Automating freight audit and payment with Power BI: Reducing errors and delays

Manual freight auditing resembles detective work, going through every shipment line by line. If even a quarter of the invoices carry errors, these hidden costs balloon quite fast. In many companies, hours get wasted as internal teams cross-check bills against contracts and contact the carriers for refunds. These mistakes and delays are directly increasing freight costs.According to industry research, the cost of manually processing a single freight invoice ranges from $15 to $50, with document handling comprising the bulk of that expense. When errors are detected, these costs can increase dramatically. More alarming is the statistic that approximately 15% of all carrier invoices contain errors, most of which result in overcharges.

Automating freight audit and payment with Power BI: Reducing errors and delays

Manual freight auditing resembles detective work, going through every shipment line by line. If even a quarter of the invoices carry errors, these hidden costs balloon quite fast. In many companies, hours get wasted as internal teams cross-check bills against contracts and contact the carriers for refunds. These mistakes and delays are directly increasing freight costs.According to industry research, the cost of manually processing a single freight invoice ranges from $15 to $50, with document handling comprising the bulk of that expense. When errors are detected, these costs can increase dramatically. More alarming is the statistic that approximately 15% of all carrier invoices contain errors, most of which result in overcharges.