Trax Technologies

You are a provider of logistics related services to shippers within or across geographies.
You want to ensure that you are providing your clients with indisputable bills in a timely manner.
You want to reduce and wherever possible eliminate costs related to managing your accounts receivable from producing invoices through collections.
You want access to more favorable working capital solutions.
You want a trusted business partner.

Difficult to administer agreements, incomplete and unreliable data, and technology limitations resulting in high invoice generation costs, costly dispute management, long order to cash cycles, and high DSOs.
Perceived risk in the sector is high resulting in limited and costly working capital solution availability.
Numerous, non-standard and oft changing integration point requirements resulting in high data management costs and sub-optimized automation.

Trusted Links – Converting manual information into usable electronic data or establishing direct electronic data exchange connectivity with your business partners is costly and time consuming. Having interfaced with thousands of logistics service providers and a wide variety of shipper systems around the world, Trax has established the largest network of logistics data pipes known. With Trusted Links you obtain the experience, tools and core competencies required to provide you with fast, reliable and cost effective connectivity to your partners.
Trusted Data – Bad, missing or misleading data hurts business and erodes trust. Much like a refinery, Trax has developed highly sophisticated tools to ensure that the adage "garbage in, garbage out" does not apply to your processes. Rather with Trusted Data, the adage becomes "garbage in, quality and reliability out".
Trusted Bill – Your clients may represent a wide-array of billing requirements that are costly and time consuming to manage effectively. Trusted Bill enables you to maintain your focus on your core competencies while knowing your bills will be accurate and compliant, DSOs are optimized and disputes are minimized.
Trusted Visibility – You can't manage what you can't see or trust. Trusted Visibility leverages Trusted Data to provide actionable analytics in an environment of clarity and transparency. Analyzing the past is only one step to improving business performance. Trusted Visibility enables you to go all the way looking at your past, real-time, likely future and comparison with others.
FlexPay – Optimizing your financial supply chain is the next step in realizing significant supply chain efficiencies. Leveraging either or both of Trusted Bills or Trusted Settlement, FlexPay enables you to effectively take advantage of early payment discount programs, look to extend your payables, sell receivables or a combination of all.
Concierge Services – Sometimes you just don't have the resources, skills or desire to manage important but not core competency elements of your business. Concierge Services provides expert managed service and consulting services ranging from temporary contract help to project specific content help to fully outsourced business processing.

Trax services provide logistics service providers with a means to address their accounts receivable process challenges and convert shipper relations into strategic, trusted relationships. Trax services specifically drive:

Simplified and efficient partner & data integration
Ensured data accuracy and completeness
Lower accounts receivable administrative & operating costs
Eliminated or diminished financial risk
Improved DSO and order to cash
Strategic negotiating power and customer stickiness
Access to superior working capital solutions

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