As the fiscal year winds down, the accuracy of freight accruals can make or break the credibility of a company’s financial close. Freight spending is often one of the largest variable expenses in the supply chain, yet many finance teams find themselves in a rush to reconcile late invoices, open shipments, and unresolved disputes weeks after closing the books.  

During a routine audit for a Fortune 100 client, ITS uncovered over $1 million in fraudulent freight charges linked to identity misuse. Thanks to our proprietary audit software and vigilant human oversight, the issue was flagged early, contained quickly, and resolved before more damage was done. This case highlights the growing threat of freight fraud—and the power of technology-driven auditing to stop it in its tracks.

An overview of the many opportunities created by data analytics in terms of freight bill audit and payment, including time and money savings