Freight Audits: Financial Advantages Beyond Finding Invoice Errors
Freight bill audits are frequently an accounting afterthought. Many companies simply go through the motions to make sure the numbers add up, reconciling where they can, and remediating when necessary. But there’s a lot more value to be gained from a freight audit than identifying clerical errors and capturing found money. At its core, the data used in freight [...]
Implementing a Cloud-Based TMS System? Avoid These Common Mistakes
As transportation and logistics companies keep pace with industry innovation, many are trading in their legacy transportation management system (TMS) for a cloud-based platform. Shifting to the cloud offers tremendous opportunities for integration across the supply chain, but transition can be complicated, and it takes a concerted effort to make it seamless. Too many companies botch migration because they’re [...]
nVision Global Named One Of Seven FedEx Certified Freight Bill, Audit, and Pay (FBAP) Providers
nVision Global is proud to announce we have been named as one of only 7 companies to be recognized as a FedEx Certified Freight Bill, Audit, and Pay (FBAP) Provider. As a leader in worldwide freight management solutions and services; specializing in Freight Audit & Payment, Order Management, Supplier Management, Visibility, TMS and Freight Spend Analytics “FSA”, nVision Global [...]
On-Demand Quoting & Reverse Auction: Answers to Your FAQs
On-demand quoting and reverse auctions are two useful tools for controlling shipping costs in the spot market. But shippers sometimes struggle with these scenarios because they’re used to working exclusively with contract carriers. If you find yourself fielding spot market quotes for a one-off shipment, consider using these tools to secure the best possible rate from a non-contract shipper. [...]
Automated Bidding and Spot Auction Tools Essential as Prices Rise
The media’s buzzword of the moment is “inflation.” Materials shortages, rising prices, and consistent demand all indicate that we’re on the cusp of an inflationary period. The outcome remains to be seen, but now is the time for companies to practice smart spending. For a simple way to spend smarter, take advantage of volatility in the spot market to [...]
Do You Have Contract Visibility? Here’s What to Look for.
The details of a shipping contract are its governing principles. From rates and terms to agreements regarding invoicing and claims, contracts are your source for all the pertinent information. But when you accumulate enough of them — and work with a wide variety of freight partners — the details of an individual contract can get muddled. It’s essential to [...]