Freight Audit and Payment Service Market
A freight audit and payment service usually consists of the following services: Collecting invoices from the carrier Freight invoice auditing (preaudit or postaudit*) Physical payment to the carrier Aggregate billing to the shipper for freight costs incurred Allocation of transportation costs to individual cost centers Detailed reporting for logistics costs and service The outsourcing of the freight audit and payment function in the U.S. is a well-established practice with many reputable vendors. Many shippers and 3PLs have outsourced the auditing and paying of invoicing to a vendor, and this has resulted in major savings and improved accuracy. Outsourcing freight payment in Europe and Asia as a practice is not as well-adopted as in the U.S. but the market continues to grow in each respective region.This report focuses on global and United States Freight Audit and Payment Service market, also covers the segmentation data of other regions in regional level and county level. Freight Audit and Payment Service market size is expected to grow from US$ million in 2021 to US$ million by 2028, at a CAGR of % during the forecast period.Freight Audit and Payment Service market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Freight Audit and Payment Service market will be able to gain the upper hand as they use the report as a powerful resource.
Major players covered in Freight Audit and Payment Service Market are:
Acuitive Solutions
Blume Global
Cass Information Systems
ControlPay
CT Logistics
CTSI-Global
Data2Logistics
enVista
Green Mountain Technology
Intelligent Audit
INTERLOG
nVision Global
RateLinx
Software Solutions Unlimited
TranzAct
Trax
U.S. Bank
Market Segment by Type:
Cross-border Trade
Domestic Trade
Market Segment by Application:
Ocean Transport
Air Transport
Land Transport
Combined Transport
Learn the strategies needed to outpace the competition and become successful in the Freight Audit and Payment Service market with the report.
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