How Freight Audit Helps Boost Cash Flow and Profitability

Managing costs have always been an important and challenging task for Logistics companies across the world.  Now, it’s increasingly becoming a priority for improving profitability. According to research, nearly 80% of Logistics companies are overpaying their vendor partners for services delivered. Besides, they do little to correct payment error; this can cause negative cash flows and a decline in profitability.

KYC Importance: Why it is no longer just a compliance parameter?

Banks and financial institutions (FIs), dealing with complex, continuously changing and rapidly expanding KYC/AML regulations has become a way of life. As money laundering and terror financing networks become increasingly hi-tech, it is crucial for FIs to comply with regulations and spot the bad apples, while they are still early in their game.