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LOGISTICS

Streamlining Financial Management for a Logistics Company

Client challenge: Managing carrier invoices and tracking transportation costs across regions was manual and prone to duplication errors.

Client-Managed Support

"This engagement was delivered as a client-managed offshore accounting setup."

Challenge

Managing carrier invoices and tracking transportation costs across regions was manual and prone to duplication errors. The volume of paperwork was drowning the AP team.

OFP Role & Responsibility

What OFP Did

Provided a team to process all carrier invoices and perform transportation cost analysis under client supervision.

What Client Kept

Logistics Manager approved payments and handled carrier disputes.

Ownership Held ByClient Admin Manager.

Outcome

Improved cost tracking accuracy by 38% and heavily reduced the compliance workload. Fleet asset management was also optimized.

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Streamlining Financial Management for a Logistics Company

Client Profile

IndustryLogistics
Size / StageInternational
RegionAustralia (Brisbane)

Project Details

Duration12 months
Team Size3 OFP financial specialists with logistics industry expertise

Technical Domains & Expertise

Multi-Currency Financial SystemsTransportation Cost Analysis ToolsFleet Asset Management Software