Freight & Trade Alliance (FTA) appreciates the support from BravoTran as a sponsor at this year's Australia & New Zealand Shipping & Logistics Conference, where delegates had the opportunity to meet the team and learn more about their solutions focused on freight invoice management and accounts payable automation One of the recurring themes throughout the conference was margin pressure across the freight and logistics sector. While much attention is often given to revenue growth and operational efficiency, identifying and recovering margin leakage remains an ongoing challenge for many businesses.
To explore this issue further, FTA is pleased to host an exclusive webinar featuring Nate Perkins, VP & GM of Payables at BravoTran.
Your Invoices Aren't Checked. Here is Where the Margin Goes, and How to Get It Back.
Margins are tight across freight. Recent research suggests that the gap between top-performing and average businesses is often not the market itself, but execution, with accounts payable representing a frequently overlooked source of margin leakage.
Container detention that was never accrued. Rates that are slightly different from contractual agreements. Charges arriving weeks after shipment completion when no one remembers the underlying job. These costs can accumulate quickly and often go unnoticed simply because teams do not have the time to review every invoice line by line.
In this practical 30-minute session, Nate will walk through real-world freight invoices and discuss: - how margin leakage occurs at the invoice level;
- the five exceptions that commonly cost freight businesses the most;
- responsibility and ownership of invoice exceptions; and
- how modern accounts payable processes can enable teams to focus only on exceptions requiring attention.
Whether you are responsible for finance, operations, forwarding, customs brokerage or business management, this session will provide useful insights into protecting margins in an increasingly competitive market. |