With freight levels at an unprecedented high for container shipments worldwide, just how can you stay on top of the mountain of invoices they are generating? Ocean, Inland, Demurrage and Detention!
If you have a freight audit company in place then you are doing better than most to get those invoices checked prior to payment, but how old are the systems they are using today to do that audit?
Many providers are still using legacy systems and are not able to adapt to the ever-changing surcharges, effective dates, expiry dates, checking of Demurrage charges or Detention charges, so the new accessorial charges are generally passed through on a Pay as Billed basis, as these systems have no way to check and validate these amounts.
At CustomsPlus we have developed an Artificial Intelligence (AI) product and using Machine learning (ML), we are able to check and validate these errors on your behalf.
And unlike other providers we will not say you are overpaying your carriers by $2,000 every 10 containers - a bold statement indeed.
What we can do is to re-assure you that each and every line of each and every invoice is checked and validated against your agreed rate levels with each, and every discrepancy provided in a concise report which can be passed directly to the carrier for their review and credit.
It is estimated that between 5 and 7 percent of all carrier invoices are raised with errors, you may think that it is a relatively small amount but with Ocean rates where they are today it is a phenomenal amount of money which you should not be paying!
Give us a call to discuss your needs with an industry veteran who is up to date with tech and we would be happy to have a conversation about your pain points so you can sleep at night. Or check out our Freight Audit page and fill in the form.
Experience a better way.
As well as being cost effective, Customs Plus™ products and services will improve and streamline your international trade, customs management and trade compliance. You will also embark on a virtuous cycle of development, leading to: Better employee conditions, leading to improved retention and morale Greener processes, which reflect well on your reputation and brand Faster processing of freight, leading to improved customer satisfaction More efficient interactions with Customs Authorities Reduced costs, therefore improved value for consumers
The freight audit and pay market is in a state of flux, with four of the ten biggest global players changing hands over the past couple of years
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2022 will see several new regulations come into effect for importers and exporters. Find out more here. . .
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EU based businesses wanting to continue to send goods to the United Kingdom (UK) will have new rules to follow when you move goods to Great Britain
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Optimising the Customs Entry Process across The World...
Discover how we deliver Automated Customs Technology, Compliance Services and Strategic Consultancy : all designed to make your Customs interactions so efficient that they present as enterprise opportunities.