The initiative to implement a best-practice transportation accounting solution enhances your existing accounting automation initiatives, letting you receive reliable freight accounting data from Thomasholmes’ proprietary freight management software and services without the work and the headaches of manually keeping up with multiple freight invoices.
By employing proper freight accounting, through freight payment, auditing, and consolidation services, according to Inbound Logistics a shipper can go from paying $11 per freight invoice, all the way down to only 5 to 10% of the $11. Additionally, by using Thomasholmes transportation accounting services, a company can save 2 percent to 5 percent of their total freight bill by catching inaccurate charges or duplicate payments.
Download The Complete Guide to Freight & Transportation Accounting White Paper
If you are looking to better understand how transportation costs fit into your business and make better informed decisions to wrangle ever increasing transportation costs, this white paper is for you. In this white paper, readers will learn:
- Freight Audit Automation vs. The Manual Freight Audit
- The Benefits of Freight Audit
- What is a Freight Bill vs. a Bill of Lading
- What is a Bill of Lading, the Importance Of, Error Consequences, and Effective Solutions
- 3 Ways to Make your Freight Invoice Work for You Not Against You
- Accessorials: What Every CEO & CFO Should Know
- How Implementing a Consolidated Freight Invoices Program Will Make You a Finance Department’s Hero
- Freight Bill Post Audit Vs. Freight Bill Pre-Audit: Benefits, The Difference, and Why They’re Both Important
- Accounting For Freight Costs: Freight Expense Account vs. Cost of Freight-Sales Account