Why your company needs accounts payable services and how does it function?
07 Oct,2021 Read MoreWelcome MAX BPO
Posted by maxbpoblog Sep 05,2019
Process of freight payment and auditing services are always tedious and complex process to handle within an organization, as it requires resources and expertise who can handle the entire Freight Bill process such away that increase the efficiency of the organization without overwhelming the financial obligation on Freight bill Processing. Basically a freight bill consists of details of shipment and other terms and condition pertaining to consignment and audit is needed to be examined and validating to pay accurately to the carrier.
There are numerous problems and complications are being experienced by companies in handling freight bills, to an estimation 3 out of every 5 freight bills, issued by carrier has errors, which if are not addressed, may cost company a considerable financial losses every year. It’s a streamline process that extracts the relevant data from freight bill and makes an ideal freight invoice showing the adequate amount to be paid by consignee.
There are lots of challenges in auditing a freight bill with full of efficiency and adequate knowledge. For example drawing a freight bill always leaves a space for human errors, if transport agency or carrier doesn’t have appropriate knowledge on recording of fuel cost and doesn’t record about refund charges it may negatively affect the monthly spend of shipper.
In order to have a full-fledged freight bill audit unit within an organization costs a fortune to company, as you need to integrate an auditing system that ensure you pay the exact outstanding. If we add up all these costs, it will certainly bring the company cost to a certain high level that will bring the profit down. The company may struggle to meet the bottom line for long period of time.
The smart companies have found the most practical solutions to the above mentioned problems, by outsourcing their freight bill processing to some outsourcing agency who knows in and out of freight bill processing.
Here’s a glimpse of benefits of outsourcing freight bill auditing to an expert.
Automated process of auditing Freight Bills
Once your freight bills are digitized on a server to automate the system, with all inclusive parameters, like gas and flue charges, refund charges, and other relevant details, it checks the freight invoices in a very short span of time and gives a 100% accuracy. If you are going to save only 2-3% on your freight charges, then it will make a huge impact on your profit and bottom line.
Efficient usage of existing human resources
Once a company decides to outsource freight billing auditing, they do not need an in-house auditing wing, additionally, they can use their existing manpower in other core-activities and leverage the profits in coming years.
More Focus on Your Core Business Activities
A company is always perfect in its core business for example a Television manufacturing company is best at manufacturing TV sets but may not be expert in non-core activities like scanning, receiving and auditing the freight bills, these are certainly non-core activities for the company. Once the freight bill processing is outsourced, the company is free to focus on core business activities, in this case the manufacturing of TV sets.
These days the demand of an expert and efficient outsourcing agency who is equipped to render world-class and most efficient logistic BPO services, is on rise. Most of the international companies always eye on Indian outsourcing companies to provide them Logistics BPO services at most reliable cost.
Why your company needs accounts payable services and how does it function?
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Maxdata has been supporting Bisnode in data processing for many years & represents a reliable & important partner for us. We therefore are looking forward to a continuing good business relationship.
I know that now we can rely on Max BPO to provide helpful advice that makes a meaningful difference to our business. Our operating model used to be stressful & was something we avoided. Max BPO provide Medical Coding, Billing, Collection, Records Indexing, Pre-Authorization & Charge Entry Services which enrich resource allocation, boost financial performance & increase the effectiveness of our business. Max BPO is part of our business now & a great asset.
Working with Max BPO is an outstanding experience. Since launching our claim management services with their suggestions, services & recommendations, we have experienced 55% savings in operating cost. They were dedicated to offer Reconciliation, Subrogation, Claims Verification, Claims Validation, File Closure, Claim Processing, Claim Adjudication & Portfolio Management. Handing over Business Process Outsourcing to Max BPO was our strategic option to achieve cost reductions while improving service quality, increasing bottom-line & focusing on core specialties of your business.
Our inbound & outbound leads have grown so dramatically. We proud to hire a dedicated sales team that is making sales calls & sending emails to potential customers (leads) for the purpose of generating interest & selling our App. That was never the case before using the customer acquisition & retention services rendered by Max BPO.
We developed a great partnership with Max BPO & their dedication to our data processing of online directories & account receivables. We appreciate their attention to detail, creative approach & experience to deal with our diversified requirements.
A great company to work with, for debt collections services! I worked with Amanda, she was very profession and the teams delivered the result in quick time with higher successful recovery rate. I really appreciated the professionalism and care she puts into her job. Great job!
MAXBPO data entry services are quick and efficient. The project manager was very kind and had good business understanding. The team helped in managing large volume of data as per our customized requirement. Their data entry services are competitive.
Had a great experience in working with the data entry team.
Ever since we availed MAX BPO Call center services, our inbound calls value was increased we required best call center who can give our clients support and feedback. Their customer service is amazing. The 24X7 inbound and outbound call center services were beneficial to our company growth.
We are very much satisfied with their call center services for past 2 years. This is a great partnership with amazing results!
We are very pleased with MAX BPO medical debt collection agency as choosing our outsourcing partner. True HIPPA Compliance Company. They provided us with full service medical billing and collection services that helped us in improving revenue cycle management. They know how to make good professional relationship with the insurance company and patient.
The debt collection team has good work ethics and local and nation law knowledge. Will recommend the company.
The data mining services availed by MAX BPO was amazing. The team delivered the project in quick turnaround time with 99.95?curacy as per industry standards. The data provided exact insight for business decision making.
They were able to meet up our requirement with great flexibility and professionalism. Would recommend the company and in future will surely use the cost effective services.
Perfect logistic data entry and audit services by MAX BPO for our Logistics business. Expert and experienced logistic clerks team in document processing for logistic business. The services were very highly accurate, cost effective and with minimum turnaround time. The team was very supportive.
Good Luck!
Outsourcing Account and Bookkeeping services to MAX BPO was the right decision by the management as they provided efficient financial data management. The professional services provided were cost effective, accurate and timely services. The team was dedicated and accurate and knows they job well.
The company has been providing bookkeeping services for past 5 years. Looking forward to work with them in coming years too.
MAX BPO is a true professional company when it comes to taking care of business bookkeeping services. They are experienced in the finance and accounting services and have been providing the services to our company for last 3 years. Must say the services are exceptional.
They have fantastic accounts team that are quick and efficient.
I would recommend and have recommended them to my business partners too.
We availed ecommerce product data entry services from MAX BPO, must say are thoroughly professional and expert in what they do. If you are looking to make a mark in online business and need help, you can 100% rely on MAX BPO.
There domain expertise is very good as they have super expert team in eCommerce shopping carts and platforms. The working experience with the MAX BPO team was amazing as they provided the project with deadline and at within our budget without compromising the quality.
We outsource Medical Bill Services to MAX BPO. We have switched our in-house billing to 5 years ago. Must say working with them was the best experience. Their services are consistent, reliable and cost effective. The expert billing team helped in increase reimbursements and quickly recovers outstanding claims. The services were transparent and used latest modern technologies that helped our company.
Medical Billing Experts that you can trust :)