Blogs

In the business of freight forwarding, managing financial accuracy is highly valued and plays a vital role in eliminating all errors for profitability. Vendors, carriers, and clients all rely on you to keep things running smoothly, but even something as basic as a payment mismatch can cause a wave of operational havoc. This is where […]

It’s never too late to be able to focus on growing your freight business without having to worry about the intricacies of balancing financial records. This is where outsourcing bank reconciliation can make a significant difference. For many freight companies, handling finances, particularly tracking every transaction across many accounts, becomes a daunting undertaking. Outsourcing bank […]

Client Overview In 2018, a prominent U.S.-based logistics company partnered with FOS Desk to manage their Daily Status Report (DSR) system, which served as the core communication and tracking tool across their logistics and supply chain. Initially, the client’s needs were focused on basic daily reporting, but as their operations expanded, the complexities and scope […]

Client Overview A major US logistics provider wanted to improve its operations and simplify the transfer of goods between China and the United States. Due to time zone differences and operational challenges, managing cross-border logistics became difficult, affecting shipment planning and customer satisfaction. The client entrusted the FOS Desk with managing Daily Shipment Reports (DSR) […]

About Company A well-known American freight forwarding business that excels in providing full global logistics services and is committed to offering effective and affordable solutions for international logistics and shipping, focusing on supply chain optimization and on-time delivery. However, like many logistics companies, struggled to control operating costs and improve employee productivity to keep outstanding […]

Introduction You might be interested to hear that, on average, an organization writes off 5% of its account receivables as bad debt each year. Thus, in logistics organizations where cash is the vitality, account receivable management may be essential to development or survival. Information on potential account receivable issues is critical for a company’s effective […]

Introduction In logistics, effective and comprehensive cash flow management is important to ensuring proper service delivery. In this regard, Accounts Receivable (AR) and Accounts Payable (AP) are two useful components of the process. Accounts receivable, or AR, indicates the amount that clients still owe logistics companies for services rendered, and accounts payable, or AP, indicates […]

Introduction In the logistics transportation business shippers are always in search for ways on, how they can cut down on freight cost. However, choosing the best freight shipping and transportation services that are cost-effective for your bottom line can be difficult due to the many variables that go into rate calculations. Knowledge of these variables […]