While ninety-nine percent of America’s overseas trade passes through ports, amounting to 46 trillion dollars in economic activity, it’s no secret that ports tend to be strapped for resources and funding. Despite the volume of business, it’s common for funds to be shared among several entities and for processes to be manual, error-prone, and inefficient. Click here to learn more.
Port authorities across the US are charged with managing critical points of trade, transportation, and national security. In fact, US seaports see over 99 percent of overseas trade and makeup 26 percent of US economic activity, according to ASCE’s 2017 Infrastructure Report Card. But with today’s constant changes in policy and regulation impacting government funding and revenue generation, it’s imperative that Port Authorities start adopting smart strategies to manage – and optimize – spend. Click here to learn more.
Transform your spend management with a flexible solution that provides end-to-end transparency and efficiency. Click here to learn more.