TransportGistics

Executive Summary

Freight expense represents a significant portion of the overall corporate budget. Because of its size and relative position, freight expense plays a major role in corporate profitability. Freight expense for the average company is large enough to warrant attention and intelligent management. Freight Cash Asset Management® is a valuable treasury tool that can convert the freight expense to an asset. In order to properly control the expense and maximize its potential opportunities, it must be understood.

The data required for an effective and efficient freight pre‐audit is robust and comprehensive; the aggregation of these data collectively represents a corporate knowledge base whose information can be used to drive corporate performance.

Singularly, the freight audit and payment control function is a very specific business activity that must be performed. Errors and abuses on the parts of carriers, shippers and consignees can be significant. The discovery and control of these errors and abuses will result in freight cost reductions and cost avoidance.