SPECIAL ADVERTISING SECTION

FREIGHT PAYMENT

According to the National Shippers Strategic Transportation Council, errors occur in up to 10 % of freight bills. Therefore, if a business has a $ 100 million transportation spend, a 4 % error rate results in $ 4 million in misspent funds. Thorough review provides an unquestionable advantage, but the administrative burden can be significant. Given the volume and complexity of the

tasks required, few businesses have the capacity or expertise to fulfill these functions in-house.

“ For many companies, outsourcing is the most economical way to properly audit and process freight invoices”, said Allan J. Miner, chief executive officer of CT Logistics, a global third-party logistics service provider.

With the advent of artificial intelligence and machine learning, FAP services can offer real-time solutions that deliver immediate insights into shipping costs and statuses. AI integration enables customers to benefit from more intelligent data processing, automated invoice validation and predictive analytics.

The shift to automation can speed up payments and enhance accuracy,

“ Companies can build a more intelligent and cost-effective supply chain by starting with freight audit as the foundation.” compliance and cost control for logistics operations. Timely payments can build better relationships with carriers, which pay off when capacity is in high demand.

Data from freight audits can then become a layer of intelligence that supports benchmarking and routingguide development, advanced analytics and strategic sourcing to drive supply chain efficiency.

“ Freight audit and payment solutions provide valuable data analytics and reporting capabilities,” said Keith Snavely, senior vice president of global sales at nVision Global, a global freight management solutions and services provider.

“ By leveraging this data, companies can gain insights into shipping patterns, costs and opportunities for further optimization,” he said.

Given the fluctuating global trade landscape, managing uncertainty is perhaps the most critical aspect of the FAP logistics function. A strategic freight audit process is the foundation of a solid transportation strategy to cope with rapidly changing situations.

The basic function of an FAP solution ensures businesses receive accurate invoices by identifying billing errors across every carrier and mode. However, paying the bills on time is just one benefit of a robust procedure. Via thorough analysis of transportation spending, an audit can serve as an early warning system, offering insights into shifting market and economic conditions.

A leading provider of freight management solutions and logistics technology, nVision Global is dedicated to optimizing transportation operations globally across all modes. With a strong international presence, nVision partners with businesses aiming to streamline logistics processes, enhance efficiency and significantly reduce transportation costs through actionable data insights.

Central to nVision Global’ s offerings is freight audit and payment. Using advanced technology, nVision meticulously audits every transportation invoice, identifying discrepancies, rate inaccuracies and overcharges. Beyond ensuring accuracy and compliance, this process generates powerful freight spend data, giving businesses unprecedented visibility into transportation expenses. This comprehensive data enables informed decisions, proactive cost management and substantial financial savings.

Building on this data-driven approach, nVision introduces its new Contract To Quote( C2Q)— a dynamic market pricing solution ideal for companies that need powerful rate management but do not require a full-scale transportation management system( TMS). Far surpassing a typical quoting tool, C2Q provides real-time freight rates, instant shipment tendering and automated competitive pricing. As the streamlined front-end solution to nVision’ s comprehensive Impact TMS platform, C2Q empowers businesses to respond swiftly to market changes, optimize carrier selection and significantly reduce transportation spend.

For companies needing broader logistics management capabilities, nVision’ s flagship Impact TMS continues to deliver end-to-end control across the entire transportation lifecycle. It integrates seamlessly with freight audit data, offering optimized routing, real-time tracking and detailed reporting— transforming logistics data into strategic insights that enhance efficiency, reduce costs and elevate customer satisfaction.

With exceptional customer support and innovative technology solutions, nVision Global remains the trusted partner for businesses seeking intelligent, flexible logistics solutions tailored to their unique operational needs.

54 Journal of Commerce | June 2, 2025 www. joc. com