After 25 years of processing over $22 billion in global freight spend, Trax Technologies has launched its most ambitious platform yet—Prizma.AI, an artificial intelligence ecosystem that transforms basic invoice data into comprehensive supply chain intelligence. This next-generation platform represents a fundamental departure from traditional freight audit systems toward predictive, automated supply chain management.
Key Takeaways
- Prizma.AI transforms basic invoice data into comprehensive supply chain intelligence through advanced AI processing
- AI Extractor technology processes paper-based carrier documentation, expanding logistics network options without operational overhead
- Machine learning-powered Audit Optimizer automates exception management while maintaining strategic human oversight
- Comprehensive platform integrates freight audit, rate management, emissions tracking, and advanced analytics capabilities
- Enterprise customers achieve 5-7% savings on transportation spend through improved visibility and automated processing
Beyond Freight Audit: Enter the Intelligence Era
Prizma.AI
addresses the core limitation that has plagued supply chain technology for decades: the inability to extract strategic value from transactional data. While traditional systems focus on basic compliance and payment processing, Prizma.AI treats every invoice, bill of lading, and carrier interaction as a source of actionable intelligence.
"The input is a basic data stream—invoices and bills of lading. Nothing exciting," explains Blake Tablak, CEO of Trax Technologies. "What comes out is nothing short of amazing. From a single invoice, we can deliver accruals, forecasting, operations performance, payment netting, compliance reporting, operational efficiency—the possibilities are endless."
This prism analogy captures the platform's core innovation: transforming mundane transactional data into a spectrum of strategic insights that drive competitive advantage across global supply chains.
AI-Powered Document Processing Eliminates Manual Bottlenecks
The platform's AI Extractor technology addresses a critical industry challenge—52% of carriers still operate through paper-based processes. Unlike traditional OCR systems that simply digitize text, AI Extractor comprehends document concepts, relationships, and structures, enabling seamless processing of complex freight documentation.
This capability significantly reduces manual data entry risks while accelerating carrier onboarding for complex global supply chains. Organizations can now integrate smaller, specialized carriers that previously required manual processing, expanding their logistics network without increasing operational overhead.
Machine Learning Transforms Exception Management
Prizma.AI's Audit Optimizer combines machine learning pattern recognition with intelligent action recommendations to analyze audit exceptions and suggest appropriate resolutions. The system learns from historical handling patterns, with many recommendations achieving auto-apply status based on consistent accuracy.
This approach eliminates manual review for well-understood patterns while maintaining human oversight for complex or unusual scenarios. Supply chain teams can focus on strategic decision-making rather than routine exception processing, dramatically improving operational efficiency.
Comprehensive Platform Architecture
Prizma.AI delivers integrated capabilities across the entire transportation spend management spectrum:
Global Freight Audit processes 100% of invoices across all countries, modalities, and currencies through cloud-based infrastructure that scales with enterprise growth.
Rate Control™ provides a centralized repository for carrier contracts and rates with advanced analytics for both transportation and procurement teams, enabling strategic sourcing decisions.
Emissions IQ delivers comprehensive carbon impact tracking and reporting, supporting sustainability initiatives and regulatory compliance requirements.
Analytics Suite offers 30+ dashboard views with drill-through capability for comprehensive expense and performance analysis across global operations.
Carrier Platform empowers logistics partners to onboard, submit invoices electronically, and manage exceptions through self-service capabilities.
Addressing Enterprise-Scale Challenges
With transportation costs representing 6-9% of Cost of Goods Sold for many enterprises, sophisticated expense and performance management has become essential for competitive positioning. Prizma.AI directly addresses the data fragmentation, manual processing inefficiencies, and strategic decision-making limitations that constrain traditional freight audit systems.
"Traditional freight audit doesn't work in today's environment," Tablak noted. "Data is often unavailable, unstandardized, limited, and low quality. Prizma.AI unlocks data that is on-demand, normalized, expansive, and complete."
Proven Results Drive Enterprise Adoption
Trax customers utilizing the company's advanced solutions typically achieve 5-7% savings on annual transportation spend through improved visibility, automated processing, and strategic insights. The platform's ability to process complex global transactions while managing compliance across multiple jurisdictions enables enterprises to adapt to market challenges while building operational resilience.
Enhanced security standards including NIST certification and SOC Type 2 compliance ensure enterprise-grade protection, while comprehensive SSO integration capabilities enable seamless deployment within existing technology ecosystems.
Strategic Vision for Supply Chain Technology
The launch of Prizma.AI reinforces Trax's leadership position in transportation spend management, serving hundreds of customers who collectively track over $22 billion in freight spend. The platform represents a strategic investment in supply chain technology evolution, where AI capabilities will continue delivering increasing value as global logistics complexity grows.
This comprehensive intelligence approach transforms supply chains from necessary cost centers into strategic assets that drive competitive advantage through data-driven decision-making and operational optimization.
Experience Prizma.AI's transformative capabilities firsthand. Contact Trax Technologies to schedule a personalized demonstration and discover how AI-powered supply chain intelligence can optimize your transportation spend management and strategic decision-making processes.