ProfitTrust

ProfitTrust

Financial Services

New York, New York 490 followers

Our technology reduces shipping expenses ensuring our clients don't overpay. How? Find out www.profittrustsavings.com

About us

ProfitTrust Technology automatically obtains refunds for any company using FedEx, UPS & DHL for performance failures and invoicing/billing errors. Our technology also determines if you are entitled to lower rates. All fees are strictly contingent, no savings/refunds for you, no fees for us. Give us a call today.

Website
https://profittrustsavings.com/
Industry
Financial Services
Company size
11-50 employees
Headquarters
New York, New York
Type
Privately Held
Founded
2018

Locations

Employees at ProfitTrust

Updates

  • ProfitTrust reposted this

    View profile for Ross Brenner, graphic

    Senior VP at ProfitTrust | Lowering Parcel Shipping Costs by 10-30% to Boost Company Margins

    There are less than 2 months until the "Peak Surcharges" kick in this October. Here’s a snapshot of what to expect: FedEx Ground Economy Oct. 28–Nov. 24, 2024: $1.90 per package Nov. 25–Dec. 29, 2024: $3.15 per package Dec. 30, 2024–Jan. 19, 2025: $1.90 per package UPS Surepost Peak Surcharges could soar up to $7.30 per package if your volume hits 400% of their baseline. Don’t let these costs catch you off guard—lets plan ahead to mitigate these price increases!

  • ProfitTrust reposted this

    View profile for Ross Brenner, graphic

    Senior VP at ProfitTrust | Lowering Parcel Shipping Costs by 10-30% to Boost Company Margins

    𝗣𝗿𝗼𝗳𝗶𝘁𝗧𝗿𝘂𝘀𝘁: 𝗧𝗵𝗲 𝗔𝘂𝘁𝗼𝗺𝗮𝘁𝗲𝗱 𝗦𝘆𝘀𝘁𝗲𝗺 𝗳𝗼𝗿 𝗬𝗼𝘂𝗿 𝗦𝗵𝗶𝗽𝗽𝗶𝗻𝗴 𝗥𝗲𝗳𝘂𝗻𝗱𝘀 Think about how toll booths used to work. You'd have to slow down, stop, and physically hand over cash or a ticket. It was time-consuming, and those delays added up, especially during busy travel times. Then came the PASSIVE electronic toll collecting systems. Suddenly, you could breeze through without stopping, automatically paying the toll without any extra effort on your part. It revolutionized the way we travel, saving time and making the whole process more efficient. Now, apply that same concept to the parcel audit industry. Manually filing for refunds is like stopping at every toll booth—it’s slow, inefficient, and prone to human error. But automating the claims process is the equivalent of implementing the electronic toll collecting system for your shipping refunds. It’s a game changer, ensuring that every owed refund is automatically applied for without the need for constant oversight. Just as automated toll systems transformed the way we drive, automated refund technology is revolutionizing the way companies handle their shipping costs and recouping owed refunds. For businesses that ship small parcel, making this shift can be the difference between leaving money on the table and maximizing savings seamlessly. #shipping #directtoconsumer #3PL #parcelaudit #shippingrefunds

  • View organization page for ProfitTrust, graphic

    490 followers

    Small parcel shippers: How much should you be saving? ProfitTrust

    View profile for Ross Brenner, graphic

    Senior VP at ProfitTrust | Lowering Parcel Shipping Costs by 10-30% to Boost Company Margins

    𝗛𝗼𝘄 𝗪𝗲 𝗛𝗲𝗹𝗽𝗲𝗱 𝗮 𝗟𝗲𝗮𝗱𝗶𝗻𝗴 𝗔𝗽𝗽𝗮𝗿𝗲𝗹 𝗠𝗮𝗻𝘂𝗳𝗮𝗰𝘁𝘂𝗿𝗲𝗿 𝗦𝗮𝘃𝗲 𝗢𝘃𝗲𝗿 $𝟱𝟬𝟬,𝟬𝟬𝟬 In 2023, a well-known apparel manufacturer approached us with a huge issue. They lacked an effective claims filing process and had no clear understanding of which shipments were eligible for refunds or how much they were owed. Additionally, they were uncertain if their shipping rates were competitive, as many of their competitors seemed to be spending less on their shipping costs. After onboarding them to the ProfitTrust parcel audit platform, we quickly identified that they were missing out on significant refunds and confirmed that they were overpaying on their shipping rates. Here’s what we accomplished together: 𝗔𝘂𝘁𝗼𝗺𝗮𝘁𝗲𝗱 𝗖𝗹𝗮𝗶𝗺𝘀 𝗣𝗿𝗼𝗰𝗲𝘀𝘀: Our audit technology now fully automates their claims process, ensuring that every eligible refund is filed and thousands of dollars in credits are successfully recouped. 𝗥𝗮𝘁𝗲 𝗡𝗲𝗴𝗼𝘁𝗶𝗮𝘁𝗶𝗼𝗻 𝗦𝘂𝗰𝗰𝗲𝘀𝘀: By guiding them through a rate negotiation, we saved them a few hundred thousand dollars—all without changing their carrier or account. The results? They’ve significantly improved their margins, lowered their parcel shipping costs, and now have complete confidence in their rates and refund processes. Over $500,000 in savings and counting—a true win-win all around!

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  • ProfitTrust reposted this

    View profile for Ross Brenner, graphic

    Senior VP at ProfitTrust | Lowering Parcel Shipping Costs by 10-30% to Boost Company Margins

    When we first partnered with this client, they faced several challenges: • No system for filing refunds with their small parcel carrier • Higher-than-market shipping rates • Uncertainty about whether their pricing was competitive In less than 14 months, we have: • Automated their claims filing process, ensuring they recoup every credit owed • Assisted them in renegotiating their small parcel agreement to secure the best possible pricing • 𝗦𝗮𝘃𝗲𝗱 𝘁𝗵𝗲𝗺 𝗼𝘃𝗲𝗿 $𝟮𝟱𝟬,𝟬𝟬𝟬 If you ship small parcel and are manually filing claims or unsure if you're being overcharged on your rate agreement, reach out. I'm confident we can uncover some significant shipping cost savings for you!

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  • ProfitTrust reposted this

    View profile for Ross Brenner, graphic

    Senior VP at ProfitTrust | Lowering Parcel Shipping Costs by 10-30% to Boost Company Margins

    Does your company apply for shipping refunds manually? Are you sure you're capturing every credit owed to you? One of our clients, who ships small parcel, was leaving thousands of dollars with their carriers by not automating their claims process. They onboarded the ProfitTrust shipping audit platform in mid-November and have already saved over $300,000 in refunds alone! That's an average of $44,000 per month. If you ship small parcel and aren't using a parcel auditor like ProfitTrust to automate your claims process, you're likely leaving money on the table—money that belongs to you. Know a VP of Logistics, Director of Operations, or Transportation Manager who ships small parcel? Tag them below so they can start saving money!

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  • ProfitTrust reposted this

    View profile for Kathleen Sullivan Garman, graphic

    Operations, Supply Chain and Logistics for E-Commerce. Working on legend status.

    This week has been all about saving money. This one is for my 3PL friends! You're storing, packing, boxing, shipping... each of those things are line items on your invoices to your clients. However, I've seen shipping invoices - LTL, FTL, FedEx, DHL, UPS, USPS - they're so confusing, full of too many details and yet not enough. What are you using to make sure you're passing those costs on correctly in your invoices to clients? Following this waterfall, how are your clients ensuring that they're charging enough for shipping to cover the costs? Enter Capabl and Ahmed Zedan - They can evaluate the entire invoice process and help apply each charge to a specific shipment for a specific client. Combine that with my recommendation yesterday for saving on your shipping accounts with Ross Brenner and ProfitTrust, and you have yourself not just a winning strategy, but a game-changing plan of action. #3PL #shippingcosts #invoicing #Capabl #ProfitTrust

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  • ProfitTrust reposted this

    View profile for Ross Brenner, graphic

    Senior VP at ProfitTrust | Lowering Parcel Shipping Costs by 10-30% to Boost Company Margins

    **Important Note for Fedex or UPS Shippers** If your company ships packages overnight using FedEx or UPS, did you know you're eligible for a 100% refund on shipping costs if the delivery is just 60 seconds late? Our technology takes care of the entire refund process for you. The ProfitTrust tech was built to automatically identify these late deliveries and will file for these refund on your behalf. No need for manual claims or added complexity. It's a simple way to save without doing anything.

  • ProfitTrust reposted this

    View profile for Kathleen Sullivan Garman, graphic

    Operations, Supply Chain and Logistics for E-Commerce. Working on legend status.

    This week, I've been all about finding hidden cash. One of the best ways to do this is by analyzing your shipping costs. And one of the best ways to do that is to hire ProfitTrust & Ross Brenner. They specialize in finding thousands of dollars for so many brands, sometimes hundreds of thousands. I once spent weeks on a project looking at UPS bills and identifying surcharges, fuel charges, etc. It resulted in about $75k of savings, which I was quite proud of at the time. But Ross and his team could have found that so much faster and I would bet, found even more. Seriously, don't leave your cash in someone else's hands! #UPS #usps #FedEx #Profitability #CostReduction

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  • ProfitTrust reposted this

    View profile for Salvatore J Stile II, graphic

    Founder & Co-Chairman at Alba Wheels Up - International Freight Forwarder & Customs Broker

    #AAFA #traceability #webinar #importers #apparelmanufacturing #footwear #footwearinnovation #technologyinnovation #forcedlabor #foxnews #cnbc DON'T MISS VIEWING A WORLD-CLASS SOLUTION THAT WILL GREATLY HELP YOU AND YOUR COMPANY WITH TRACEABILITY AND FORCED LABOR CONCERNS This webinar is specifically designed to demonstrate how importers can revolutionize and manage their compliance sourcing and traceability processes, addressing the intricate challenges faced by multinational importers and promising not just improvements but a transformative impact.

    Webinar: Leveraging Auto Supply Chain Mapping Tools for UFLPA Adherence

    Webinar: Leveraging Auto Supply Chain Mapping Tools for UFLPA Adherence

    aafaglobal.org

  • View organization page for ProfitTrust, graphic

    490 followers

    Are you using a freight auditor? If not, you are probably missing out on refunds you are entitled to. See how much you can save using our technology. Email [email protected] to get a report today. #aitechnology #refunds #shipping #parcelshipping #paylessforthesame

    View profile for Ross Brenner, graphic

    Senior VP at ProfitTrust | Lowering Parcel Shipping Costs by 10-30% to Boost Company Margins

    This client has saved over $1.3MM on their #Fedex shipping costs in the last 15 months. This is just one of thousands of examples. If your company ships with #Fedex or #UPS, we should talk and see if we can do the same for you.

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