What is the use of CargoNet Freight Forwading solution ?

It’s not required to maintain Different software for different activities, like to open a docket in one software, for B/L Printing one software and for Accounts in a different one. All are included under one Roof Data of other branches shall be collected and it shall be maintained in the HO as and when required.

what are the core features of CargoNet Freight forwarding software?

Multi Location Data Collection Environment (MLDCE) Multi Location Data Integration Consolidated Reports of Branches Customized User Security Levels Document Management System In-built Accounting System In – Built Mailing System Credit Limits for Debtors / Creditors

How I shall be benefited ?

Our Freight forwarding software provides the Red alert of the Brokerage Bills not submitted to shipping lines as well the outstanding of the Brokerage bills which are not Set off. provides the Red alert of invoices that are not billed to the Customers. Provides the consolidated reports based on the Modules and the Branches Provides the Shipment wise Profitability reports based on the Job No’s, Salesman wise, Module wise Provides reports like SOB, Pre-alert, Stuffing, Loading, Transshipment details etc….on a Single Click Provides Consolidated Trial Balance, Profit & Loss, Balance Sheet, Ledger Report, BRS etc….

Does the CargoNet Provide Shipment wise Profitability report?

Yes! Provides the Shipment wise Profitability reports based on the Job No’s Provides the Shipment wise Profitability reports based on the Salesman wise Provides the Shipment wise Profitability reports based on the Module wise

Does the CargoNet Supports Different file format of the reports?

Yes! The Reports can export to PDF format, Excel, Word Format etc.

Can I Take the B/L Print Outs using CargoNet?

Yes! B/L print outs can be taken in a Single click

Is my Data is secured?

Yes! User Privileges can be set based on their Profile/Designation. Back up of the Data can be taken in a single click

How does freight forwarding software work ?

Freight forwarders provide their customers with a range of services including consolidation, documentation, freight payment and customs clearance. The service is offered by freight forwarders who serve as an intermediary between the shipper and the forwarder’s transportation network.

why freight agents use the software ?

Entering data about each shipment Finding out about rates Finding out about documentation Making bookings Managing quotations

How can the right freight forwarding software help a shipping company grow its business internationally?

The world is calling, but the struggle with complex international exports can be overwhelming. Shipping software allows you to: Optimize systems: Automate operations, expand productivity, and increase accuracy. To achieve global ordering: Track inventory in real time; compatibility with global networks; and make decisions based on data. Enhanced customer service: Respond quickly, provide clear information, and rise above language issues. Choose the right freight forwarding software to open your company to global growth.

What features should I look for in freight forwarding software?

Choosing the right freight software is like choosing your superhero gear – it empowers you to handle complex logistics and soar to new heights. Here are some basics to ensure your software is a real winner: Effortless Shipping: Imagine recording, tracking and reporting on shipments with a few clicks. Your software may simplify these processes, freeing you up to focus on bigger things. Simplified bookkeeping: Creating accurate quotes, invoices, and report cards is unlike paper invoices. Look for software that simplifies paperwork and keeps everything organized. Strong customer relationships: A robust CRM system in your software allows you to manage customer interactions, send personalized communications, and foster strong relationships – the foundation of any successful business. Data push decisions: Your software program can be your own record analyzer. Look for features that provide insightful analysis of overall performance, identify trends, and empower your company to make informed choices. Easy conversation: Does your software play well with others? Integrating accounting, CRM and visit management systems improves information flow and eliminates accounting silos – a huge win for efficiency By installing those essential components, you equip your logistics with the software muscle needed to overcome any system challenges and achieve breakthrough success

How do I implement freight forwarding software?

A quantity of steps are worried in integrating and employing freight forwarding software program (CargoNet) inside your commercial enterprise, these encompass: Evaluation and Planning: Assess the existing freight forwarding processes in your organisation and discover regions to be stepped forward. Establish your precise requirements and dreams for imposing CargoNet software program application. Develop a plan of implementation along with timeframes, sources and key individuals. Customization and Configuration: Collaborate with our implementation group in order to personalize the software program in line with the workflows or processes used by your very own organization. Set up configurations, user privileges, in addition to connections to other systems employed across your business enterprise. Data Migration: Prepare your present day Freight Forwarding statistics for migration into CargoNet. Make certain that statistics is accurate and sound by way of purging it off old data even as formatting it efficaciously

All you need to know

Blog

What is Freight Audit Software? A Comprehensive Guide to Accurate Freight Billing

Managing freight costs is a growing challenge for logistics and freight forwarding businesses. Research shows that up to 25% of freight invoices contain errors, costing businesses millions annually

Freight audit software has emerged as a game-changing solution, helping businesses automate invoice validation, eliminate errors, and reduce overpayments. Today, advanced solutions like CargoNet Freight Audit Software also integrate AI-powered tools to optimize freight cost management like never before.

This guide explores what freight audit software is, its importance, how AI enhances it, and how you can leverage solutions like CargoNet to save time and money.

What is Freight Audit Software?

Freight audit software is a digital tool that automates the process of validating, analyzing, and managing freight invoices. It ensures businesses only pay for correct and agreed-upon charges by cross-referencing invoices with shipment data, contracts, and carrier tariffs.

Incorporating AI, tools like CargoNet provide real-time error detection and cost analysis, allowing businesses to minimize discrepancies and gain full visibility into freight spending.

Why is Freight Audit Important?

Billing errors are not uncommon in freight management. Studies show that businesses overpay by an average of 3-5% of their total freight spend due to duplicate charges and incorrect invoices .

Implementing freight audit software is critical because it:

Eliminates Manual Errors: AI-driven automation ensures invoices are verified quickly and accurately.
Reduces Overpayments: Errors, duplicate charges, and rate mismatches are flagged automatically.
Enhances Financial Visibility: Real-time reporting provides transparency into where your freight budget is spent.

CargoNet Freight Audit Software helps businesses address these issues efficiently, delivering substantial cost savings and operational improvements.

How AI is Transforming Freight Audit Software

Artificial Intelligence (AI) is revolutionizing freight audit processes by making them faster, smarter, and more efficient. Here’s how AI enhances freight auditing:

Automated Error Detection:
AI algorithms can detect even the smallest discrepancies in invoices, such as incorrect rates, taxes, or duplicate charges.
Predictive Cost Analysis:
AI analyzes historical freight spending patterns to identify cost-saving opportunities and forecast future expenses.
Enhanced Decision-Making:
Real-time AI-generated insights allow businesses to make informed decisions on freight operations and carrier contracts.
Faster Processing:
AI reduces manual review time, processing thousands of invoices in minutes with near-perfect accuracy.

CargoNet’s AI-powered features ensure businesses not only validate invoices but also uncover actionable insights to optimize their freight spending strategies.

How Does Freight Audit Software Work?

Freight audit software simplifies the auditing process through automation and AI. Here’s how CargoNet Freight Audit Software works:

Data Collection: CargoNet gathers shipment details, carrier invoices, and contractual agreements.
Invoice Validation: AI cross-checks invoices against shipment records and agreed-upon tariffs.
Error Detection: Any billing discrepancies—such as overcharges or duplicates—are flagged for resolution.
Approval Workflow: Valid invoices are approved and processed for payment.
Actionable Insights: Generate detailed reports and analytics to improve freight cost efficiency.

By automating this workflow, CargoNet reduces manual effort, ensures accuracy, and provides a clear picture of freight spending.

Statistics That Highlight the Importance of Freight Auditing

25% of freight invoices contain errors, which often go unnoticed without automated tools (Source: Supply Chain Dive).
Businesses lose an estimated 3-5% of freight budgets annually due to incorrect billing (Source: Forbes).
Companies using AI-powered freight audit solutions report up to 80% time savings in invoice processing (Source: Gartner).

These statistics highlight the need for businesses to adopt advanced freight audit solutions like CargoNet to recover lost revenue and optimize spending.

Who Should Use Freight Audit Software?

Freight audit software is beneficial for:

Freight Forwarders: To manage multi-carrier invoices seamlessly across air, sea, and land freight.
Logistics Companies: To reduce operational costs and ensure financial accuracy.
Enterprises: To streamline high shipment volumes while maintaining cost control.

CargoNet Freight Audit Software is designed to be scalable and adaptable, making it suitable for businesses of all sizes.

Why Choose CargoNet for Freight Audit?

CargoNet combines automation, AI, and user-friendly features to provide the most advanced freight audit solution. Key reasons to choose CargoNet include:

AI-Powered Automation: Detects errors, reduce overpayments, and processes invoices in record time.
Seamless Integration: Integrates easily with ERP, TMS, and accounting systems.
Real-Time Reporting: Access detailed analytics to optimize freight spending.
Proven Savings: Businesses using CargoNet report significant cost reductions and efficiency gains.

How to Get Started with CargoNet Freight Audit Software

Here’s how you can transform your freight auditing process with CargoNet:

Request a Demo: See CargoNet in action and learn how it can save your business time and money.
Integrate with Systems: Connect CargoNet with your ERP, TMS, or accounting tools seamlessly.
Start Optimizing: Automate invoice validation, reduce errors, and gain full visibility into freight expenses.

Conclusion: Take Control of Your Freight Costs with CargoNet

Freight invoice errors can cost businesses thousands annually, but with freight audit software powered by AI, you can eliminate billing inaccuracies and optimize your logistics budget.

CargoNet Freight Audit Software is a proven solution that combines automation, AI, and real-time insights to deliver unparalleled cost savings and operational efficiency.

Contact us today for a free demo and discover how CargoNet can help you achieve 100% freight billing accuracy.

FAQs

What is freight audit software?
Freight audit software automates the process of validating freight invoices to eliminate billing errors and reduce costs.
How does AI improve freight audit software?
AI detects errors, predicts cost-saving opportunities, and processes invoices faster with higher accuracy.
How much can CargoNet save my business?
CargoNet helps businesses recover 3-5% of freight costs lost to errors and overpayments annually.
Is CargoNet suitable for small businesses?
Yes, CargoNet is scalable, making it ideal for businesses of all sizes.
How do I start using CargoNet Freight Audit Software?
Request a demo, integrate with your existing systems, and start optimizing your freight costs.