parcel audit services

Affordable parcel audit services for reducing shipping costs

Are you confused about the calculation of shipping rates during small parcel shipping? Find it difficult to track small parcels. Further, claiming refunds for late deliveries of packages is full of hassles. Then, it is time to partner with parcel audit services. This article will explore why parcel audit services are necessary for reducing shipping costs.

Why do businesses need parcel audit services?

The destination, type of parcel carrier, and weight of parcels control the shipping costs of companies. Shippers need cost-effective solutions to ship small packages internationally. Moreover, custom clearances of international shipments require proper documentation. Keeping track of refunds from parcel carriers is a tedious task if done manually. Also, shippers seek discounts when negotiating with shipping carriers. The above factors make it essential for businesses to partner with parcel audit services. It gives peace of mind and reduces shipping costs for businesses.

How do parcel audit services save money?

Manual in-house audits require time and engage the resources of companies. So partnering with parcel audit services helps companies save money on administrative costs and time. A comprehensive review of shipping invoices aids companies in identifying any service failures by parcel carriers. In addition, it allows shippers to claim refunds from the parcel carriers for overcharging, late deliveries, or incorrect shipping fees. The weight and dimensions of packages contribute to a rise in shipping costs. The innovative solutions provided by parcel audit services help in lowering shipping costs. Our earlier article gives more information regarding the benefits of parcel audit services.

Reduce international shipping costs with parcel audit services

International shipping has become expensive due to various reasons beyond anybody’s control. Due to a rise in shipping costs, customers abandon shopping carts leading to businesses losing money. By partnering with parcel audit services, companies reduce shipping costs seamlessly using different methods such as:

Negotiating with a fulfillment center

Companies negotiate with a fulfillment center for discounts according to their business requirements. Shippers can spread their inventory across many warehouses across a country due to fruitful negotiations with a fulfillment partner. These negotiations help in lowering shipping costs to a large extent.

Optimizing packaging of goods

Heavy and oversized packages are expensive for shippers. Shippers need to have better alternatives for overweight and oversize parcels. And so, innovative packaging helps shippers reduce the weight and dimensions of packages. For instance, poly mailers instead of boxes help in reducing packaging costs.

Switching parcel carriers

Shippers can save money by switching parcel carriers according to the suggestions given by parcel audit services. Hence, choosing regional parcel carriers that offer cheaper shipping rates with quality delivery service is more beneficial for shippers. Negotiating with several shipping carriers helps shippers get a better bargain for their shipping needs. In addition, hybrid services are gaining momentum among shippers.

Proper documentation

International shipments to different destinations need a lot of paperwork. Generally, most countries need documents like purchase order, invoice, packing list, bill of lading, Certificate of Origin, Letter of credit, export license, and insurance certificate accompanying the shipment. Lack of proper documents leads to late delivery of goods, thus leading to loss of revenue.

Prepaid shipping

Businesses that usually ship the same weight packages can opt for prepaid shipping. Prepaid shipping allows shippers to buy shipping labels in advance instead of paying for an individual one at the time of shipping. It provides a discount of up to 20 percent to businesses.

Parcel carrier contract negotiations

Parcel audit services negotiate with shipping carriers for better shipping rates and discounts. Shipping information that includes shipping history, volumes, and accessorial fees is a part of the negotiations. Having shipping data at the fingertips helps in parcel rate negotiations to a great extent. Parcel audit services have experts well versed in carrier contract negotiations and recommend different parcel carriers for particular services. Small parcel negotiations are essential for companies to get the maximum benefits without loss of revenue.

Parcel audit services help lower a company’s overall shipping costs without any hassles. Learn more about reducing shipping costs in our blog.

Reliable, affordable parcel audit services of Audintel

At Audintel, we reduce the shipping costs of businesses seamlessly. Our intuitive dashboards and comprehensive shipping reports are the best in the market. We have the expertise to handle the shipping data of our clients and negotiate the best deals with the parcel carriers. Our team of experts tracks each shipment and claims refunds for any damages or late deliveries from the parcel carriers. We offer insights into the future and identify conditions that can be prevented or need improvement. Our audits cover shipping invoices so that clients don’t get overcharged unnecessarily. Audintel provides intelligent, reliable, and affordable parcel audit services to clients.

 To summarize

There are more than forty audit checkpoints, so shippers need help solving the various complex aspects of parcel auditing. Parcel auditing services have the requisite automated technology, data analysis skills, and experience to empower shippers to make informed decisions. In short, Audintel handles small parcel audit services for our clients, giving them the necessary peace of mind. Discover our entire range of parcel audit services by contacting us today or you can call us at +1 (619) 354 8539. Visit our Audintel website to know more about parcel auditing.

freight audit services

Global freight audit: essential for freight services worldwide

Has it become difficult to daily track and monitor freight consignments and bills? Are you sure your company has not overpaid or underpaid for freight? Are the administrative and logistics resources hired for global freight monitoring suitable for the job?

Freight audit services resolve the above questions for companies. We had earlier discussed freight audit services in our previous blog. This article gives further details on global freight audits and freight audit companies. In addition, we explain the terms of freight reconciliation, freight audit, and payment.

Global freight audits

It is the examination and verification of freight bills on an international scale. Some companies manually analyze each freight invoice in-house. This manual audit process is time-consuming and prone to human mistakes. On the other hand, partnering with freight audit companies saves time and money for shippers. Freight audit companies monitor critical parameters such as shippers’ data management, shipping carriers’ contracts, and payments.

Freight bill auditing

Global freight audit services offered by freight audit companies help in checking invoices for freight billing errors. The errors include inaccurate shipping weight, incorrect time mileage, miscalculation of discounts, wrong freight rates, and more. Auditing freight bills is vital for improving shipping companies’ overall performance. Proper shipping data utilization reduces extra expenses of surcharges and accessorials. Freight bill auditing involves:

  • Centralizing invoice data for quick retrieval
  • Grouping freight bills by shipping carriers
  • Auditing for errors and verifying freight charges with SMC/ carriers’ contracts
  • Auditing Fuel Surcharges and other accessorial.
  • Providing bill payment reports for client

Freight bill auditing helps shippers save money and recover payment for billing errors.

What is Freight reconciliation?

Freight rates are a part of freight bill generation when the freight load is confirmed. Shipping carriers submit freight invoices to shippers. Freight reconciliation is a method of matching each freight bill with its corresponding freight invoice. The reconciliation process is manual or automatic. In either case, the reconciliation process involves submitting the freight invoice for payment by vendors.

Streamlining the freight reconciliation process

The freight reconciliation process may appear simple for one or two shipments a day. But, it is a complex process for businesses having thousands of freight shipping in a day. Freight audit companies use automation to streamline the reconciliation process by eliminating paperwork. In short, there is a consolidation of accounts payable and paperwork from multiple vendors. So, shippers receive a weekly freight invoice consisting of weekly freight shipping and vendor payments.

Understanding freight audit and payment

Inaccuracies in freight invoices and freight payments result in errors and high costs for shippers. Freight audits are essential for global shippers to prevent potential overcharging by parcel carriers. Freight audits reduce shippers’ transportation expenses. According to reports, the global freight audit and payment market will rise exponentially. It is due to an increase in demand for management systems in the transportation and logistics industry.

Freight audit and payment providers

It is challenging to manage freight payment processes due to inconsistencies. Thus, it is vital to partner with freight audit and payment (FAP) providers. FAP providers have the tools and expertise to manage global shipping transactions. They can root out duplicate invoices, verify freight rates, resolve claims, etc. In addition, FAP providers manage transportation spend on a global scale.

How to select the best freight audit and payment providers?

Freight audit and payment (FAP) providers have to use the latest technology in all aspects of shipping. So, reporting and collecting data in real-time ensures freight payments are on time. Shippers have to verify the business intelligence and reporting tools of FAP providers. In addition, verification of FAP’s software programs and reviewing their financial and credit history is essential. The FAP providers should increase their invoice capacity spend with the shipping needs of shippers. Finally, the freight audit and payment provider should have friendly business relationships with multiple shipping carriers to make matters easy for shippers.

Taking your freight auditing process to the next level with Audintel

Global freight audits identify errors and request refunds from global shipping carrier companies. Audintel analyzes complex freight data and provides customized shipping reports to our clients. Further, our team analyses shipping carrier contracts to lower shipping costs. We streamline freight payment processes to improve your company’s bottom line. Audintel conducts freight audits based on parameters, such as invoice date, invoice amount, shipping weight, bill of lading, etc. In addition, we have experts in freight contract negotiations to help shippers get the best freight carrier contract deals. Our freight audit services provide valuable insights into transportation spend.

Finally, shippers find it difficult to calculate freight rates for each freight shipment. In addition, freight rates and other surcharges change periodically. Freight audit services track and monitor changes in freight rates and accessorial charges and help shippers take the necessary action. Our team in Audintel deals with both freight and parcel audits, you can reach us for further discussions or you can call us at +1 (619) 354 8539. Further, you can also learn about our services on Audintel website.