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Why Do You Need Weekly FedEx Audits?
Performing weekly FedEx invoice audits is vital to finding mistakes and overcharges that are taking away from your profits. Every hidden FedEx mistake results in money lost. Weekly audits help to lower your transportation costs and keep more of your profits for yourself.
Why Not Do Your Own Audits?
It is not advantageous for companies to audit their weekly invoices on their own. And those who attempt to do so, run into a variety of problems.
1. It requires a huge amount of time to perform weekly line-by-line audits for all FedEx’s services, including express, ground, international and freight. Time that could be better dedicated to seeing to your company’s core business. You end up spending $50 to save $10.
2. You would also need to have resources that are solely dedicated to invoice audits, which is likely not feasible or efficient for the average company.
3. The world of invoice auditing has become so complex that potential savings could easily be overlooked. Those who are not experts in the field can simply miss significant mistakes.
React Fast to Save Big
FedEx is known for overcharging for many services; duplicate charges, dimensional weight, address corrections and many more. Late shipments and other billing mistakes need to be addressed quickly because FedEx customers only have 15 days to file a claim for a late delivered package. This requires you to be thorough––and quick––about each invoice audit, instead of simply spot-checking them.
Unique to FedEx is they function with pre-audits, allowing you to audit your invoices and check for mistakes before you pay each invoice. The convenience of this is you don’t have to await refunds in the same way you do for other parcel carriers, however, for the same reason, the audits do need to be handled quickly.
At LJM Group, our deep knowledge and direct experience of the inner workings of the FedEx pricing department allows us to recognize these errors, and the refunds available. We ensure FedEx only charges you what they are supposed to, and the mistakes and overcharges are addressed immediately. You will be aware of everything we discover, so you can develop an understanding of what a significant difference the audits will mean for your company. You deserve to save thousands, annually, and you will, by becoming an informed shipper when partnering with LJM. We provide customized audit reports allowing you to see the results and discounts you have earned based on your own shipping habits and parcel characteristics.