Now, the freight auditing process is quite elaborate. As a result, it should always be a job of a professional. Actually three methods exist for auditing the freight bills. The first one is known as the manual match.
More than Just Lines on a Map: Best Practices for U.S Bike Routes
What are the Top 3 Freight Auditing Methods?
1. What are the Top 3 Freight Auditing Methods?
Most people love to use the imported products. However, very few people know the real mechanics that
works behind it. So, let's make an effort to know it. Imported product is a product that is created in
another country and then it gets sold in the country in which we are staying. Everyone knows this and
clearly there's no rocket science involved in it. However, the trick lies elsewhere. As per the process,
almost all the imported products reach the country that is importing with the help of contemporary ships.
Now, the price for these products which everyone pays is derived after the freight auditing. Therefore,
the freight audit is the procedure by which a company prepared bill gets verified, analyzed, and adjusted
for eliminating even the slightest miscalculation within it.
Now, the freight auditing process is quite elaborate. As a result, it should always be a job of a
professional. Actually three methods exist for auditing the freight bills. The first one is known as the
manual match. As the name clearly suggests, this method involves some manual calculation. This
calculation is always performed by the employees of the company. The method primarily includes
analyzing the contracts or records thoroughly. After that the auditing process is done. Although this
method has proved very cost effective, it can get extremely tedious for the employees performing it.
The second popular method for freight auditing is known as the software solutions method. In this
method a company usually uses auditing software to get the job done. However, this method is not all that
simple as it may sound. Besides purchasing the software, it also becomes mandatory to train the existing
office staff on how to handle it in the best possible manner. This obviously increases the expenditures of
the company. But still it is far better than the manual match method.
Outsourcing is the final method for freight auditing. As with any other form of outsourcing, here also
the company relies on outside help for the auditing need. Outsourcing always brings with it a professional
touch. And in the end, it also proves time-saving to a great extent. Such companies also depend on
specialized software for the auditing work, but the workforce executing it is quite efficient and therefore
you can expect absolutely no error whatsoever. Although outsourcing can be really expensive, it pays off in
the long run. The best part is that the hired professionals have years of experience when it comes to
identifying the common mistakes of pricing. Moreover, they have all the skills required to make client
refunds and the necessary knowledge to reduce the gap between refund and claim in the best possible
manner. For all these reasons, the outsourcing method is considered as the best amongst the three
methods.
Now, it is completely up to the company as to which method they would prefer for freight audit. All the
above mentioned methods have their own highs and lows. So, the method that best suits the requirement
of the company is going to pay profitable returns in the future.
Content Source : https://tmssoftware.wordpress.com/2015/10/28/what-are-the-top-3-
freight-auditing-methods/