How Technology Is Transforming Freight Payment for Shippers

Freight payment is a function that is often overlooked by domestic and global shippers, largely because it’s seen as a routine finance process, and not one with more intrinsic value and challenges. Accurate invoices not only enable a smoother payment process but also yield hugely valuable shipment data that can be used to measure service providers and impact future procurement cycles. A smooth payment and audit process also can help a shipper be a better customer for its carriers and third-party logistics providers. In recent years, technology and business models around the freight payment and audit process have become more refined, but it’s still a highly fragmented section of the industry, with little regulation.

This webcast will explore how technology providers in the domestic and international freight management markets are helping shippers manage this process more effectively and profitably.

Moderator/Presenter:

Eric Johnson, Senior Editor, Technology, JOC, Maritime & Trade, IHS Markit

Speakers:

Cecil Bryan, President, Logistics Alliance Network

Brad Klaus, CEO, Haven

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