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| Back to API News | | | | Company > News API OUTSOURCING PROVIDES ENHANCED FREIGHT PAYMENT SOLUTIONS St. Paul, July 14, 2005 – API Outsourcing, Inc. (API), a business transformation outsourcing company with a dedication to automating Shipping Departments' complex freight payment processes, announced recent enhancements to its state-of-the-art freight payment service. "Clients demand more than just reduced costs from outsourcing their complex freight payment process," said API Outsourcing Executive Vice President J. Peter Donlon. "They need value-added tools to achieve strategic business benefits." API's enhancements to its automated workflow-controlled system include more robust invoice drill-down capabilities for Shippers; acceptance of credit card payments; an electronic data interchange (EDI) capability; direct linkage to the Shipper's or third party rating/audit system, and automatic notification to Carriers of missing support documentation. These enhancements - combined with Shipper, Carrier and electronic payment access portals - provide a complete end-to-end freight payment solution. "The Shipper benefits from this solution have been improved accuracy of invoicing; elimination of duplicate payments; strengthened management of cash flow; enhanced audit and financial controls; and reduced invoicing and settlement costs of 30% to 60%", added Donlon. "We have been pleased with the market demand for our freight payment offering and have received orders from Shipping Departments in 60 companies working with more than 135 carriers." About API Outsourcing, Inc. API Outsourcing, Inc. (API) is a leading provider of state-of-the-art billing and accounts payable automation solutions to the Freight and Logistics industry. Headquartered in St. Paul, MN, outsourcing services are delivered through onshore production facilities located in Minnesota and Wisconsin. API delivers services to transform clients' manual paper-dependent billing and accounts payable processes into innovative automated processes. The company currently manages over 250 million transactions annually. Clients benefit from the significant increase in process efficiency, profitability and financial control. API is a Six Sigma service provider. Please visit www.apioutsourcing.com or call 651.675.2600 to learn more about the business benefits being delivered to clients. |
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