The freight business is 12% of the global economy, and 40% of the global economy is dependent in some way on freight and logistics. If talking about the U.S. only, nearly every good is put on a truck at some point. Trucking is the largest contributor to the global supply chain and logistics. There is fierce competition in the trucking industry because of low barriers to entry.
Building an in-house team is an expensive and time-consuming affair. Through outsourcing, you can add competent people to your team without wasting time and resources on the hiring process.
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Outsourcing services are an integral part of various industries due to the heavy repetitive workload and demand for efficient services. Banks and financial institutions face challenges in reducing overhead costs, increasing efficiency, and managing heavy minute operations on a global scale. Read More
Trucking is a very labor-intensive industry. Companies require skilled workforce for every vertical of the business. The trucking industry has faced a lot of additional unforeseen challenges over the last year owing to transport freezing and stoppage of cross-border trade in the wake of the pandemic. Read More
A Non-Profit Organization (NPO), in contrast to a usual profit-making business, is incorporated and executed to provide services for societal, public, and communal benefit. Unlike regular organizations, these entities do not run to earn a profit. Any excess of revenue over expenditures does not go to the private parties and is used to fulfill the organization’s mission and objectives.
Under the global industry perspective, there is accelerating adoption of accounts payable automation through outsourcing services. It will drive the growth of the global AP automation market in the years ahead. Read More
In the quest for global value creation and higher performance, corporations always need to be on the lookout for waste reduction activities. To manage the processes efficiently, numerous options are available in the market with the latest technology and automation. To understand how these latest technologies can help your company and keep accounts payable at the core of efficiency, read on to learn more. Read More
Processing bills of Lading and Freight Bills correctly and quickly can help Trucking Companies increase their Revenue. A mistake made while processing these documents can cost logistics companies money and time. Read More
Trucking companies outsource many back-office tasks to improve their operational efficiency. Back-Office tasks such as data entry, freight bill processing, logistics need to be managed. Trucking companies have many recurring tasks such as order fulfillment, tracking various shipments, collecting payments from their clients, paying their employees and drivers. Read More