What is Logistics Invoice Verification?

Logistics Invoice Verification is the process of comparing an invoice received from a logistics service provider (e.g., a transportation company, warehouse) against the agreed-upon rates, services performed, and supporting documentation to ensure accuracy and validity. It's commonly used to prevent overpayment, identify discrepancies, and maintain accurate financial records in supply chain operations. The process often involves matching the invoice details with purchase orders, goods received notes, contracts, and proof of delivery documents.