BREDA, The Netherlands, July 21 /PRNewswire/ --

- Singapore Seminar About Cost Reduction in Benefits Freight Audit Payment

The fast growing Dutch company ControlPay is expanding its activities on the Asian market. The freight audit solutions provider intends to open two new offices in Asia within two years and is to host a seminar in Singapore on August 12 to discuss the benefits of automated freight invoice audit processes.

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According to operation manager Pieter Kinds, transportation costs are becoming more complex and that's why large, multinational and multi-site companies see the benefits of ControlPay. Customers include Bridgestone and Gillette, for which the company handles the complete transport order management and administrative and financial settlement.

In Asia more and more companies are beginning to understand that freight payment and audit services can increase efficiency and decrease transportation costs. A recent study shows that the need for clear and reliable data is growing fast. Close to 40% of major Asia-based companies are planning to utilize some form of freight payment and audit service in the next two years. During the Singapore seminar on August 12 ControlPay will explain the benefits and opportunities of automated freight invoice audit processes. It will also demonstrate its proprietary system, FRED.

The seminar will be held at the Shangri-La Hotel, 22 Orange Grove Road, 258350, Singapore. To register or for additional information: http://www.controlpay.com.

ControlPay is an independent intermediary between shippers and carriers which compares audit contracts and invoices, creates transparency in costs and logistic processes and immediately detects increasing costs due to toll or high fuel prices.

ControlPay started its services in 2002. At this moment the company employs over 60 people in offices in Breda and Kiev and handles one billion euros of freight payment a year.

Note for the press: For further information please contact operation manager Pieter Kinds van ControlPay, tel: +31-(0)76-5991590 of mob: +31-(0)6-54973147