Freight Data Management

When you manage your freight data with precision, you get more than just insights into crucially important metrics in your supply chain. You gain the ability to save time, money, human capital, and turn your supply chain into a value driver.

The world of logistics and supply chain management is undergoing two significant transformations simultaneously: globalization and digitization. The right technology partner can help you keep up with growing complexities in supply chains and the need to account for multiple carriers, currencies, locations, plus heightened consumer demand for faster delivery times.

Organizations with global supply chains can use technology to access and use dynamic, centralized supply chain information to streamline decision-making processes and operations to help you meet compliance and business requirements. Why not leverage technology to do more with less?

Our Products Include:

Freight Audit
Rate Manager
Carrier Management Services
Match Manager
Data Compliance Manager
TraxPays

Freight Audit

Freight Audit

A comprehensive solution for managing rates and spot quotes across modes and geographies. Provides advanced visibility to expiring rates, a global audit trail for rate submissions and approvals, and assurance that rate data complies with enterprise requirements.

  • Solves for the disjointed lifecycles of rate procurement, freight audit, rate maintenance, and spot quote management.
  • View all rates in one place with the assurance they are up to date, complete and available for invoice audit
  • Ensure compliance and create visibility to compliance variance by lane, carrier, and region

Rate Manager

Rate Manager

A comprehensive solution for managing rates and spot quotes across modes and geographies. Provides advanced visibility to expiring rates, a global audit trail for rate submissions and approvals, and assurance that rate data complies with enterprise requirements.

  • Solves for the disjointed lifecycles of rate procurement, freight audit, rate maintenance, and spot quote management.
  •  View all rates in one place with the assurance they are up to date, complete and available for invoice audit
  • Ensure compliance and create visibility to compliance variance by lane, carrier, and region

Carrier Management Services

Carrier Management Services

A comprehensive solution for managing rates and spot quotes across modes and geographies. Provides advanced visibility to expiring rates, a global audit trail for rate submissions and approvals, and assurance that rate data complies with enterprise requirements.

  • Solves for the disjointed lifecycles of rate procurement, freight audit, rate maintenance, and spot quote management.
  • View all rates in one place with the assurance they are up to date, complete and available for invoice audit
  • Ensure compliance and create visibility to compliance variance by lane, carrier, and region

Match Manager

Match Manager

Gain a line of sight into performance from all angles and control your transportation costs.

  • Product-level allocation and item-level purchase tracking
  • Fully closed loop from generation of shipment to invoice receipt to bookings
  • Alignment of supplier-oriented data and freight-oriented data for controlled transportation costs

Data Compliance Manager

Data Compliance Manager

Technology-enabled data management that ingests, cleans, normalizes, and joins data from disparate systems for centralized data to inform decision-making.

  • Centralization of diverse datasets from across global transportation networks
  • High-quality data management built specifically for transportation management
  • Reduces the need for manual processes

TraxPays

TraxPays

Efficiently and effectively pay thousands of carriers seamlessly without a loss in treasury benefits or carrier-level payment data with TraxPays

  • Reduce the manual effort of maintaining hundreds of vendors and thousands of transactions
  • Hold on to cash longer while aligning with treasury principles
  • Legally and technically secure

Global Consumer Goods Company Forecasts Freight Spend

The Client & the Challenge

Trax implemented the following solution: Design a system to analyze carriers’ advance shipment notices and apply the client’s contractually negotiated rates to accurately calculate estimated freight costs.

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See how we can help you
achieve better control of transportation spend

More resources to keep you informed

Your Guide to Managing Carriers & Spot Quotes in 2022

The past 18 months have been challenging, and, as a supply chain professional, you know this better than anyone else. You’ve seen the pandemic’s...
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Trax Technologies Announces Strategic Partnership with Raistone Capital

Dallas, Texas – November 8, 2021 – Trax Technologies announced that it has entered into a strategic partnership with Raistone, a world-leading...
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Why the 4PL, Lead Logistics Provider Matters More Than Ever

The Case for Reconsidering the 4PL in Supply Chain Strategies Remember when just a log jam sounded bad? Simple times. What the world is now seeing...
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See all of the Transportation Spend Management solutions we offer

Freight Audit & Freight Data Management
Performance Management
Transportation Optimization

Freight Audit & Freight Data Management

Freight Audit & Freight Data Management

Confidently manage international transportation including freight audit, rate management, carrier payment, and data and policy compliance with operational and data quality controls for your network.

  • Solves for the disjointed lifecycles of rate procurement, freight audit, rate maintenance, and spot quote.

  • View all rates in one place with the assurance they are up to date, complete and available for invoice audit.

  • Ensure compliance and create visibility to compliance variance by lane, carrier, and region.

Learn More

Performance Management

Performance Management

Financial Management was built to help your organization create greater returns and profitability. You’ll get visibility into higher quality data, enabling you to be more confident and efficient in financial management. Avoid surprises and accurately budget, allocate, and accrue for logistics expenses. The end result is cost savings, transparency, efficiency, and risk management.

  • Solves for the disjointed lifecycles of rate procurement, freight audit, rate maintenance, and spot quote management.

  • View all rates in one place with the assurance they are up to date, complete and available for invoice audit

  • Ensure compliance and create visibility to compliance variance by lane, carrier, and region

Learn More

Transportation Optimization

Transportation Optimization

A strategic evolution to bring transportation and planning to the forefront of supply chain optimization. Leverage freight performance insights to influence global supply chain decision making and planning.

  • Solves for the disjointed lifecycles of rate procurement, freight audit, rate maintenance, and spot quote management.

  • View all rates in one place with the assurance they are up to date, complete and available for invoice audit

  • Ensure compliance and create visibility to compliance variance by lane, carrier, and region

Learn More