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If your organization is involved with ocean freight or negotiating ocean freight rates, then there is a good chance you are owed a large amount of money. There are some reports that show a minimum of 10% of all ocean freight invoices are inaccurate and overpriced which means you are entitled to a substantial refund. Most of the errors are in the favor of the importer or exporter.

In order to get this money you need an ocean freight audit team that understands freight rates and how to review the accounts payable. Since auditing supply chain logistics involves many steps you have to find a professional organization that specializes in ocean freight audit.

Anyone who is concerned about the fees involved in ocean freight auditing has nothing to worry about. There is never a charge billed unless the freight auditing organization is able to secure a refund or credit for you. Now remember that a minimum of 10% of all invoices is incorrectly invoiced and that is your money being left on the table.

While reviewing the ocean freight audit company look at their track record of success, if the company does a great job they should have an extensive list of testimonials from satisfied clients. You have to do this little bit of due diligence to ensure the company you select to help you with your ocean freight auditing is the best one.