Powered by Asset Track
You Move Shipments. We Move Information.
Real-time, Accurate Invoice Reconciliation
Freight operates a world class reconciliation process. The system produces and organizes vendor invoices, inspects freight data collected into the system, matches each line item on vendor statements, and highlights inconsistencies, without any manual intervention. This results in is real-time, accurate invoice reconciliation.
Dashboard : AnalyticsAdd
Our enterprise grade analytics module equips you with the ability to make critical business decisions, quickly and with confidence. Highly configurable dashboards provide key metrics in near real-time helping to answer questions that drive data-backed decisions. Build and deploy your own reports via schedule (hourly, daily, weekly, monthly), or receive notifications for immediate required actions.
Improving Vendor relationships with no overhead
Our onboarding processes help to improve your vendor relationships with no overhead. The effective approach is made significantly easier through real-time decision-making features and smart validation algorithms, reducing repetitive along the way. Furthermore, Freight is SSO enabled which allows for ease of access without compromising security.
Connectivity of IOT devices and sensors
Our Integration Hub allows for connectivity to IoT devices and sensors that collect and manage shipment data, such as vehicle tracking, temperature readings, driver behavior, and fleet optics. This data can be used to create visibility into cargo shipments, help to promote road safety and operational efficiency, and logistics management for remote repairs and updates.
Days Sales Outstanding (DSO)
Freight has an in-built invoice and payment solution that provides unparalleled transparency in invoicing and logistics. The system automates the invoice generation process, providing an accessible, single source of truth for all transaction data, thereby automatically improving DSO and reducing the number of days to collect payment.
Days Payable Outstanding (DPO)
Freight ensures that finances are kept under control with its analytics dashboard. Through the utilization of the platform’s smart logic, it pools every budgetary element together, allowing companies to see upcoming and outstanding invoices, current cashflow status, and how to maintain a good DPO without over or under paying.
Our sophisticated dispute management module, resolves disputes by defining acceptance and rejection cycles. Combined with system data, predictive modeling helps to reduce and resolve disputes. Each interaction is tracked and then stored immutably providing a transparent audit log. Logic is then refined further to ensure that similar disputes are not repeated.
Workflows: ShipmentsRaise Dispute
Features & Capabilities
Reconciliation free invoicing
Invoices are created during transportation. Upon completion, the invoice is populated with accurate information, automatically approved and payment ready.
Freight network visibility
Freight network visibility enables better route planning, live corrective actions and the optimization of LTL & FTL planning.
Immediate cost reduction
A reconciliation-free system doesn’t require 3rd party freight audit and reduces spending via our QuickPay integration to carrier payment.
A single source of verifiable truth is accessible to shippers and carriers.
Improved operational planning
Eliminate data duplication and receive early alerts to missing information.
Proof of Delivery
Upon shipment completion, a POD is automatically generated and sent to the shipper for validation.
Platform integration and deployment within 30 days, regardless of size.
Faster Decision Making
Instant alerts notify of any potential disruptions, allowing proactive, or in-situation corrective action.
Business logic and smart contracts enable the automation of previously manual processes and workflows.
Real-time data access and sharing between authorized parties allows full transparency into items such as transport and fuel rates.
Invoices are created and populated in real time, including any accessorial charges incurred during transportation.
IOT & Index Integration
Real-time IoT information and fuel & tax indices provides impartial shipment data, easily integrated with BI tools.
Introducing Freight 2.0
Freight 2.0 is the next iteration of the award-winning no-code/low code platform, Freight. The significant system upgrades cater to the seismic shifts in demand and resulting complexity of the supply chain and logistics industry, worldwide.
Watch Freight in action!
Narrated by Pete Govanlock, our VP Freight, this short video details how the Freight solution creates invoices in real-time.
Hear from our Clients