The Latest research coverage on Freight Audit and Payment Market provides a detailed overview and accurate market size. The study is designed considering current and historical trends, market development and business strategies taken up by leaders and new industry players entering the market. Furthermore, study includes an in-depth analysis of global and regional markets along with country level market size breakdown to identify potential gaps and opportunities to better investigate market status, development activity, value and growth patterns.
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The Freight Audit and Payment Market Study by AMA Research gives an essential tool and source to Industry stakeholders to figure out the market and other fundamental technicalities, covering growth, opportunities, competitive scenarios, and key trends in the Freight Audit and Payment market.
What is Freight Audit and Payment?
Freight audit and payment are an essential process for the management of supply chain costs. Freight audit and payment modernize freight payment systems and reduce the administrative and operational burden of manual freight intervention. Freight audit and payment companies provide contract optimization services to offer solutions at the lowest price. A freight audit and payment is a business process, in which a company’s freight bills are inspected, adjusted, and verified in order to achieve accuracy. Freight audit and payment help in avoiding time-consuming tasks such as sorting invoices, auditing and approving invoices, receiving and opening mail, and paying and assigning a general ledger code.
On 9th October 2020, enVista, a global software and consulting services provider, optimizing and transforming digital and physical commerce, has announced the launch of its Premier Freight Audit and Payment RFP.
Major & Emerging Players in Freight Audit and Payment Market:-
nVision Global (United States),Green Mountain Technology (United States),PayAnyBiz (United States),CT Logistics (United States),Software Solutions Unlimited (SSI) (United States),ControlPay (Netherlands),U.S. Bank Freight Payment (United States),Cass Information Systems (United States),CTSI-Global (United States),National Traffic Services (Canada)
The titled segments and sub-section of the market are illuminated below:
Organization Size (SME (Small and Medium Enterprises), Large Enterprise), Platform (Linux, Windows, UNIX, Mac), Deployment (Cloud-Based, On-Premise), End User (Costs Air Freight/Delivery Services, Freight/Courier Services, Marine Transportation, Railroads, Transportation Services, Warehouse, Trucking), Solution (Control-Billing, Self-Billing, Account Management, Detention, Freight Payment, Others (Utility Bill Management, Waste Expense Management))
Market Trends:
Increasing Use of Analytical Tools
Market Drivers:
Increase in the need for Efficient Management Systems in the Transportation and Logistics Industry
Growing Freight Costs are anticipated to Rise in the Near Future, due to a Rise in Oil Prices
Challenges:
Intense Competition Among the Competitors
Opportunities:
Technological Advancement and Development in the Freight Audit and Payment
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What are the market factors that are explained in the Freight Audit and Payment Market report?
– Key Strategic Developments: Strategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors.
– Key Market Features: Including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin.
– Analytical Tools: The analytical tools such as Porter’s five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
Strategic Points Covered in Table of Content of Freight Audit and Payment Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Freight Audit and Payment market
Chapter 2: Exclusive Summary – the basic information of the Freight Audit and Payment Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the Freight Audit and Payment
Chapter 4: Presenting the Freight Audit and Payment Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region
Chapter 6: Evaluating the leading manufacturers of the Freight Audit and Payment market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
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