Global Freight Audit and Payment Service Market Size, Status and Forecast 2021-2027

A freight audit and payment service usually consists of the following services: Collecting invoices from the carrier Freight invoice auditing (preaudit or postaudit*) Physical payment to the carrier Aggregate billing to the shipper for freight costs incurred Allocation of transportation costs to individual cost centers Detailed reporting for logistics costs and service The outsourcing of the freight audit and payment function in the U.S. is a well-established practice with many reputable vendors. Many shippers and 3PLs have outsourced the auditing and paying of invoicing to a vendor, and this has resulted in major savings and improved accuracy. Outsourcing freight payment in Europe and Asia as a practice is not as well-adopted as in the U.S. but the market continues to grow in each respective region.

Market Analysis and Insights: Global Freight Audit and Payment Service Market
The global Freight Audit and Payment Service market size is projected to reach US$ XX million by 2027, from US$ XX million in 2020, at a CAGR of XX% during 2021-2027.
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Global Freight Audit and Payment Service Scope and Market Size
Freight Audit and Payment Service market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Freight Audit and Payment Service market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Cross-border Trade
Domestic Trade

Segment by Application
Ocean Transport
Air Transport
Land Transport
Combined Transport

By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
Acuitive Solutions
Blume Global
Cass Information Systems
ControlPay
CT Logistics
CTSI-Global
Data2Logistics
enVista
Green Mountain Technology
Intelligent Audit
INTERLOG
nVision Global
RateLinx
Software Solutions Unlimited
TranzAct
Trax
U.S. Bank