20% savings on economy and 5% on road transport – without changing carriers
"Invoice Audit is very easy to use. It's easy to generate a report on e.g. negative difference, download this report and send it to the carrier."
About MTO electric a/s
MTO electric a/s is a complete supplier of electrical components, enclosure solutions and accessories, importing and distributing over 40,000 quality products. Since 2019, the company has saved time, money and gained transparency in their freight with both Invoice Audit and Tender.
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Significant savings without changing carriers
With FreightSolution help for tender MTO electric a/s has significantly reduced its freight rates for 2021 and 2022. FreightSolution helped MTO electric optimise their new 2-year agreement and ensure the best combination of price and service.
"With the help of FreightSolution, we have managed to significantly reduce our freight rates for 2021 and 2022. On our economy shipments, this has contributed to a saving of 20%, and on road transport it has contributed to an overall saving of ~5% in all markets. And that's without changing carriers." says Logistics and Purchasing Manager, Lasse Eduard Johansen.
For Lasse, streamlining the process was crucial: "It would have taken a lot longer for me if I had to go through the prices from the carriers manually with Excel as before."
Automatic invoice checking saves time and ensures accuracy
In addition to Tender, MTO electric also uses Invoice Audit to check their freight invoices. The solution has made the process both easier and faster.
"Invoice Audit is very easy to use. It's easy to generate a report on e.g. negative difference, download this report and send it to the carrier. It's also quick and easy to get an overview of what can be approved and what you need to take a closer look at in a freight invoice." - Lasse Eduard Johansen, Logistics and Purchasing Manager at MTO Electric
“Invoice Checker is very easy to use. It is easy to generate a report on e.g. negative difference, download the report and send it to the carrier. In addition, it is easy and quick to form an overview of what can simply be approved and what you will have to look a little more closely at in a freight invoice.”
- Lasse Eduard Johansen, Logistics and Purchasing Manager at MTO Electric
Perfect solution - also for smaller businesses
For a smaller company like MTO electric A/S, Freightsolution has been a central tool in gaining transparency in their freight operations and reducing transportation costs.
In larger companies, they may have the staffing and tools to monitor invoice accuracy continuously, as well as analyze price lists during tenders. In many small and medium-sized enterprises, we don't have the same opportunities, and that's where I see Freightsolution as a valuable partner.
Based on our collaboration, the solution's price, the achieved savings, the time we save, and maintaining control over invoicing, I can only recommend Freightsolution.
- Lasse Eduard Johansen, Logistics and Purchasing Manager at MTO Electric
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