The Paper Chase – E-Invoicing’s Impact on Ocean Freight Billing, June 5th, 2013, 12 PM EDT
The ocean freight invoicing and payment process remains firmly rooted in a bygone era. Transactions are still overwhelmingly reliant on paper invoices and mailed checks, which can result in expensive inefficiencies, high dispute rates, and slow payment. What’s more, there’s little in the way of standardization across the two dozen or so major ocean carriers, meaning shippers and their intermediaries have to account for different formats with each of their lines.
This 60-minute interactive discussion will look at efforts to increase usage of e-invoicing in the ocean freight market, how standardization of the industry might help, and what billers and payers should know going forward.
Key discussion areas will include:
- Why adoption of electronic invoicing and payment in the ocean freight market has lagged other modes
opportunities e-invoicing provides to increase operational efficiency,
reduce dispute resolution time, and improve customer satisfaction
- How carriers and third party logistics providers are addressing this challenge
- The importance of standardizing invoicing across the carrier market
- Best practices for billers and payers to get started with e-invoicing
Expert panelists will include:
REGISTER HERE: The Paper Chase – E-Invoicing’s Impact on Ocean Freight Billing, June 5th, 2013, 12 PM EDT
- Steen Erik Larsen, head of IT delivery ops, TnM & Finance, Maersk Line, Copenhagen
- Wai Wong, vice president, seafreight processes, systems & training - North America, Kuehne + Nagel
- Rod Agona, managing director, EIPP INTTRA
- Moderator: Eric Johnson, research director and IT editor, American Shipper
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