In today's complex world of transportation an effective freight bill audit and payment process is not an option. Rather, it is an essential business function that is needed to protect the bottom line of most companies. It should be considered an integral part of an organization's accounting and internal control processes. If not properly established, a company exposes itself to the overpayment of carrier invoices and the wasting of valuable internal resources.
Implementation of an effective and efficient freight audit and payment process is essential, but is only the beginning. There are other valuable benefits to be derived, namely the capturing of accurate data and utilization of the data within the context of meaningful metrics reporting and Key Performance Indicators, aka. KPI's. intended to support an organization's ability to render sound business decisions on a day-to-day basis. In short, this is the value that Freight Payment Inc. has been providing to its clients since 1993.