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If you're looking for information to help you choose the Freight Bill Auditor that's right for you, Max BPO could be the answer. Read this document for more details.<br><br>http://blog.maxbpooutsourcing.com/2019/07/how-to-audit-your-freight-bill-few-tips.html
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Max BPO Outsourcing HOW TO AUDIT YOUR FREIGHT BILL: A FEW TIPS
What is Freight Bill Audit? Freight bill audit is the process of examining and validating a carrier’s invoices. Through the process, a shipper can verify the accuracy of carrier’s bills. Though, it is quite simple; your aim is to pay the freight charges you actually owe. An audit will be initiated after the freight invoice is received and payment should only be made after auditor has confirmed the accuracy of the invoice.
Difficulty of Freight Audits Auditing freight bills are a complicated process, made more difficult by volatile fluctuations in global fuel prices. Very few industries’ rates are as indistinguishably linked to one factor as the transportation industry is to the cost of fuel. Because of volatile fluctuations in global fuel prices, your shipping cost will rise and fall with the cost of transportation, which is directly tied in with the current price of oil. An integrated auditing system ensures the following checks:
Difficulty of Freight Bill Audits are: • Discount verification • The overall calculation • Late delivery • Duplicate invoices • Improper accessorial charges & Classification
Number Of Ways To Audit Your Freight Bills Internal Team: A shipper may recruit an internal team and perform audits. Conceptually, this is a possible route, it is likely the least cost-effective/efficient model. Manually auditing carrier’s invoices can be a tedious affair. Outsource your audit – If you do not want to deal with the various costs associated with internal freight bill audit, you may contact a third-party freight audit company to focus on your core specialties rather than checking for discrepancies and recovering costs.
Benefits of Freight Invoice Audits are: • Spot & eliminate discrepancies that may affect your bottom-line. • Greater competitive advantage • Improved focus on core business • Increased efficiency • Controlled costs • Increased Reach
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