30-50% Cost Savings
Skilled Employees
300+ Clients in USA
OHI‘s transportation accounting services cover a wide range of essential functions, including accounts payable, accounts receivable, general ledger, payroll, and inventory management. Our team of logistics and freight accounting experts specializes in handling critical tasks such as carrier invoice processing, load settlement, and financial reporting. These services are designed to streamline your accounting processes, ensuring accuracy and efficiency.
Whether you are a small freight forwarder or a large logistics enterprise, OHI offers customized accounting solutions tailored to your unique business needs. Our goal is to help you achieve greater operational efficiency, reduce costs, and maintain compliance, allowing you to focus on core business activities while we manage your financial processes with expertise.
Realize cost reductions of 40%-60%
Scale up and down based on your needs
Focus on running the business instead of managing books
Use us as full-time, part-time or on as needed basis
Access to best practices derived from 300+ businesses
OHI specializes in controlling costs within the logistics sector. We work to identify cost-saving opportunities and implement strategies to reduce unnecessary expenses while maintaining the quality and efficiency of your supply chain operations.
Our team helps you create comprehensive budgets and financial forecasts. This proactive approach allows you to plan for expenses, allocate resources effectively, and make informed financial decisions to support your logistics operations.
OHI assists in managing your cash flow to ensure that your logistics operations have the necessary funds to operate smoothly. We monitor and optimize your cash inflows and outflows, helping you maintain financial stability.
We specialize in identifying and mitigating financial risks associated with logistics operations. Our risk management strategies help protect your business from unexpected financial setbacks and ensure the continuity of your supply chain.
OHI provides detailed and tailored financial reporting services. We generate reports that offer insights into your financial performance, allowing you to make data-driven decisions and meet reporting requirements.
We assist in managing your capital expenditures efficiently. Whether it’s investing in new equipment, technology, or infrastructure, we help you make informed decisions to optimize your logistics investments.
Our team conducts thorough performance analysis of your financial operations within the logistics sector. We assess key performance indicators (KPIs) to measure the effectiveness and profitability of your supply chain activities.
Clearing backlog of un-posted historic transactions, reconciling historic accounts with bank/vendor/customer statements, and bringing books up to date.
Clean-up of chart of accounts including removing redundant accounts, updating vendor, customer and inventory lists, and correction of existing miscoded invoices, GL entries etc.
Accounting software transition including set-up of lists, mapping new to old chart of accounts, posting transactions in parallel runs, and 3 Way Reconciliations between Old Vs New Vs Statements.
We can provide a whole array of services for moving and storage companies ranging from accounting related services, HR services, shipments related services, billing services among others. In accounting services, we can perform cash application services, bank and credit card reconciliation, accounts payable processing, accounts receivable processing, collections, general ledger maintenance and monthly financials. We can also perform travel, employee expense, mileage and driver reimbursement processes.
We can also perform bill of lading generation, freight payment processing, freight audit, document processing and order invoicing. Entry of freight bills into the accounting or logistics management software after comparing the bills to scanned bill of lading and other shipping documents. Audit of freight invoices for adherence to freight terms listed in Bill of Lading and other shipping documents. We also provide comparative analysis of freight rates and volume of billed freight invoices by different carriers.
Logistics companies spend a lot of their time on processing and paying up freight bills raised by carriers. Our qualified team examines each and every of your invoices, audits, processes and approves these bills. Our outsourcing services can effectively eliminate chances of overcharges and claim disputes, duplicate bills, reduce your overall costs and shorten processing cycles.
Our accountants have attained speed and accuracy with rigorous training programs. By such training programs we have ensured that each member of the team understands the nuances of Bills of Lading and the key factors that must be handled accurately on each bill. You will experience a faster and streamlined flow of goods and information by outsourcing Bill of Lading Generation services to us.
Outsourcing is a well established strategy employed by many businesses in North America to reduce costs significantly. Outsourcing typically leads to cost savings ranging from 30%-60% depending on process type, location, degree of process complexity and scale of outsourced process. You can concentrate and grow your core business while we handle all the payment processing, accounting and freight documentation related activities.
We have worked with a variety of clients for e.g. moving and storage companies, warehousing companies, freight forwarding companies among others. We are able to cater to the needs of different types of clients as per their specific requirements.
