logistics provider (3PL), selecting the right software to help manage the day-to-day operations of the business is pivotal to success. As a 3PL or broker, you understand the importance of efficiency and accuracy in your operations...
by Eric Krueger | Jan 8, 2024 | Artificial Intelligence, Automation, Blog, Carrier Satisfaction, Cash Conversion Cycle, DSO, Freight Audit & Invoicing
The five biggest trends reshaping freight audit and invoicing are automation and AI, data analytics and visibility, sustainability and social responsibility, customer experience and loyalty, and faster cash conversion (lower DSO). Together, these shifts are helping...
by Eric Krueger | Nov 16, 2023 | Accounts Payable, Accounts Receivable, Automation, Blog, Cash Conversion Cycle, Cash flow, Freight Audit & Invoicing, Technology
When you speak to any executive that has been in the LTL market for two years or more, they will likely tell you that of the top five pain points in the industry, two are the following: Getting accurate information from customers Getting paid for services in a...
by Eric Krueger | Nov 1, 2023 | Blog, Carrier Satisfaction, Cash Conversion Cycle, Cash flow, DSO, Freight Audit & Invoicing
It has long been accepted by third-party logistics providers (3PLs), freight brokers, carriers, and shippers that invoicing errors are just a part of doing business. Multiple research reports state that up to 25 percent of all freight invoices have some kind of error....
