Global freight management made easy
SPECIAL ADVERTISING SECTION
FREIGHT PAYMENT
Advent eModal differs from dedicated FAP companies , such as CT Logistics and nVision Global , in its evolution from a custom software development business launched in 1995 into a multinational solutions company providing cloud-based , software-as-a-service offerings .
With customers including the Port Authority of New York and New Jersey and the ports of Long Beach , Oakland , South Carolina and Vancouver , Advent eModal ’ s software enables its customers to better calculate and manage accessorial charges levied on shippers . “ We ’ re on the collection side of accounts ,” Mansuri said . The company ’ s software integrates directly with its clients ’ in-house platforms .
“ Any charges come straight from the person who is issuing that invoice , which reduces any discrepancies that may happen in terms of the charges applied ,” he added .
“ All of these charges are discoverable at a container level even before a container is picked up — we ’ re effectively a prepayment platform in a world where the timeliness and the accuracy of the invoice is the No . 1 challenge ,” Mansuri said . “ Shippers can think , ‘ I want to pick up my containers in two days ’ and see what additional charges may apply .”
This visibility helps Advent eModal ’ s customers provide clarity and certainty to their clients . A common grumble among shippers is that 30 , 60 or even 90 days after closing a shipment , they receive a further bill — for example , a chassis surcharge for transporting a container from the shipper ’ s premises to the port or vice versa .
“ That ’ s where many of the challenges related to not being able to audit originate ,” Mansuri said .
“ Without a reference for the basis of these charges and the timeliness of them , it creates challenges because there are multiple parties involved and there are multiple sources of truth . A platform like ours removes all that .”
As such , it is a win-win for all parties . A small percentage of containers encounter additional fees .
“ The challenge is less why they ’ re incurring charges and more about how these charges are made known to the party ultimately responsible for paying them ,” Mansuri said .
As part of the freight auditing process , specialist companies , such as nVision Global and CT Logistics capture data from shippers ’ transportation-related invoices . What ostensibly should be a simple process is often made complicated by misspellings and inaccuracies — e . g ., Walmart could be Wall Mart , WM or other variations .
Freight auditors standardize this data to ensure it reads the same every time .
“ That not only helps from an audit perspective to ensure we ’ re including all data — we ’ re not missing anything because of misspellings — but also enhances the value of that data to the shipper itself … they have the data that they need in the format that they need in order to better manage their supply chain ,” Snavely said .
The invoice data cleansing and standardization services CT Logistics and nVision Global provide are pivotal
Global freight management made easy
A leading provider of global freight management solutions and services for all modes of transportation in the logistics and supply chain industry . With offices worldwide , the company has established itself as a trusted partner for businesses seeking to optimize their global transportation operations and improve overall efficiency . nVision Global specializes in freight audit and payment , order management , supplier management , visibility , TMS , and freight spend analytics . Their comprehensive suite of solutions enables businesses to gain visibility into their logistics processes , reduce costs , mitigate risks and make data-driven decisions .
One of nVision Global ’ s core offerings is its freight audit and payment services . By leveraging advanced technology and industry expertise , the company ensures accurate and timely auditing of freight invoices , identifies billing errors or discrepancies , and helps businesses recover overcharges . This service not only saves companies significant time and effort but also enhances financial control and improves cash flow .
In addition to freight audit and payment , nVision Global ’ s transportation management system , Impact TMS , provides end-toend visibility and control over the entire transportation life cycle . Their TMS solutions streamline operations , automate processes , optimize routing and carrier selection , and provide real-time tracking and reporting capabilities . This enables businesses to optimize their logistics operations , improve service levels and enhance customer satisfaction . nVision Global ’ s business intelligence solutions offer powerful analytics and reporting tools that enable businesses to transform raw transportation data into actionable insights . By consolidating and analyzing vast amounts of data , companies can identify trends , measure performance and make informed decisions to drive operational improvements and cost savings .
With a customer-centric approach , nVision Global has built a strong reputation for delivering innovative solutions that address the complex challenges of the logistics industry . Their commitment to technology , expertise and customer satisfaction has positioned them as a leading global partner for businesses seeking to optimize their supply chain and transportation operations . n
38 Journal of Commerce | June 17 , 2024 www . joc . com