How it works

A free freight audit in five steps: 20 loads in, one page out

A load pays on paper first. Then the paperwork has to agree: rate con, signed BOL, invoice, payment. MileCFO checks that chain on up to 20 of your loads and shows where it breaks.

  • No logins
  • No bank access
  • Free, no obligation
20loads, up toEnough to show whether a problem exists.
0loginsNo bank access either.
3numbers, never blendedPotential, verified, collected.
1page reportWith the formula behind each number.

What this is

Money leaks where one document stops agreeing with the next.

You ran the loads. The audit reads the file you already have and checks each load against the documents that should back it up. For each finding, the report says which document would prove it, and keeps three numbers apart so you never mistake a guess for cash.

Potential

What the loads suggest you may be owed or could earn. A lead, not a fact.

Verified

A claim is only called verified when the documents support it.

Collected

Only called collected when payment shows up.

What the report covers

  • Revenue per all mile
  • Empty miles
  • Broker mix
  • Payment speed
  • Money at risk
  • Missed detention
  • First three fixes

The journey

Five steps, and the chain we check on every load.

The document chain for one load Rate confirmation, signed BOL and POD, invoice and payment drawn as four linked documents. The link between invoice and payment is broken and marked: gap found. Rate conwhat was agreed Signed BOL / PODwhat happened Invoicewhat you billed Paymentwhat arrivedGAP FOUND ONE-PAGE REPORT: FORMULAS + PROOF
Illustration, not data. Each load's rate con, BOL, invoice and payment are compared.
  1. Request the audit

    Use the short form: name, company, trucks, email. A USDOT number helps but is optional.

  2. We reply with the next step

    We reply by email. Please do not email files, and do not send logins.

  3. You upload up to 20 loads

    A CSV export from your TMS or spreadsheet. Remove driver names and personal data if you can.

    CSV
  4. We build the report

    Revenue per all mile, empty miles, broker mix, payment speed, money at risk, missed detention and the first three fixes. Each number shows its formula, and each finding says which document would prove it.

    f(x)
  5. You decide

    Keep the report and stop there, or ask what recovery or back-office help would look like. No obligation.

The result

What your one-page report looks like

Three numbers on top, each kept apart. Below them, every metric with its formula. At the bottom, the first three fixes and the document that would prove each one.

Free audit: one pageExample data
Potential$ x,xxx
Verified$ x,xxx
Collected$ x,xxx

Metrics, with the math

  • Revenue per all milerate ÷ (loaded + empty miles)
    $ x.xx
  • Empty shareempty miles ÷ all miles
    xx%
  • Payment speed by brokerpayment date − invoice date
    xx days

First three fixes

  1. Fix one, with the document that proves it
  2. Fix two, with the document that proves it
  3. Fix three, with the document that proves it
Layout only. Placeholder values. Your report shows your own loads.

The file

What to put in it

Dates are read as month/day/year. Money can have $ signs and commas. If you do not have the file in this shape, tell us what you do have and we will say what can be done.

Columns the audit reads
ColumnNeeded?Used for
Load or reference numberHelpfulTie each finding to a load
Rate (total paid for the load)NeededAll revenue math
Loaded milesNeededRate per loaded mile
Empty (deadhead) milesStrongly helpfulRate per all mile, empty share
Origin and destinationHelpfulLane findings
Broker nameHelpfulConcentration, payment speed
Invoice number, date, amount paid, payment date or statusHelpfulMoney at risk, payment speed, partial payments
Detention hours, or arrival and departure timesOptionalMissed detention

What happens to your file

  • Used to reply and build your audit. We use what you send to answer your request, build your audit, and follow up the way you agreed to.
  • Not sold, not shared with advertisers. We do not sell it and we do not pass it to advertisers.
  • Deleted or anonymized on request. Write to hello@milecfo.com and we will delete or anonymize the data we hold about you.
  • Please remove personal data first. Take driver names and other personal data out of any file before you send it. Do not email files; we reply by email with the next step.

More on the security page. Read the privacy policy and the terms.

Questions

How long does it take?

We do not promise a turnaround on this page. When you send the file, we tell you when to expect the report.

I only have PDFs or settlement statements.

Tell us what you have in the request. A spreadsheet is easiest, but we will say honestly what we can do with what you keep.

Why only 20 loads?

It is enough to show whether a problem exists, and small enough that you can pull it in a few minutes.

Can I see a report first?

Yes. The free audit report is one page, with the formula behind each number. See an example report, open the dashboard preview, or read what the audit measures.

See what your last 20 loads show.

One short form. We reply by email with the next step, and a one-page report follows. Free, no obligation.

Mon-Fri, 9:00 a.m.-5:00 p.m. Eastern Time (Raleigh, NC). Voicemail is answered the next business day.