Freight Audit and Settlement

Everyone thinks they understand freight Audit & Settlement. 

Take the invoices your 3^rd Party Transport supplier gives you and match them to what actually happened.  It stops overcharging.  You save money.  The only issue is whether to do it in house or have a 3^rd party do it for you.

Not quite.

Freight Audit & Settlement is about saving money, but not just short term by stopping overcharging.  Freight Audit & Settlement is a key part of your Supply Chain.  The information provided in the invoices allows you to:

• Perform cost analysis of transport lanes
• Choose the most effective transport companies
• Competitively manage your portfolio of suppliers

With the savings that could be made from these types of decision making you'd think you'd need to bring this in house.

With Freight Audit & Settlement from Arkenis we bring you the benefits of the information and management decision making of an in house system with the cost effectiveness of a specialist auditing and settlement company.  Because we're a full 4^th Party logistic provider we have the expertise and staff to reconcile invoices while also feeding all the necessary data back into the Oracle Transport Management software at the core of our offering. 

This data, coupled with our expertise and experience in analytics helps you with future procurement and selection decisions making Freight Audit & Settlement part of an ongoing process, not solely a cost saving tactic.