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Increase Working Capital Through Best Practices In Freight Expense Management

Sponsored By Cass Information Systems Inc.

Topics:: Accounting > Cash Flow , Working Capital; Finance & Risk Management > Expense Management

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Abstract:: Evaluate your Freight Payment Process to improve working capital, gain greater flexibility in invoice processing, and more.

How your freight payment model is designed - whether you outsource or manage payments in-house - makes a significant difference for the organization in working capital and a number of other areas. This white paper will give you the tools to evaluate your processes in a way you've never done before. You will learn how to:

* Identify hidden working capital costs
* Determine if your payment model is best aligned with your business needs
* Identify sub-optimal processes exposing risk or slowing payments
* Find out if you are receiving the full benefits of extended terms with carriers

This paper shows how a best-practice freight payment model should be structured, and provides the many reasons organizations should aspire to this standard.

DETAILS

Sponsored by: Cass Information Systems Inc.

Released: January 26, 2010

Length: 7 pages

Format: PDF (223 kb)

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