accurate, prompt payment. “Eliminating unnecessary collection expenses adds value for both parties,” Burglechner says. As part of its ongoing investment in technology, U.S. Bank is exploring the use of AI to analyze proof-of-delivery images. This solution would determine if an associated image does in fact contain the information necessary to accurately validate information provided on the invoice. Keeping Client Data Secure Another way in which U.S. Bank sets itself apart is its ability to ensure data integrity and security. It continues to invest in its world-class, Tier IV data center to safeguard client information. As a federally regulated nancial institution and payment provider, U.S. Bank’s audit and compliance standards far exceed those of ntech companies, Burglechner says. These steps are key, given the
ongoing theft of both physical cargo and electronic data, he adds. Over the past six years, U.S. Bank partnered with a major apparel retailer to provide freight audit and payment solutions tailored to the company’s growing needs. Within four years, initial audits of the client’s small parcel invoices uncovered cost savings that topped $10 million. The partnership between the two companies has expanded to include all the client’s North American freight and parcel invoices. Cumulative savings now exceed $100 million, Burglechner says. U.S. Bank’s freight payment division continues to invest in solutions that boost automation, speed payments, and provide advanced analytics, empowering clients to make smarter, more proactive decisions. “Our solutions make it simpler to audit and approve transportation expenses,” Burglechner says. n
on their own, driving smarter supply chain management, Burglechner says. U.S. Bank’s focus on carriers, as well as shippers, is another differentiator. “We give carriers a voice,” Burglechner says. U.S. Bank includes carriers on its Advisory Council, where they play a crucial role in helping to establish the product and development roadmap. Collaborative online tools allow shippers to quickly process, pay, and resolve exceptions, enabling them to become shippers of choice. As an active board member of the National Motor Freight Trafc Association’s Digital Standards Development Council (DSDC), U.S. Bank is helping to drive industry API standardization. Because U.S. Bank’s solutions support positive business rule changes and a collaborative invoice approval process, they ensure shippers pay only what they owe, while carriers receive
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Experienced global teams dispute, resolve, and reclaim dollars others miss. RECOVER WHAT’S YOURS Accurate payments, compliant processes, and confidence in every shipment. STAY IN COMPLETE CONTROL
AI audit engine validates invoices line by line, in real time.
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Atlanta, GA (USA) ● San Jose, Costa Rica ● Maastricht, Netherlands ● Cluj, Romania ● Kolkata, India ● Delhi, India ● Ningbo, China sales@nvisionglobal.com www.nvisionglobal.com
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