Rochelle Park, NJ, Oct. 16, 2018 /PRNewswire/ -- Intelligent Audit, the leader in global freight audit and transportation spend optimization solutions, has been recognized in Gartner's September 2018 Market Guide for Freight Audit and Payment Providers as a Global FAP Provider. Included for the first time in this year's Market Guide is additional research and detail regarding several FAP vendors' abilities pertaining to functionality, industry, and geography. Intelligent Audit is on a short list of vendors with capabilities across every category deemed critical by Gartner.
Bart De Muynck, Research Vice President focused on Transportation Technology at Gartner, authored the guide which states, "[i]mproved freight spend visibility and freight audit accuracy are needed to improve transportation performance and lower freight costs in the face of increased transportation challenges." In the piece, Bart recommends that supply chain leaders should "assess freight audit solutions beyond the price of processing and paying invoices. Use FAP data to provide key insights that will lead to improvement of your transportation procurement, network optimization processes and performance." He adds, "[t]he biggest value of a FAP solution . . . is added through the BI [business intelligence] that a freight bill payment provider generates, as well as the key insights into the customer's freight spend."
"Freight audit has evolved far beyond basic invoice processing and refunds. The real value we bring to our clients is complete spend visibility and a robust analytics platform that can drive meaningful process improvement and optimization. Gartner truly understands our industry and the benefits of choosing the right FAP partner. We're honored and excited to have been recognized in this year's Market Guide," said Hannah Testani, Chief Operating Officer at Intelligent Audit.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About Intelligent Audit
Intelligent Audit is a leading provider of freight audit and recovery, business intelligence analytics, and transportation spend optimization solutions. Intelligent Audit helps customers reduce spend with its best-in-class audit and reporting platform which uncovers opportunities for cost reduction and process improvement.
With more than 2,500 clients representing more than $9 billion in aggregate transportation spend across all modes and geographies, Intelligent Audit provides insights that help companies ship smarter.
SOURCE Intelligent Audit