Gone are the days when robust, sophisticated freight audit and payment technology was but a choice for the logistics industry. With complexities revolving around all modes of freight transportation and supply chain operations today, the effectiveness of freight audit and payment solutions and services directly affects the bottom lines for any global shipper.
Advancements in digital technologies are replacing manual freight invoicing systems and outdated IT systems. Robotic process automation (RPA) is unimaginably transforming freight invoice auditing by automating the process of matching data between invoices and documentation. At the same time, data analytics is emerging as a prominent trend, promising unparalleled efficiency to logistics companies. Besides, most modern freight audit and payment companies are offering exceptional services for logistics firms to gain 100 percent control of their funds. These services include secure freight document scanning and accurate tracking of freight payments automatically.
As such, the technological progressions in the logistics arena are opening up a universe of new possibilities for freight audit and payment solution providers. This implies that shipping agencies looking for companies providing novel, state-of-the-art freight audit and payment solutions and services have to choose from a plethora of options.
To make this task easier and assist CIOs in identifying the right companies providing freight audit and payment solutions, Logistics Tech Outlook presents to you “Top 10 Freight Audit and Payment Solution Providers - 2021” A distinguished panel comprising CEOs, CIOs, VCs, Analysts, and the Logistics Tech Outlook editorial board has selected the top freight audit and payment solution providers. In our selection process, we looked at the company’s offerings, core competency, news/press releases, client testimonials, milestones, and other recognition.