Fleets operate under a never-ending, often confusing web of regulations, from DOT compliance to fuel tax reporting and now, for sure, beneficial ownership information (BOI). BOI reporting has become another layer of legal complexity. While the Corporate Transparency Act (CTA), which mandates BOI filing, was designed to combat financial crimes like money laundering, fraud and tax evasion, its implementation has been anything but smooth. Litigation has cast uncertainty over its future, leaving...
accounting
Por qué el flujo de efectivo es fundamental para administrar un negocio exitoso
Gestionar el flujo de efectivo se trata de mantener vivo un negocio. En Trucking y otras industrias que operan con márgenes ajustados, tener efectivo cuando sea necesario es la diferencia entre quedarse y salir del negocio. Incluso un negocio rentable en papel puede fallar si no tiene el efectivo...
Comprensión de los 30 términos net para tarjetas de combustible de flota
La gestión del flujo de efectivo es uno de los mayores desafíos para los propietarios-operadores y flotas. Entre el combustible, el mantenimiento, el seguro y la nómina, los gastos pueden acumularse rápidamente, a menudo antes de que ingresen los ingresos de las facturas de carga completadas. Ahí...
Administrar efectivo para mantener las ruedas girando
Muchos conductores pasan años en la carretera, desarrollando una mentalidad empresarial mientras se centran en cada dólar que generan para sus empleadores. Finalmente, el pensamiento cruza sus mentes: «Los estoy haciendo mucho dinero. Necesito mi propio camión. Necesito ganar ese dinero por mí...
https://fullavantenews.com/administrar-efectivo-para-mantener-las-ruedas-girando/?lang=es
Managing Cash to Keep the Wheels Turning
Many drivers spend years on the road, developing an entrepreneurial mindset while focusing on every dollar they generate for their employers. Eventually, the thought crosses their minds: “I’m making them a lot of money. I need my own truck. I need to make that money for myself.” However, few fully grasp the complexities of owning a fleet and the capital required to sustain it.
Becoming an owner-operator or running a small fleet requires more than just knowing how to drive. The key to survival,...
https://www.freightwaves.com/news/managing-cash-to-keep-the-wheels-turning
Why Cash Flow Is Critical to Running a Successful Business
Managing cash flow is about keeping a business alive. In trucking and other industries operating on tight margins, having cash when needed is the difference between staying in and going out of business. Even a profitable business on paper can fail if it doesn’t have the cash available to cover fuel, maintenance, payroll and other daily expenses.
Cash flow is the lifeblood of operations for owner-operators, fleet owners and small businesses alike. It determines whether the wheels keep rolling,...
https://www.freightwaves.com/news/why-cash-flow-is-critical-to-running-a-successful-business
Understanding Net 30 Terms for Fleet Fuel Cards
Managing cash flow is one of the biggest challenges for owner-operators and fleets. Between fuel, maintenance, insurance, and payroll, expenses can pile up quickly, often before the revenue from completed load invoices comes in. That’s where net 30 fleet fuel cards come into play. These cards provide structured fuel expense management by giving fleets and fleet owners 30 days to pay their fuel bill in full – basically, short-term financing to bridge the gap between operating costs and...
https://www.freightwaves.com/news/understanding-net-30-terms-for-fleet-fuel-cards
Auditorías de factura de flete y por qué importan
La gestión de los costos de flete es uno de los aspectos más críticos de administrar un negocio de camiones. Asegurar que las facturas sean precisas con el aumento de los precios del combustible, las tasas fluctuantes y los acuerdos complejos de transportistas es esencial para la estabilidad...
https://fullavantenews.com/auditorias-de-factura-de-flete-y-por-que-importan/?lang=es
Freight Invoice Audits and Why They Matter
Managing freight costs is one of the most critical aspects of running a trucking business. Ensuring that invoices are accurate with rising fuel prices, fluctuating rates, and complex carrier agreements is essential for financial stability. Unfortunately, billing errors, duplicate charges, misclassified freight, and unexpected fees are all too common in logistics. That’s where freight invoice audits come into play.
A freight invoice audit reviews, verifies, and corrects freight invoices to ensure...
https://www.freightwaves.com/news/freight-invoice-audits-and-why-they-matter
Upwell secures $6.5M to automate logistics billing practices
Payment automation platform Upwell announced Monday it has secured a $6.5 million seed funding round led by Vertical Venture Partners with participation from Plug and Play Ventures, Black Dog Ventures, Neverlift Ventures, Automotive Ventures, and previous investors NVP, SaaS Ventures, Rise of the Rest, Invest Nebraska and Motivate Ventures. The company has raised $10 million since 2023.
“Our mission at Upwell is to modernize and simplify financial operations for logistics companies,
an industry...
https://www.freightwaves.com/news/upwell-secures-6-5m-to-automate-logistics-billing-practices