JPMorgan's new Freight Payment and Audit Solution helps importers and exporters achieve lower freight costs, greater control of global transport operations, and more actionable insight into supply chain sourcing and shipping decisions. This electronic payment and transportation management offering is a global, multicurrency solution where numerous credit and non-credit payment options are available and program oversight is managed via JPMorgan's freight-payment hubs in North and South America, Asia, and Europe.
Best-in-class technology and automation help clients gain greater control over the entire freight validation, payment, and information management procedures. JPMorgan's global trade experts manage the process and help identify opportunities for transportation cost reduction with an in-depth analysis of how clients utilize transportation services. The process works in six easy steps: freight data collection, auditing, allocation, payment, reconciliation, and analysis.
Company: JPMorgan Global Trade Services
Company URL: www.jpmorgan.com/ts