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Premium
Ocean Audit serviceFor clients spending over $5m annually in ocean freight expenses Learn More
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About us
THE RATIONALE BEHIND OCEAN AUDIT...
Ocean Audit is the only 100% ocean freight auditing firm serving the entire globe. With offices in the USA and Europe, the company has been established for almost 20 years and counts 11 Fortune 100 companies among its clients.
This level of success has been built on a mission to support clients with a rigorous ocean freight auditing process that has the potential to identify inaccurate invoicing procedures which will in turn secure invoice refunds and identity future auditing in efficiencies.
Why use Ocean Audit?
Ocean freight professionals have long suspected that the complexities of invoicing in the container shipping industry hide a multitude of errors.
Add to this the turbulence in ocean freight rates and recent fuel surcharges and there's a real possibility that you're losing big chunks of revenue on every vessel.
The unique auditing processes developed by Ocean Audit cut through this fog of uncertainty by identifying incorrect or inaccurate invoices for ocean freight services. We find errors and refunds even when pre-audit, post-audit, freight payment and contract management systems show no errors.
While the system used by Ocean Audit is not designed to replace any part of our clients' own audit systems, it will in fact complement existing process and identify missed revenue opportunities and substantial refunds.
The company's current average refund is $5 per TEU for every container shipped during the period 2008 to 2011.
How Ocean Audit helps clients
Ocean Audit provide a twin-track service - Premium or Standard - depending on your company's annual ocean freight spend. We can audit all components of the ocean freight/container shipping process as well as payment issues relating to direct pay with the ocean vendor or third-party process.
Our auditing processes are quick and easy to implement, and the entire audit-to-refund process is completed within a maximum 60-day period. This unique post-audit process does not involve the need to gather paper-based files, and our work will have a minimal impact on the day-to-day running of your business.
A list of client testimonials is available for companies interested in developing a future working relationship with Ocean Audit.
In the first instance, please contact Steve Ferreira for an informal discussion, entirely without obligation.