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Increased frequency of human errors that are overlooked in the areas of copying, recording, and calculations.Limited insight in audits, as only so much can be calculated and traced manually.High back-office expenses that often go unaccounted for in the budgeting and auditing processes.
The most common issues with small parcel auditing and freight auditing invoicing can include:
#DEFINE PARCEL MANUAL#
The problems that come from relying on outdated methods such as manual auditing and processes can greatly impact the supply chain.
#DEFINE PARCEL SOFTWARE#
Small parcel auditing software does this with a specific focus on a large number of small parcels and one-off non-commercial orders that make up the bulk of e-commerce shipping today. Supply chain audits analyze every charge incurred during shipping and deliver a comprehensive report that managers and team members use to identify issues and take advantage of shipping cost reductions wherever possible. Why Shippers Need It: Problems With Manual Auditing and Invoicing.
Automated parcel audit software analyzes shipping data and helps to keep keep the business financially healthy, even during uncertain times of economic instability and market volatility. With the continually increasing need to evaluate supply chain operations, auditing makes it easier to see where costs are out of hand and need better control and closer monitoring in addition to where carriers are failing as well which affects repeat customers. This is where small parcel auditing software becomes essential for the modern supply chain network. Keeping track of profits, expenses, and day-to-day functions within the supply chain remains difficult even during the best of times. More options, more product, more customers, and more money has created a competitive and complex marketplace. The technology boom led to many new small businesses and startups, offering consumers even more opportunities to buy things and make purchases online. In this article, we’ll talk about what small parcel auditing software can do and why shippers need to use such systems. Major shippers spend a cumulative billions in the small parcel market and the utilization of small parcel auditing software to catch invoice errors is critical to hit transportation spend management goals and recover millions in incorrect billing, helping companies keep profit margins in tact. Same-day delivery service has a worth estimated at nearly $5 billion and is expected to grow for the foreseeable future. In the past few years, 100 billion+ mailpieces and parcels have been shipped across the United States to customers big and small.
#DEFINE PARCEL DRIVER#
The sheer size of the small parcel market alone has put an unanticipated amount of pressure on shippers to meet rising customer demands while dealing with tightening capacity, driver shortages, and unrelenting financial pressures. The shipping and parcel transportation industry has experienced unprecedented growth for much of the past decade and especially in recent years, thanks to the increasing popularity of e-commerce shipping.
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