To increase the profits of our clients by ensuring the most efficient shipping charges possible and maximizing control over their logistics with reporting and analysis, all without changing their current business processes or adding additional personnel.
Princeton Profit Associates is a privately held freight auditing company based in Princeton, NJ. We have been in the Freight Bill Audit and Invoice Management industry for over 8 years. The principles come from a shipping background, all working together in a company that shipped over $15 million dollars a year. They understand the issues from a user point of view. Having a strong need for better-organized billing, and a deep software development ability, a software package was created to audit internal shipping bills.
The first year in use, our company $340,000, and a new company was born. We now save our clients thousands of dollars a week, ensuring our clients the lowest shipping charges; but we didn't stop there.
Building on our successes, we have expanded this philosophy of software knowledge and shipping invoice auditing to an even greater level. We can now offer our clients a unique look into their business process, give greater ability in cost allocation, ultimately helping them make more effective business decisions. Areas that few other companies can duplicate.
Our innovative services allow our clients to increase profits, reduce costs, increase company effectiveness and company productivity....all at NO cost and with no additional effort on their part, fulfilling our company mission:
In these tough economic times, this is a service you cannot and should not do without!
Case Studies
One of our clients has built its reputation by shipping only the freshest premium lobsters right to your door. They insure this freshness by getting their product to the customer overnight. However, this in-turn creates a huge logistical paper nightmare, not to mention the shipping costs.
They asked for our help. Their goals were to streamline and better understand their shipping costs, eliminate all service failures and over charges, and ensuring that they were only paying for what they should.
Sure they could have done it themselves manually, hiring additional people to do the work. But they’re in the lobster business, not the freight audit business.
In Q4 of last year, PPA saved them almost 20% off their shipping costs. And the savings were generated before they paid their bill, increasing their cash flow by thousands of dollars.
That’s sure a lot of Clams!
Selling personal computers over the TV is an interesting business. And this customer has been doing it fast and furious for over 10 years. With PC’s weighing in excess of 70lbs, that computes into big shipping costs for the company…almost $3 million dollars a year!
So they asked PPA to confirm their FedEx shipments to make sure they are only paying for what they should…eliminating any service failures and/or over charges.
SureTrak reduced their bill by almost 4%…that’s a savings of about $120,000! And our free “Shipments per Zip Code” report allowed their marketing department to do more informative and efficient media buys, increasing their overall sales.
Personally compute those savings!
A multi-billion dollar international importer and exporter of technology parts, this client shipped thousands of packages a day, to thousands of customers a day, in thousands of different cities a day. It is no wonder they used a shipping confirmation service.
However, they weren’t using PPA’s SureTrak. But when PPA did a test and showed how our service was more efficient then our competitors, they switched overnight.
In one monthly audit, PPA saved them over $60,000. Additionally, our “Who Used Your Account” report helped them put more control on who can use their FedEx account numbers.
An audit a day keeps the high bills away!
