Trust & Verify – Best Practices: Financial Due Diligence and the Outsourcing of Freight Bill Audit and Payment

There are billions of dollars circulated globally for the movement of goods. Transportation costs can be higher than any other expense. It is critical that companies carefully choose their freight payment provider. Performing due diligence on the vendor’s financials not only protects the company’s funds, but also reassures they’ll not lose money and be indebted to any carrier. This whitepaper highlights a number of steps that can be taken to ensure a successful relationship, and protect and minimize the financial risk to the outsourcer.