What are the Top 3 Freight Auditing Methods?


Posted October 28, 2015 by tmssoftware

Now, the freight auditing process is quite elaborate. As a result, it should always be a job of a professional. Actually three methods exist for auditing the freight bills. The first one is known as the manual match.

 
Destin, FL-----Most people love to use the imported products. However, very few people know the real mechanics that works behind it. So, let's make an effort to know it. Imported product is a product that is created in another country and then it gets sold in the country in which we are staying. Everyone knows this and clearly there's no rocket science involved in it. However, the trick lies elsewhere. As per the process, almost all the imported products reach the country that is importing with the help of contemporary ships. Now, the price for these products which everyone pays is derived after the freight auditing. Therefore, the freight audit is the procedure by which a company prepared bill gets verified, analyzed, and adjusted for eliminating even the slightest miscalculation within it.

Now, the freight auditing process is quite elaborate. As a result, it should always be a job of a professional. Actually three methods exist for auditing the freight bills. The first one is known as the manual match. As the name clearly suggests, this method involves some manual calculation. This calculation is always performed by the employees of the company. The method primarily includes analyzing the contracts or records thoroughly. After that the auditing process is done. Although this method has proved very cost effective, it can get extremely tedious for the employees performing it.

The second popular method for freight auditing is known as the software solutions method. In this method a company usually uses auditing software to get the job done. However, this method is not all that simple as it may sound. Besides purchasing the software, it also becomes mandatory to train the existing office staff on how to handle it in the best possible manner. This obviously increases the expenditures of the company. But still it is far better than the manual match method.

Outsourcing is the final method for freight auditing. As with any other form of outsourcing, here also the company relies on outside help for the auditing need. Outsourcing always brings with it a professional touch. And in the end, it also proves time-saving to a great extent. Such companies also depend on specialized software for the auditing work, but the workforce executing it is quite efficient and therefore you can expect absolutely no error whatsoever. Although outsourcing can be really expensive, it pays off in the long run. The best part is that the hired professionals have years of experience when it comes to identifying the common mistakes of pricing. Moreover, they have all the skills required to make client refunds and the necessary knowledge to reduce the gap between refund and claim in the best possible manner. For all these reasons, the outsourcing method is considered as the best amongst the three methods.

Now, it is completely up to the company as to which method they would prefer for freight audit. All the above mentioned methods have their own highs and lows. So, the method that best suits the requirement of the company is going to pay profitable returns in the future.

Content Source : https://tmssoftware.wordpress.com/2015/10/28/what-are-the-top-3-freight-auditing-methods/

Company Overview--SaaS Transportation, Inc. is a provider of cloud based TMS solutions to third party logistics companies (3PL’s), freight payment companies, shippers and carriers.
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Issued By Kenneth Pehanick
Website SaaS Transportation, Inc.
Phone 844-722-7763
Business Address 3551 Scenic Hwy 98
Country United States
Categories Technology
Tags freight audit , freight audit and payment , freight auditing
Last Updated October 28, 2015