SSI freight bill audit & payment (FBAP) services

02 Jan FBAP Services – Save Money with SSI Custom Freight Bill Audit and Payment

Posted at 12:23h in Freight Audit, Freight Bill Auditing, Freight Payment by

SSI provides freight bill audit and payment (FBAP) services for a wide range of business leaders on a global scale. Some of our customers save tens-of-thousands of dollars every month. Big savings such as this are made possible because we carefully customize our FBAP operations to meet each customer’s unique supply chain and transportation needs.

If you are dissatisfied with your current FBAP provider, or if you are handling freight audits and payments in house, we encourage you to switch to SSI. You’ll be glad you did!

Carrier billing errors are more common than you may realize. Our automated process identifies every billing mistake and we immediately take exception to erroneous charges. We only pay what you actually owe, which provides you with a continuous flow of savings to boost your bottom line.

Our convenient freight-bill payment service not only saves you time and money, it also enhances your “shipper of choice” status. Why? Because carriers prefer to work with customers who pay their bills on time and in the appropriate currency.

For international freight payments, we utilize a modern fintech platform. Our foreign-currency payment process enables us to pay freight invoices on your behalf in 100+ currencies, at favorable exchange rates.

Further, our data analytics team will help you improve your shipping and supply chain decision-making by customizing data visualization dashboards with measurements and metrics relevant to your key performance indicators.

If you are interested in learning more, please contact SSI.

However, if you are not yet ready to connect and wish to do more research, please read the rest of this short post, in which we provide a summary of the benefits you receive from the FBAP services we provide.

FBAP SERVICES: OUR AUTOMATED FREIGHT AUDITS DELIVER EXCEPTIONAL RESULTS

SSI, a freight-audit trailblazer, was founded in 1989 as Software Solutions Unlimited, Inc. Since our inception, we have audited hundreds of millions of freight and parcel invoices from thousands of carriers worldwide.

Because our freight audit expertise is broad and deep, SSI discovers thousands of erroneous or duplicative charges every week. The savings add up quick. A typical SSI customer enjoys an impressive 8-to-1 return on investment.

For our customers, we perform a comprehensive audit of all freight charges for every mode of transportation used in their supply chain. Our automated software verifies and validates all charges on every freight invoice we receive from around the world.

So, whether you have local, regional, or global supply chains, our thorough freight-audit process is designed to meet your current needs and easily scales or adjusts with customizable updates as your business needs evolve in the future.

FBAP SERVICES: FREIGHT PAYMENTS FOR DOMESTIC & INTERNATIONAL SHIPPERS

After we complete your freight audit and recover your savings, SSI will pay your freight invoices as well. For global shippers, we process freight bills from multiple languages and as mentioned above, we can pay those bills in more than 100 currencies.

KEY BENEFITS OF SSI FREIGHT PAYMENT SOLUTIONS:

  • Hard-Dollar Savings – Accurate, timely payments are made after every invoice is thoroughly audited.
  • Soft-Dollar Savings – Reduces in-house hassles and administrative costs in operations and finance.
  • Exchange Rate Savings – Fintech platform provides competitive exchange rates compared to those offered through banks.
  • Certainty – Financial controls to ensure your funds are secure and never co-mingled.
  • Precision – Ability to age your payments based on carrier terms.
  • Goodwill – Vendor relations, supply chain management are enhanced as bills are paid in a timely manner.

Further, our freight payment process provides you with the transparency you need. From initial fund transfers to final carrier payments, at SSI we provide you with full visibility and instant updates of where your dollars are in the payment life cycle. Our solution helps you know exactly when, where, and how much was paid.

FBAP SERVICES: DATA ANALYTICS PROVIDE ACTIONABLE SUPPLY CHAIN INSIGHTS

Data visualization dashboards from SSI give you a competitive edge as they transform your raw shipping and logistics data into a treasure trove of supply chain intelligence.

The SSI data analytics team can help you save more money, improve efficiencies, and make informed decisions with actionable insights derived from your shipping data.

  • Executive dashboards provide clear, accessible intelligence.
  • Monitor KPI’s and other shipping metrics.
  • Review relevant financial reports.
  • Identify expense anomalies and detect emerging trends.
  • Optimize freight carrier usage and analyze accruals.
  • Routinely analyze fresh data to make continuous improvements.
  • Implement programs for long-term, sustainable supply chain optimization.

If you wish to learn more about SSI data visualization dashboards, let’s talk.

ABOUT SSI

A top FBAP service provider, SSI serves the needs of supply chain, operations, logistics, shipping and finance executives. We transform the complexity of global freight bill audit and payment into cash savings and supply chain intelligence, providing actionable insights to maximize your profit potential.

  • Customizable solution scales with your growing and dynamic business needs.
  • Automated freight audit drives savings to the bottom line.
  • Fintech platform pays freight invoices in 100+ currencies, at favorable exchange rates.
  • Cutting-edge data visualization facilitates analysis.
  • Actionable business intelligence supports supply chain optimization and operational efficiencies.

Contact SSI to speak with a member of our team today.

SSI blog post entitled: FBAP services – save money with SSI custom freight bill audit and payment.