From invoice processing to strategic advantage: The evolution of freight audit and payment
freightwaves.com·6h
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For decades, freight invoice auditing occupied a quiet corner of the transportation or accounts payable department. The function was straightforward and limited in scope: audit the invoice, see if the charges look correct, and pay the bill. Finance teams received post-payment validation and basic reporting. Transportation departments received very little information other than what the transportation companies provided to them. And this is where the demand for freight auditing was born, the need for accurate payments, basic visibility to freight costs by lane, mode and cargo type.

The simplicity of the initial freight audit concept began to unravel as global supply chains took shape and the demand for more data began to grow. As organizations expanded into Europe, Asia, and other re…

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