Sifted vs. Intelligent Audit

Sifted and Intelligent Audit have such stark differences that in certain cases there is reason to use both providers simultaneously. If you currently use Intelligent Audit for freight auditing, you don’t need to change that to derive benefit from Sifted.

Key Differentiators

Holistic Approach vs. Audit Focus –

• Sifted offers a broad range of optimization solutions beyond parcel auditing, including scenario modeling and carrier management, providing a more holistic approach to logistics intelligence.
• Intelligent Audit emphasizes multi-modal auditing to identify cost savings.

Proactive vs. Reactive –

• Sifted uses automation and predictive analytics to manage and optimize parcel spend proactively, anticipating and addressing cost issues before they arise.
• Intelligent Audit focuses on traditional auditing and spend optimization, identifying discrepancies and savings opportunities after they occur.

SaaS vs. Transactional & Gainshare Pricing –

• Sifted operates on a SaaS, or software as a service, business model. You pay a flat subscription fee in exchange for licenses to use the software. This allows for a broader range of service optimizations and offers a more client-centric, data-driven approach.
• Intelligent Audit mainly operates on a combination of transactional and gainshare pricing. This model focuses on savings events, which hinders flexibility in optimizing all aspects of parcel spend.

Where Sifted Wins

Sifted’s platform is complete with advanced analytics and always-on monitoring to keep track of your cost-sensitive KPIs. You can use it to:

• See data and details normalized across carriers
• Understand how you’re trending and what you should do about it
• Detect anomalies that are impacting your spend and operations
• Build custom reports with robust filtering capabilities

Sifted’s robust modeling tools are second to none in the industry; they allow you to simulate high-stakes scenarios in a virtual sandbox. With them you can:

• Simulate and model alternative warehouse locations based on zones
• Test different sizes and weights for packages most affected by oversize fees
• Identify potential vulnerabilities in your supply chain related to fee hikes
• Make service type adjustments by analyzing the most cost-effective mode

Sifted’s carrier management suite provides end-to-end lifecycle management, giving you transparency into carrier delivery performance, pricing and billing. With it you can:

• Manage and import data across multiple carriers
• Re-rate carrier proposals in real-time against industry standards
• Track individual carrier performance and compare it to similar shippers
• Calculate on-time delivery performance for each carrier mode

Sifted’s new notifications are a game-changer in the Logistics Intelligence world. You have the ability to “set them and forget them” – Sifted will notify you when to take action. Some types of alerts you can opt into are:

• Contract Compliance: You’re not being charged the agreed upon rates
• Contract Monitoring: Terms are expiring soon or you’re getting close to a tier change
• Unauthorized Oversize/Over Max fees: You incur a fee for Unauthorized Oversize (FedEx) or Over Max (UPS)
• Late Payment Fees: You incur a fee for paying a carrier invoice late

Product Capabilities*

*Some capabilities are product tier dependent.

Reviews