02:04
Faizan
It's a tough call - which is more distressing: today's fuel cost, or tomorrow's...
The U.S. Energy Information Administration estimates diesel to average $4.15 per gallon this year, staying steep at $4.11 a gallon in 2013.
For shippers, fuel surcharges, on top of line haul and accessorial charges, add up uncomfortably fast. Shipping demand is growing. Controlling what you can to keep costs in-line with your budget has become a necessity of urgency.
Whatever your volume, the more you know about your shipping options, throughout all modes of transportation, the easier it is to ship smarter and save. Freight bill processor, auditor and advisor service providers offer insight capable of saving you 5% - 15% annually on your shipping expenditures. Here's how:
Shipping Invoice Data Mining and Reporting - the discovery of timely, actionable information empowers you to make the best shipping decisions based on carrier options, along with associated rates and fees, providing significant cost savings. This function provides a deeper understanding of trends, opportunities, weaknesses and threats. Exploration of pertinent data, in any combination over any time period, enables you the operational and financial view of your functional flow to simplify and save.
With data mining tools, you can create a report based on a radius from a ship point, or identify opportunities for service or modal shifts, providing insightful information about carrier usage by lane, volume, average cost per pound, shipment size and service type. Performance can be measured based on the number and dollar amount of billing errors in proportion to overall shipping expenditures, variances from trends in costs, volumes and accessorial charges, by mining a database that includes Paid Bills, Work in Process transactions and Bills Aging to Terms.
Pre-Payment/Post-Payment Freight Bill Auditing - auditing transactions to identify billing errors reduces current expenses, as well as future occurrences by detecting and eliminating ongoing error patterns. Preforming audits pre- and post-payment is a thorough process focused on maximizing cost savings related to errors in billing.
Payment and Allocation - dramatically simplifies accounting procedures. You make only one payment to the service provider for all freight expense, the provider disburses funds to the appropriate carriers and provide you with accurate cost allocations that can be merged into your general ledger system. The provider handles all payment inquiries. Carriers are paid on time and your funds are always secure.
The U.S. Energy Information Administration estimates diesel to average $4.15 per gallon this year, staying steep at $4.11 a gallon in 2013.
For shippers, fuel surcharges, on top of line haul and accessorial charges, add up uncomfortably fast. Shipping demand is growing. Controlling what you can to keep costs in-line with your budget has become a necessity of urgency.
Whatever your volume, the more you know about your shipping options, throughout all modes of transportation, the easier it is to ship smarter and save. Freight bill processor, auditor and advisor service providers offer insight capable of saving you 5% - 15% annually on your shipping expenditures. Here's how:
Shipping Invoice Data Mining and Reporting - the discovery of timely, actionable information empowers you to make the best shipping decisions based on carrier options, along with associated rates and fees, providing significant cost savings. This function provides a deeper understanding of trends, opportunities, weaknesses and threats. Exploration of pertinent data, in any combination over any time period, enables you the operational and financial view of your functional flow to simplify and save.
With data mining tools, you can create a report based on a radius from a ship point, or identify opportunities for service or modal shifts, providing insightful information about carrier usage by lane, volume, average cost per pound, shipment size and service type. Performance can be measured based on the number and dollar amount of billing errors in proportion to overall shipping expenditures, variances from trends in costs, volumes and accessorial charges, by mining a database that includes Paid Bills, Work in Process transactions and Bills Aging to Terms.
Pre-Payment/Post-Payment Freight Bill Auditing - auditing transactions to identify billing errors reduces current expenses, as well as future occurrences by detecting and eliminating ongoing error patterns. Preforming audits pre- and post-payment is a thorough process focused on maximizing cost savings related to errors in billing.
Payment and Allocation - dramatically simplifies accounting procedures. You make only one payment to the service provider for all freight expense, the provider disburses funds to the appropriate carriers and provide you with accurate cost allocations that can be merged into your general ledger system. The provider handles all payment inquiries. Carriers are paid on time and your funds are always secure.
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