October 20186 logisticstechoutlook.comLinda James Managing Editoreditor@logisticstechoutlook.comAccording to researches, more than 80 percent of shippers today overpay for their freight. Without regular freight auditing, the volume of overpaid or fraudulent bills can become unmanageable. This scenario is leading shippers and supply chain executives to utilize the capabilities and resources of a third-party logistics (3PL) provider, or beyond that, a logistics solutions provider (LSP).To enable enterprise-wide visibility and complete monitoring of freight expenses, organizations today are inclining largely towards intelligence of transportation management systems (TMS). These solutions combine leading-edge technologies with deep industry expertise and offer clients omnichannel methods to optimize freight payment operations. Further, with the help of big data and analytics, organizations can bridge the gap between shippers and carriers by providing actionable insights without the need for IT resources.Coupled with these developments, to improve the payment processes and reduce disputes in freight management, companies are turning to innovative technologies including blockchain, automation and AI. These advanced technologies are helping the freight industry to digitize payments and address specific stumbling blocks such as automation and lack of trust. With new regulations, compliance, and globalization becoming a major concern, choosing right solution can prove to be a major differentiator between success and failure. With plethora of solutions in the market, Logistics Tech Outlook with its team of experts has come up with a list of "Top 10 Freight Audit and Payment Solution Providers - 2018."Flip through the pages and let us know your thoughts.EditorialControl through AuditCopyright © 2018 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.OCTOBER, 2018Phone:510-996-5173, Fax:510-894-8405sales@logisticstechoutlook.comeditor@logisticstechoutlook.commarketing@logisticstechoutlook.comContact Us:Email:Managing EditorLinda JamesEditorial StaffSalesAaron PierceAva Garcia Jade Ray Joshua ParkerJustin SmithVishnu SanthoshVisualizerJohn gouthamIssac GeorgeAndrew Smithandrew@logisticstechoutlook.comFREIGHT AUDIT AND PAYMENT SPECIAL*Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffOCTOBER, 2018, volume 04 - 04 Published by ValleyMedia, Inc. To subscribe to Logistics Tech OutlookVisit www.logisticstechoutlook.com
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