Overview

IBISWorld’s Procurement Research Reports cover thousands of indirect purchasing lines. Our data and analysis help you strategically engage and negotiate with suppliers and give you the credibility to work with internal stakeholders and executives. IBISWorld’s Freight Payment Services procurement research provides price trends and forecasts, supplier benchmarks and negotiation questions all intended to give your company leverage during the sourcing process.
doneBenchmark Price
doneRFP/RFQ/Negotiation Questions
done3 Year Price Forecast
doneSupply Chain Analysis
doneSupplier Intelligence
doneSample Buyer Decision Scorecard
REPORT SNAPSHOT

Freight Payment Services - Recent Price Trend

From 2014 to 2017, prices for freight payment services have been decreasing at an estimated annualized rate of 1.3%. Competition stemming from the high availability of substitutes has been the primary driver of price declines during the period. Buyers can conduct invoice payment and processing in house by either investing in software licenses, which simplify these tasks, or by expanding the...

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Freight Payment Services - Total Cost of Ownership

The total cost of ownership for freight payment services is low. Some suppliers do charge a minimum monthly or weekly fee. However, there normally is no implementation or onboarding fee associated with this service. Vendors and buyers agree to pricing factors beforehand. As a result, the minimum cost of having an invoice processed, and the costs associated with communication methods, shipping...

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About this Report

This report is intended to help buyers of freight payment services, which allow businesses to outsource accounts payable processes associated with shipping to independent carriers. Providers of this service receive invoices on behalf of the buyer and then conduct invoice validation, data entry, rate audits and facilitate carrier payments. Freight payment service suppliers have also been increasingly providing data analytics tools to give clients insight into their shipping spend.

Table of Contents

At a Glance

Executive Summary

Price Environment
 Price Fundamentals
  Benchmark Price
  Pricing Model
 Price Drivers
 Input Cost Drivers
 External Demand Drivers
 Recent Price Trend
 Price Forecast

Product Characteristics
 Product Life Cycle
 Total Cost of Ownership
 Product Specialization
 Related Goods
 Subsitute Goods
 Regulation
 Quality Control
Supply Chain & Vendors
 Supply Chain Dynamics
  Supply Chain Risk
  Geographic Locations
  Imports
 Competitive Environment
  Market Share Concentration
  Vendor Company Types
 Market Profitability
 Switching Cost

Purchasing Process
 Buying Basics
 Buying Lead Time
  Selection Process
  Buying-Decision Scorecard
 Key RFP Elements

Negotiation Questions

Buyer Power Score Components

Jargon & Glossary

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