Parcel BI provides your company with business intelligence tools that go beyond traditional audit services. Our analytics platform exposes opportunities for savings long term and immediate actions that you can take to help your cost savings. But most importantly, our tools allow you to connect with your company's data, giving you more control and knowledge when it comes to your parcel spend.
There are a lot of companies out there that offer audits and then analytics after the fact, but Parcel BI emphasizes the analytics first.
We have a whole video on the difference between an audit versus really looking at the data and what that can do to reduce your spend. But an audit at the charge level can have a lot of value for reducing costs.
Audits are a great way to get money back from your shipping carriers when you are owed. An example of when an audit is helpful is when your carriers billed you incorrectly, or they didn't deliver your packages on time, and you're entitled to a refund. However, audits are a retroactive approach to saving on your parcel whereas Parcel BI is a tool to not only save you money with audits but also help you better understand how your business uses its resources and take proactive measures.
Our analytics help you improve your “ship”, then the audit is a way to deal with the unavoidable leaks. Other audit firms only focus on the gainshare they get from fixing the leaks, and do not address the root cause, and the avoidable leaks are not patched.
Trying to analyze your data solely on the results of an audit is just a time-consuming process. We offer our customers a single platform to understand your parcel charges and be able to use that data for long term savings.
Parcel BI offers the full package. Because our platform is so data-centric, our audit services are the best in the industry.
In this video is an example where we helped one of our customers save over $88,000 effortlessly. Our audit analysis shows that they have a lot of charges, some are significant, and others are smaller. It would take far too much time to investigate every transaction manually, as we demonstrate, there are multiple areas where you can see where you are being charged, overcharged, and rebilled. We encouraged this shipper to fix the charges we refund, such as address corrections, at the root cause, rather than looking to make money from a repeated mistake.
Overall, audits are a great way to save money on your parcel spend, but it is not good enough alone. If you really want to save long term on your parcel, you need to be in control of your data, and that is exactly what Parcel BI does for you. If you have any questions, contact us today and try our free demo to use your real data to see how our tools help you.