Your CargoWise system is only as good as the data you put in. Too often, companies invest heavily in implementation and training, only to let sloppy or inconsistent data erode the value of the system. Bad data doesn’t just stay buried—it ripples through your entire business. Where It Shows Up (and Why It Matters) InconsistentContinue reading “The Leadership Cost of Bad Data in CargoWise”
Tag Archives: small-business
🛡️ Tax IDs & Compliance Fields in CargoWise: Getting It Right the First Time
In global freight forwarding, accuracy is more than operational efficiency—it’s compliance.In CargoWise, two seemingly simple sections of your Organization master data—Tax IDs and Compliance Fields—can mean the difference between smooth transactions and regulatory headaches. When these fields are incomplete, incorrect, or outdated, you risk: 📍 Why These Fields Matter Tax IDs—such as VAT, EIN, GST,Continue reading “🛡️ Tax IDs & Compliance Fields in CargoWise: Getting It Right the First Time”
💱 Currency & Credit Terms in CargoWise: Small Fields, Big Financial Impact
Welcome to Article 5 in the Organization Master Data Series.This time, we’re focusing on two deceptively simple master data elements that have a direct and measurable impact on your bottom line: Currency and Credit Terms. If your organization records in CargoWise are the foundation for operational accuracy, then currency and credit terms are the leversContinue reading “💱 Currency & Credit Terms in CargoWise: Small Fields, Big Financial Impact”
“It’s Just How It’s Always Been” – Why Finance Needs to Speak Freight
When I first took over as Controller, I joined a finance team that had very little understanding of freight forwarding. And when I started asking questions—why do we not understand our core business?—I was met with the dreaded words:“It’s just how it’s always been.” The reasoning?You don’t need to understand how a widget moves fromContinue reading ““It’s Just How It’s Always Been” – Why Finance Needs to Speak Freight”
📉 “Those Numbers Aren’t Right!”
Why Your Leadership Team Can’t Agree on the Numbers—and How to Fix It Many of us have been there… You’re in a leadership meeting. Finance presents the month-end results and kicks off the conversation about shrinking margins and declining shipments. Finance is clear: “Costs are trending up. Margins are tightening. Shipment volumes have dropped month-over-month.”Continue reading “📉 “Those Numbers Aren’t Right!””
🚀 New Vendor Approval & Setup: Your Ultimate Checklist! ✅
A structured and compliant vendor onboarding process is critical to avoiding payment delays, fraud risks, and compliance issues. Whether you’re a finance pro, AP specialist, or small business owner, here’s your must-have checklist for new vendor approval and setup: 📌 Step 1: Structured Vendor Setup Request & Approval Process ✔️ Implement a formal vendor setupContinue reading “🚀 New Vendor Approval & Setup: Your Ultimate Checklist! ✅”