Apart from documentary letters of credit issued by banks to ensure the transparency of overseas transactions, freight auditing has now become standard practice for freight companies. On the surface it might seem like the best freight audit recovery companies don’t do much, but in reality, their best practice standards have saved businesses billions the world over, and clients too.
Chart A Way Forward
Never take the results of freight audit companies for granted. Freight or cargo auditing encompasses financial review and analysis, reporting and eventually control and compliance. In the latter case a freight company is then given a map forward on the basis of the results of an independent audit.
Business Intelligence: Viability Concerns
Business intelligence is basically doing business the smart and efficient way. In a lot of ways it revolves around fixing common errors so as to to ensure business viability. For example, if an audit reveals an billing problem, it should be fixed immediately as billing must always be according to agreed tariffs.
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